Peoplesoft HCM 9.0 Integration with Oracle R12 through Integration Broker

We are having the two latest application at our site.
1 Peoplesoft HCM 9.0 for HR + Payroll
2 Oracle R12 for remaining business process like SCM + CRM
Now we have an requirement to transfer data between peoplesoft and oracle finacial.
presently we have written the interfaces to transfer data between these systems.
Can anyone suggest me that is it possible to transfer data between these two systems through Integration Broker ?
your suggestions are welcome.
Thanks
Parth

Thanks HakanBiroglu for the response.
I went through the post. I am aware of these steps.
But I need help on point 2.
2.There should be single sign on setup between these DB's
How to achieve this ?

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