Retail Banking

WHY ORACLE

ONLY ORACLE DELIVERS THIS KEY FUNCTIONALITY

Oracle helps large and growing retail banks meet the challenges of handling higher volumes, intense competition, increased customer expectations, and reduced margins—by equipping them with solutions to extend their customer reach, improve profitability, and increase levels of service.

Additionally, Oracle helps banks comply with regulatory requirements, including Anti Money Laundering (AML), BASEL II, and SOX, among others.

With solutions based on a highly flexible and scalable service-oriented architecture (SOA), Oracle helps banks reduce technology and operational costs, co-exist with existing legacy systems, and "future proof" their prior technology investments.

  • Capability to create new products rapidly
  • Easy integration with legacy back-office systems
  • Support for multiple delivery channels
  • Improved customer service with higher cross-sell rates
  • Real-time processing and centralized maintenance
  • Reduced operating costs
  • Efficient business intelligence, decision support, and reporting facility

KEY OFFERINGS FOR RETAIL BANKING

ONLY ORACLE OFFERS SIGNIFICANT BENEFITS

Business Drivers Oracle Enables You to With These Products
Improve Customer Service
  • Provide customer-centric sales and service across channels
  • Cross-sell and up-sell products, based on real time customer intelligence
  • Understand changing customer needs
Stay Ahead of the Competition and Reduce Operating Costs
  • Introduce new products rapidly
  • Reach out to customers over diverse channels
  • Improve customer retention
  • Address the unique needs of niche segments
  • Improve decision-making
Address Regulatory Requirements
  • Comply with multiple regulations
  • Understand your current risk exposure, and quickly and comprehensively evaluate credit risk, market risk, and operational risk
  • Mitigate risk with multi-jurisdictional regulatory compliance capabilities
Transform Processes and Standardize and Leverage Industry Best Practices
  • Move beyond limitations imposed by technology.
  • Redesign processes quickly and efficiently
  • Optimize, measure, and audit enterprise-wide processes
  • Bring about greater transparency in processes, policies, and workflows