Redwood Shores, Calif. – October 24, 2010News Facts Oracle today announced the appointment of Chaitanya M. Kamat (Chet Kamat) as Managing Director and Chief Executive Officer of Oracle Financial Services Software Limited (OFSS), a majority owned subsidiary of Oracle and an integral part of the Oracle Financial Services Global Business Unit. Mr. Kamat has also joined the board of directors.

SDD First Solution to go Live on a Centralised European Platform BRUSSELS and LONDON, October 25, 2010 - Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces that The Bank of Tokyo-Mitsubishi UFJ, Ltd. have opted for its Open Payment Framework (OPF) technology to power a new centralized European payments platform.