Digital Banking Solutions

Name

Digital Banking Solutions

Legal name

Digital Banking Solutions

Website

https://digital-banking-solutions.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Digital Banking Solutions is an Oracle Gold Partner that implements and customizes Oracle FLEXCUBE core banking for financial institutions, complemented by 12 proprietary frameworks spanning core banking, credit and risk, and compliance and reporting. The Portugal-headquartered firm delivers projects across seven countries with delivery teams in Portugal, India, Brazil, and Angola, earning revenue from professional services and licensed proprietary products.

Ownership category

akta.pro rank

Product category

Core Banking Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)

akta.pro secondary industry

Data Platform (Unified Data & Analytics) Suites (HDAEABAD)

Keywords

• Core banking solutions
• Banking software implementation
• Credit risk management
• Regulatory compliance software
• Payment gateway integration

Headquarters

HQ city

Lisbon

HQ country

Portugal

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Consulting Services: Implementation of Oracle solutions for the financial sector including core banking implementations, system evolution, and business process optimization. Covers core processes, credit, risk, trade finance, payments, digital channels, AML, regulatory reporting, compliance, and billing.
2. Software Development & Customization: Fully customized software solutions and development services. DBS has implemented numerous customizations to Oracle products for the financial sector to meet local market needs. Multiple frameworks including Flexcube, OBPM, OBDX accelerate implementation.
3. Proprietary Solutions Licensing: DBS's own solutions including DBS Core, DBS Credibox, DBS Collections, DBS Argus, DBS IFRS9, DBS IFRS16, and others are offered as licensed products to financial institutions.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Digital Banking Solutions (DBS) is an Oracle Gold Partner that implements and customizes the Oracle FLEXCUBE Universal Banking core for financial institutions, bundled with a proprietary portfolio of pre-built frameworks covering core banking, credit & risk, and compliance & reporting. It also licenses its own solutions (DBS Core data warehouse, DBS Credibox, DBS Collections, DBS Argus AML, DBS IFRS9/Horus, DBS IFRS16, DBS RR, DBS UTR, DBS Invoice, DBS Payments Gateway) and provides consulting and software development services delivered by teams across Portugal, India, and Brazil.

Product overview

Digital Banking Solutions offers a modular platform architecture built around Oracle FLEXCUBE as the core banking foundation. The portfolio comprises three interconnected solution suites: Core Banking (Flexcube Customisation, DBS Payments Gateway, DBS Core, DBS UTR, DBS Invoice), Credit & Risk (DBS Credibox, DBS Collections, DBS Partners Portal), and Compliance & Reporting (DBS Argus AML, DBS IFRS9/Horus, DBS IFRS16, DBS RR). The company also provides Consulting and Software Development services. DBS operates as an Oracle Gold Partner and serves clients across 7 countries with physical presence in Portugal, Brazil, Angola, and India.

