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Financial institutions need to capitalize on growth, be it an increase in the number of customers, transactions, or the assets that they manage. Institutions that use legacy IT systems are handicapped by the costs and complexity of managing a maze of existing heterogeneous systems. Such institutions cannot consolidate data quickly enough to get a decisive edge. It takes them months, rather than days, to respond to the demands of the market or their customers.
Oracle has worked with global financial institutions to understand their business requirements and long term needs.
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