Company: Oracle
Date: 2013-10-14
Overall rating: 3/5
Employment status: current
Experience level: Junior

Prime Sourcing - A Company once highly regarded, not anymore.
Pros: Well, this review is about the Prime Sourcing division in Oracle Financial Services (formerly known as I-Flex Ltd.). I haven't worked on the Products division (Flexcube), so won't comment on that.
1. Competitive salary in India and at Onsite, one of the best in the Industry.
2. Peers are very good and knowledgeable. You really get to learn the domain (Banking - Payments) in-depth.
3. Good work-life balance in some of the projects. You can say it's a laid back life.
Cons: Many - I am mentioning some of them.
1. Once a highly regarded brand, now surviving by outsourcing resources. The brand value has deteriorated in past years.
2. Very less number of projects in Pune location. Recently lost a big Client and that has worsened the situation. Huge number of resources sitting idle in the bench.
3. Middle/Senior level Management seems to have lost the direction. The Organization is merely surviving by outsourcing its resources to its clients.
4. Very much dependent on FundTech - GPP product. 
5. Appraisal and increments are not regular. No one knows when you get it (whether you will get it at all).