Differentiator

Problem solved

Functional benefit

Products and services

• Flexcube Customisation Custom developments on the Oracle FLEXCUBE Universal Banking core that are consolidated into reusable frameworks, enabling banks to differentiate themselves, implement local payment subsystems, and respond to local regulatory requirements.
• DBS Payments Gateway Connectors and orchestrators for various payment subsystems that enable connectivity to national payment system players (SIBS, Unicre, Banco de Portugal) and other intermediary entities, supporting real-time operations and file transfer with easy core banking integration.
• DBS Core Advanced data warehouse solution built on SQL Server infrastructure enabling agnostic integration with any core banking system, optimizing financial data management with security, efficiency, and regulatory compliance, and integrated with a data lake for reduced storage costs.
• DBS UTR (Unified Transaction Reporting) Solution for monitoring and control of checks entering the bank via cash or clearing, including check justification management, communications to the Central Bank, and customer notifications; minimizes financial and operational risks.
• DBS Invoice Billing solution for financial services provided by banks, including management of the entire billing cycle, issuing certified invoices, and extracting SAF-T files.
• DBS Credibox Credit management solution with decision-making workflows and risk analysis covering the entire credit management cycle from customer contact through simulations, proposals, decision workflows to loan agreement; includes scoring, classification, and risk-adjusted pricing.
• DBS Collections Default management and credit recovery solution providing an integrated view of the customer and their credit portfolio, assets, and relationships, and implementing recovery strategies optimized based on customer profiles.
• DBS Partners Portal Solution for granting credit through bank partners, allowing banks to leverage partner business by decentralizing processes; includes external simulator and a portal for simulations, requests, and tracking of credit applications.
• DBS Argus AML Anti-money laundering and terrorist financing management and control solution with native integration of OFAC, EU, HMT, and FATF sanctions lists, including alert management, suspicious case investigation, and SAR report creation.
• DBS IFRS9 (Horus) Credit impairment management solution implementing the expected loss model per IFRS 9 requirements, automating ECL calculations, fair value calculations, and SPPI tests with modular architecture and high integration flexibility.
• DBS IFRS16 Lease accounting solution managing allocation or lease contracts with monthly calculation of lease liabilities and right-of-use assets, associated interest and amortization, and generation of accounting transactions.
• DBS RR (Regulatory Reporting) Regulatory reporting solution that takes a dataset, validates and structures it in the format required for submission to the regulator through a data extraction, validation, and transformation process.
• Consulting Services Implementation of Oracle solutions for the financial sector including core banking implementations, system evolution, and business process optimization, covering core processes, credit, risk, trade finance, payments, digital channels, AML, regulatory reporting, compliance, and billing.
• Software Development Services Fully customized software solutions and development services for the financial sector, with teams across Portugal, India, and Brazil implementing customizations to Oracle products including Flexcube, OBPM, and OBDX to meet local market needs.

Quantifiable outcome

• Speed of implementation through pre-built frameworks
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature12 records

Partnerships

One partnership is on record.

• OraclecoreTechnology or IntegrationDBS is an Oracle Gold Partner specializing in Oracle FLEXCUBE Universal Banking implementation. Through this partnership, Oracle and DBS offer technologically innovative solutions aligned with regulatory requirements. DBS implements the FLEXCUBE banking core, customizing it according to market best practices and client business requirements. The partnership enables DBS to offer solutions addressing local payment systems, regulatory reporting, and specific business requirements across geographies where they operate.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Thought Machine: Cloud-native core banking platform (Vault) used by tier-1 banks like Lloyds and Standard Chartered. Comparable as a structural competitor to FLEXCUBE-based deployment models that DBS services.
• Mambu: Cloud-native SaaS core banking platform challenging on-prem FLEXCUBE. Comparable because Mambu represents the architectural alternative to FLEXCUBE; banks choosing Mambu reduce the addressable market for DBS's customization services.

Broad incumbents

• Accenture: Largest global consulting firm with deep banking technology implementation capabilities across multiple core banking platforms. Comparable as a broad incumbent competing for the same enterprise banking transformation programs.
• Wipro: Global IT services firm with strong banking practice implementing core banking platforms including FLEXCUBE. Comparable because Wipro competes for the same enterprise banking technology engagements across regions.
• Capgemini: Global consulting and IT services firm with significant banking technology practice. Comparable as a broad incumbent competing for large-scale banking transformation engagements that DBS also targets.
• HCL Technologies: Global IT services firm with strong banking and financial services practice implementing core banking platforms. Comparable as a broad incumbent that competes for FLEXCUBE and adjacent banking implementation work.
• Tata Consultancy Services (TCS): Global IT services giant with a large banking and financial services practice that implements Oracle FLEXCUBE and other core banking platforms. Comparable because TCS competes for the same enterprise banking implementation mandates DBS targets, but at vastly greater scale.
• Oracle Financial Services Software: Vendor of FLEXCUBE Universal Banking — DBS's core platform dependency. Comparable because Oracle's own professional services arm competes for the same implementation and customization work that DBS monetizes.
• Cognizant: Global IT services company with a dedicated banking and financial services practice implementing core banking platforms. Comparable as a broad incumbent competing for similar enterprise mandates.
• Infosys: Large global IT services firm with deep banking practice and FLEXCUBE/Finacle implementation capabilities. Comparable because Infosys competes for the same Oracle-based core banking programs, particularly in EMEA and emerging markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/BankingDbs
• Facebookfacebook.com/digitalbankingsolutions
• LinkedInlinkedin.com/company/digitalbankingsolutions

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Digital Banking Solutions