Oracle works with key independent software vendors such as Fiserv, Fidelity Information Services, FNS, System Access

, Infosys, i-flex, Temenos, SunGard, Pegasystems, and Unisys.

Oracle Solutions for Financial Services
“If there are two areas of the business that can generate the same profit but one does so with less risk, then that’s obviously the more lucrative place to invest your resources. Oracle’s risk-adjusted performance management (RAPM) allows us to consistently apply that simple but essential principle to all performance measurements across our entire business.”
–MICHAEL BARAK Senior Vice President of Profitability and Economic Capital Union Bank of California

For the financial services professional, the world today is a very different place. Institutions have evolved from domestic to global; services are available 24/7 across a range of delivery channels; consolidation has created intensified competition; and declining margins, reduced budgets, and an increased demand for customer service bring new pressures daily. To add to these challenges, financial services organizations must continue to comply with myriad new regulations resulting from corporate scandals, security and terrorist threats, identity fraud, and competition from non-banks. In this new world, the traditional approach of solving problems on a piecemeal basis with standalone solutions no longer works. The resulting fragmented, redundant data makes it impossible to get a real-time, accurate view of your enterprise, operations, and customers—and limits your ability to respond quickly to new opportunities. Oracle offers the industry’s only complete, integrated solutions for the financial services industry—consisting of Oracle E-Business Suite and industry-leading independent software vendor (ISV) applications running on high-performing, scalable Oracle technology—to deliver integrated, consolidated, and consistent data across your institution. Whether used in an Oracle-only environment or integrated with other vendor applications and legacy systems, Oracle solutions help you improve enterprise performance, comply with regulatory mandates, boost operational efficiency, and better serve your customers. Industry Challenge: Improve Enterprise Performance In many organizations, information on finances, assets, human resources, sales, and marketing still resides in disconnected data “silos”—leaving decision-makers without timely, concise, or actionable information that they can use to improve enterprise performance. Financial institutions have those challenges, and yet must analyze and manage risk across their business and opertions. To do this effectively, they must understand costs and profitability, which feed into a risk-adjusted performance management (RAPM) approach. Much of the data consists of redundant customer information, making it difficult to determine the most profitable customers and the products and services they favor. You need a single, consistent view of customers, integrated with a real-time view of the enterprise—an executive dashboard—so you can relate all aspects of your organizational performance at a single glance. This dashboard should include detailed information on critical parameters, such as risk, costs, profitability, operations, customers, and capital assets, updated daily and offering alerts when thresholds are met and corrective actions are necessary to maintain efficient operations. Oracle Solution: Get a Single, Global View of Your Business A real-time enterprise dashboard requires consolidated data that resides in as few databases as possible. Oracle applications are pre-integrated and built on the Oracle technology stack, to draw from a single source of consolidated enterprise information. Oracle Database and Oracle Application Server are key components of this integrated infrastructure that can improve scalability, performance, reliability, and interoperability.

“Performance management is something that has to constantly evolve as your business evolves. Oracle’s platform allows us to quickly modify rules and add fields to tables so that we can be very responsive to change.”
– ELIZABETH GIBSON Senior Vice President and Director of Profitability Wachovia

and the lack of a single data source. Oracle Database 10g is the 10g industry’s first database designed specifically for grid computing. Typically. as well as stovepipe. Industry Challenge: Paper-Based Processes Imaging and archival are vital to operational efficiency and the creation of up-to-date services such as online check viewing. This requires integrated. Oracle Solution: Consolidate Business Data Effective multichannel communication relies on consolidating data into a single database from which applications can draw accurate and consistent information. thus insuring that all channels have consistent or call +1. Oracle solutions are ideal for very large quantities of structured and unstructured data. And you can easily adapt to future regulation or accommodate integration with specific applications to further streamline your compliance processes. regardless of its form. such as online banking. Moreover. financial management. meeting new compliance and reporting requirements is time-consuming and costly. Data management and compliance with Basel II guidelines can be simplified through consolidation of the analytical data. financial institutions need to draw upon consistent and updated customer information across many points of customer interaction. Other names may be trademarks of their respective owners. hundreds of departmental databases. and Oracle Internal Controls Manager help you comply with SarbanesOxley and Basel II by creating a single integrated repository for calculating ratios. All rights reserved. 04. Industry Challenge: Know More about Your Customers Building customer relationships based on personalized service can be a true competitive advantage—allowing you to identify your most profitable customers and offer them products and services they are likely to accept—and a true integration challenge. In addition. CONTACT US Visit oracle. They also streamline the reporting process. ATMs. Often. Oracle General Ledger. Because they are built on the Oracle database and are preintegrated to share consistent data. Financial institutions around the globe are working to meeting the 2007 date set by the Bank for International Settlement (BIS) to implement modeling. Industry Challenge: Branch Automation To operate efficiently. and provides a vital 360degree view of the customer. points-of-sale. because reports are based on a consistent data source that’s up-to-date and accurate. Oracle Regulatory Capital Manager. a significant hurdle to successful customer data automation. and performance management solutions with its Oracle E-Business Suite. and tracking and analyzing operational risk. it also requires the extensive revamp of existing systems. and reporting on capital adequacy monitoring.0498 C14520-01 Copyright © 2004 Oracle. and research costs. to learn more. Moving to a paperless institution. simplifying the task facing companies that wish to switch from a mainframe to a distributed computing model.Industry Challenge: Regulatory Requirements Financial services institutions continue to be pressured to comply with complex and ever-changing regulations. you can create a single place for customer information. or branch offices. . and manage. administration. and faster retrieval time. Oracle Solution: Streamline Tracking and Reporting The unique combination of industry-leading applications and Oracle database technology aids in regulatory compliance. Oracle Customer Data Hub is a total-solution approach that solves issues of inconsistent and fragmented customer data. Oracle Financials. implement. But with fragmented data. along with financial services applications from leading ISVs— all integrated through Oracle Database and Oracle Application Server. organizations are finding that their CRM systems don’t integrate with other systems to help provide a vital single view of the customer. Oraclebased solutions are easier to integrate. dramatically reduced storage. Oracle Solution: Transition to Electronic Imaging and Archiving Oracle Database with the interMedia option and support for XML offers lower image loss. information systems that are not consolidated make it difficult to ensure the accuracy of reporting. accurate enterprise data as well as streamlined business processes.800. requires significant data capacity and sophisticated data/image manipulation capabilities that are integrated into existing applications and accessible across the enterprise. Using Oracle’s Customer Data Hub.ORACLE1. making it possible to consolidate and streamline the enormous quantity of information residing in financial institution databases. Oracle Solution: Get a 360-Degree Customer View Oracle offers a unique combination of CRM. Oracle is a registered trademark of Oracle Corporation and/or its affiliates. analysis. however. non-integrated applications. management. monitoring regulated financial activities.

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