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Press Release

Oracle Demonstrates the Power of Digital Ecosystem at SIBOS 2019

Oracle for Startups, Oracle Financial Services and Fintechs collaborate to bring the power of Fintech Ecosystems to Corporate Banking

LONDON —September 23, 2019


As the financial services landscape continues to evolve and consumer expectations rise, banks must collaborate with fintechs to deliver the best solutions for customers. This week at Sibos, Oracle will feature 10 enterprise-ready fintechs that are leveraging Oracle Cloud technology and Oracle Banking APIs to improve security, reliability, data privacy and regulatory compliance for banking.

Sibos will highlight how the corporate banking and payments value chain is no longer a bilateral flow between bank and corporate customers but an ecosystem that is driven by technology leaders and innovators who are driving change and new efficiencies. Together with Oracle, the fintechs being showcased at Sibos solve core financial services challenges in areas such as cognitive banking, real-time trade reporting, autonomous finance, investment banking, hyper-personalized customer loyalty platforms, open SME banking, wealth management and more. Each fintech is part of Oracle for Startups, a unique acceleration program that enables mutually beneficial business-building partnerships for startups and customers.

Today, corporate banks are facing the full impact of digital disruption and are under significant pressure to act. They are streamlining processes, working across time zones, currencies and channels to differentiate themselves in a click and consume world. This fintech ecosystem can truly help corporate banks leverage new technologies and platforms to improve operations and better serve customers.

With its fintech collaborators, Oracle’s solutions are designed to help corporate banks rethink these very processes, co-create innovative products, and provide an experience that is simple and seamless for their customers. Oracle has made significant investments in four major areas: Cash and Liquidity Management, Credit and Lending, Trade Finance and Payments. It has solutions in these four areas to help banks achieve smarter operations, greater connectivity, and faster delivery of innovative products.


Contact Info
Judi Palmer
Oracle
+1 650 784 7901
judi.palmer@oracle.com
Katie McCracken
CMG
+ 44(0) 207 861 0736
KMcCracken@cmgrp.com
Oracle Financial Services

Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities and healthcare payers. With our comprehensive set of integrated digital and data platforms, banks and insurers are empowered to deliver next generation financial services. We enable customer-centric transformation, support collaborative innovation and drive efficiency. Our data and analytical platforms help financial institutions drive customer insight, integrated risk and finance, fight financial crime and comply with regulations. To learn more visit our website.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.


Talk to a Press Contact

Judi Palmer

  • +1 650 784 7901

Katie McCracken

  • + 44(0) 207 861 0736