Faced with unprecedented disruption, continued regulation, compliance pressure, and changing customer dynamics, financial services companies must change the way they operate. Oracle is helping companies navigate this new landscape and enabling them to continue to deliver value to both their customers and key stakeholders.
New market dynamics, emerging digital-first competition, and ever-increasing regulation are driving financial services companies to reinvent themselves in fundamentally different ways. Oracle Financial Services provides the critical elements of this reinvention—digital, data, and an open platform— to enable faster implementation of digital and data capabilities across the business and drive outcomes from innovation investment. All at enterprise-grade scale, security, and availability, and with the power of Oracle’s technology platform.
Oracle helps banks simplify processes, innovate on demand, and drive predictive insight. Our solutions help banks bring new products to market faster, build customer-centric digital solutions, and achieve success through collaboration in an increasingly complex financial ecosystem.
Engage a new generation of consumers, deploy new products, expand into new lines, and increase operational efficiency with modern, flexible, rules-based applications for life, group, and health insurers.
Oracle’s unified data foundation, platform, and applications for integrated risk, performance, customer insight, compliance and reporting provide full management and regulatory reporting and enable iterative adoption, while delivering immediate benefits.
Amy Brady, CIO and EVP, KeyBank, discusses the bank’s transformational journey towards building a true digital innovation platform.
One of the changes we are seeing is the speed of turnaround. The feedback we are getting from customers is that it’s taking half the time on the Oracle system. Also, previously it took us four to six weeks to change a product feature. Now it takes us only a few hours.Jeff Greenslade, CEO, Heartland Bank
“When we saw the Oracle strategy and data model, we realized that we could spend another three to five years building it ourselves or we could partner with Oracle and instead spend time getting the right things in it to build our business.”David Cole, Senior Vice President, Regions Bank
With the Oracle solution, we have all the information and we can perform online evaluations applying all the required business rules.Marcelo Gonzales, Project Director, Fonasa
Oracle teamed with MIT Technology Review to examine the pace of the global adoption of open banking, the part regulation, part technology innovation and customer-centric phenomenon that is poised to change banking forever.
Oracle worked with Celent to identify how machine learning and artificial intelligence are driving a new era in antimoney-laundering compliance.
Find out why Oracle was named a leader in the 2018 Gartner Magic Quadrant for Life Insurance Policy Administration Systems, North America.