IBM and Oracle along with i-flex collaborating on banking applications.  Oracle includes Siebel now, so this could be an interesting combination.

The banking collaboration will combine the business and IT architectural leadership of IBM in banks, banking-specific application solutions from Oracle®, and core banking and risk solutions from i-flex. This combination can help banks today, using proven, market-leading solutions in CRM, Core Transaction Processing, Risk, Analytics and Corporate Operations to translate a bank’s business strategies into execution in a timely and effective manner.

Source: Moneycontrol India > News > IBM, Oracle & i-flex to collaborate on banking solutions > > Press- Market > IBM,Oracle,i-flex solutions,joint banking ,infrastructure, services,core banking,CRM,FLEXCUBE,,R. Ravisankar,David Sardilli