IBDAA improves compliance and visibility with Oracle Solutions
IBDAA gained a better understanding of Oracle licensing, ensuring compliance with Oracle agreements as well as optimizing use of their licenses.
Lebanon | Commercial Banking and Credit Services
“The process was very professional and comprehensive. The Oracle representatives were patient and supportive and gave us the time we needed. It was clear Oracle wasn’t just there to make sure we were obeying the rules, they were there to help us.”
As a financial institution under the governance of the Central Bank of Lebanon, IBDAA has significant security and compliance requirements. IBDAA needed to first understand the terms of their software licensing requirements and ensure full compliance. Next, it needed to optimize usage of their current solutions to ensure that the company was getting the most from their investments. In addition, IBDAA wanted to better understand additional solutions that could potentially contribute to future success.
Why IBDAA chose Oracle
Oracle contacted IBDAA to conduct a license review in October 2019. IBDAA relied on Oracle License Management Services to provide a full audit of their licenses to ensure that the company was compliant with terms and conditions and to evaluate whether the company was getting the most out of their Oracle products.
Results
Following a comprehensive review, Oracle License Management Services determined that IBDAA was operating in accordance with the terms and conditions of their Oracle agreements. The Oracle team also provided IBDAA with a clear view of the company’s Oracle product usage. For example, IBDAA had purchased several licenses for Oracle Database Enterprise Edition, but during the audit determined that those licenses were not being used. IBDAA now has a full view and control of their license ownership and a better knowledge of complex licensing rules.
Going forward, IBDAA will be able to continue to monitor their use of Oracle products. This challenge is made easier because IBDAA now knows the environment better and understands the licensing rules that apply to their Oracle solutions.