“Know me, empower me, wow me. These simple statements summarize the mindset of today's banking and insurance customers and define the 'customer in' approach that banks need to take in order to compete and win.”
“What this transformation is doing is giving us the capability to really, truly look at enterprise risk across all risks, across all business lines.”
“Technology is critical for UBank. It's the heart of all we do. We chose Oracle as a partner some three years ago to help us build UBank, and we've implemented the entire Oracle stack.”
“With Oracle, we're achieving 90 to 92% auto-adjudication. That means we don't need humans to touch those claims and means those claims are processed more accurately, and that's critically important to the member.”
“We brought rate changes and new products to market faster. Business analysts could do the work in a shorter time; we’re able to get premium benefits more quickly and reduce expenses.”
Operational Risk and Regulation names Oracle the 2014 Software Provider of the Year.
Learn more in CEB Towergroup's "Online Banking Solutions Technology Analysis Abstract."
Oracle placed in the 'Leaders' quadrant in the Ability to Execute category.