The economic downturn and the more recent recovery has put pressure on banks, financial institutions, and really, every company's finance department to meet new regulations, minimize risk and find more efficient methods of handling data demands. Here, learn from Oracle experts and customers about the new financial services solutions Oracle provides, including information about its most recent releases.
“Globally Oracle Exadata Database Machine is rapidly becoming the foundation technology for banks and other large enterprises. Now [Banco] Santander is also taking advantage of this system that delivers faster, cheaper and better results.” —Marcos Pupo, vice president, sales, Oracle Brazil
“Volatile markets, weak customer demand, and heightened regulatory scrutiny require financial services firms to flawlessly manage project portfolios to minimize risk. Those that identify failure early in the project development process and respond to problems as they arise can invest in higher-risk initiatives without threatening their bottom lines or their reputations.” —from the Enterprise Project Portfolio Management edition of Oracle's newsletters
“Banks can use Oracle Reveleus Liquidity Risk Management to identify liquidity risk under various scenarios, ranging from business-as-usual to stressed business conditions. Aiding this effort is a comprehensive set of prebuilt reports and dashboards covering all aspects of liquidity risk management, including such emerging regulatory requirements as individual liquidity adequacy assessment standards of the Financial Services Authority, principles for sound liquidity risk management, and supervision of the bank for international settlements.” —from Oracle's Financial Services newsletter
“With Oracle’s PeopleSoft Enterprise Financials and Supply Chain Management (FSCM) 9.1 Feature Pack 2011, we are able to help customers increase employee productivity, improve period close processing and further automate compliance and financial controls. Delivering this additional functionality between major releases extends the value customers can get from PeopleSoft applications” —Paco Aubrejuan, Oracle’s group vice president and general manager of PeopleSoft Enterprise