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Oracle Financial Services Profitability Management is a key differentiator for us in operational and strategic decision making. It is helping us to make more informed pricing and other related operational decisions that, ultimately, positively impacts our profitability and customer retention.
Akbank has benefitted from Oracle Financial Services Analytical Applications for many years. Oracle’s software has been a foundation for daily decision-making at the bank. The bank looked to take advantage of expanded industry-leading functionality of Oracle Financial Services Profitability Management.
Akbank is one of Turkey’s largest and most financially successful private banks. It has 771 branches and consolidated assets of more than US$65 billion. The bank consistently receives accolades for its performance, most recently being awarded Euromoney’s 2019 Best Digital Bank Award.
Loxon is a business solutions provider specialized on development and implementation of integrated lending, collection and risk management solutions for the financial services industry and is dedicated to serving banks and leasing companies with business software solutions covering the entire lending, collection and risk management lifecycle. Loxon has multiple years of experience in OFSAA, Data Warehouse, Business Intelligence and advanced analytical applications and is a long standing Oracle partner, since 2004 is one of the top 20 partners of Oracle in the EMEA region for the financial services industry. Our unique proposition is the strong business knowledge accumulated in various areas in a large number of projects in different countries, mainly with Tier 1 and Tier 2 Banks, combined with our deep expertise in OFSAA and Oracle technologies.