Oracle Capabilities

zeyadsweidan · 4th July 2008, 05:41 PM

I am interested to know more about people's experience with Oracle products to provide a BI solution (whether the database features including OWB or the BI Enterprise Edition).
Any recent experience to share?

Doug Heywood · 4th July 2008, 07:46 PM

Quote:

Originally Posted by zeyadsweidan

I am interested to know more about people's experience with Oracle products to provide a BI solution (whether the database features including OWB or the BI Enterprise Edition).
Any recent experience to share?

I like the Oracle database in data warehousing and have successfully developed using 8i, 9i and 10G.

I looked at OWB a couple of years ago but its manual SQL scripting approach is not as efficient as tools like Informatica and DataStage.

This may have changed with the later releases of Oracle BI Suite Enterprise Edition.

Anyone have another experience?

Doug

Doug Heywood · 6th August 2008, 07:36 PM

From The Australian IT: Optus overhaul misses deadline

Fran Foo | August 05, 2008

IT has been a torrid three weeks for the nation's second-largest telecommunications provider, Optus, and there's worse in store.

Following a series of network bungles, Optus has failed to meet a landmark deadline in its $160 million technology transformation overhaul.

The final leg of Project Reitz, the telco's ambitious program to consolidate its billing and customer relationship management systems, has stalled, as it has yet to finalise selection of software and systems integration suppliers to complete the project.

Optus had a self-imposed target of mid-July for the selection. The last stage of the project covers its business, wholesale and hybrid fibre coaxial residential networks. An Optus spokesperson could not nominate a new date.

"This is a complex project with many elements, therefore we are taking our time to make sure we get it right," the spokesperson said.

Accenture is currently the telco's main systems integrator and software from Oracle and its subsidiary Siebel are widely used throughout the company.

In the mix is software from Optus parent company Singapore Telecommunications.

Project Reitz is aimed at reducing myriad legacy systems as the telco moves towards a self-service model so customers can manage their subscriptions themselves.

"Like all the large IT operations companies we are looking to reduce the number of systems and we will try quite hard to use what we have.

"We are certainly looking for systems integration partners, as that has worked well for us," said Lawrie Turner, Optus's chief information officer in an interview with The Australian in mid-June.

In May 2006 Optus pledged $100 million towards the project but at its recent full-year results briefing Optus chief executive Paul O'Sullivan said Project Reitz had cost $160 million as of March 31. It was unclear how much the next stage would cost. The total could be as high as $260 million, industry observers said, and completion could take until 2010.

The project is named after Bruce Reitz, who performed the first successful heart-lung transplant in the early 1980s, and Optus has its own triple bypass tale. It began on July 14 when subscribers in Queensland and northern NSW were left without phone, mobile or internet services for more than four hours.

Two incidents merged to create the ensuing blackout: a contractor operating a backhoe on a building site at Molendinar on the Gold Coast accidentally severed a fibre optic cable. A back-up link should have kicked in but the telco's Stanthorpe point of presence had a hardware failure.

The state's peak industry body for business, Commerce Queensland, estimates that compensation claims could run into millions of dollars.

The outage drew the ire of Queensland Premier Anna Bligh, who expressed her dissatisfaction with federal Communications Minister Stephen Conroy.

Then, a little more than two weeks later, Optus experienced a second body blow when its 3G mobile network on the eastern seaboard was crippled.

Subscribers were unable to make or receive calls and internet access was disabled for more than eight hours.

To compound matters, Optus technical support personnel were providing wrong information to customers on how to overcome the issue. Instead of advising them to manually switch their mobile phones to GSM mode, users were told to keep turn their handsets on and off every second hour.

admin · 11th June 2009, 12:32 PM

The new oracle EPM TV site (take a look at it here) includes a document containing many 'mini' case studies including the following from ANZ:

Crane Group (Industrial Manufacturing, Australia)
Fonterra Co-operative Group (Consumer Products, New Zealand)
Foster’s Group Limited (Consumer Products, Australia)
Pacific Brands (Consumer Products, Australia)
Yarra Valley Water (Utilities,Australia)

JohnG · 21st August 2009, 11:46 AM

Oracle looks to planning apps for next billions

The vendor sees megamoney in the world of project planning software

Chris Kanaracus (IDG News Service) 18 August, 2009 06:46:00

Oracle is devoting two full days and 70 sessions at the upcoming OpenWorld conference to its Primavera PPM (project portfolio management) software, which is used to track and manage the torrent of people, assets, timelines and expenses associated with projects and services engagements.

It's no accident that Oracle has decided to give such a high-profile showcase to Primavera, which it acquired last year.

While PPM software may not be sexy, demand for it is growing explosively. Forrester Research expects what it defines as the "project based solutions" market to reach US$6.5 billion by 2010, up from $4.25 billion in 2007.

That growth is being fueled by a number of factors, such as the general march toward service-based economies around the world, according to a report by Forrester analyst Ray Wang.

Second, many companies invested in PPM applications around the year 2000, and are now looking to replace the systems as they become outdated, Wang wrote.

In addition, vendors' products have created highly specialized products for various industries, presenting a choice for customers who instead were forced to customize other software tools to fit their requirements.

Oracle, which declined a request for comment on its plans, competes with many other established PPM products from CA, Compuware, Planview and other companies.

But Primavera was a long-standing and major independent player in the space. It has 76,000 customers and its software is used to manage projects with a estimated value of $6 trillion, according to Oracle.

Oracle's purchase of Primavera made sense for a number of reasons, such as the fact that Oracle's own Projects software is often used for cost management on large construction projects that employ Primavera's software for scheduling, according to a research note by Gartner analyst Matt Light.

The acquisition therefore means less need for Oracle to support rival products like Microsoft Project for project scheduling capabilities, Light said.

Oracle also gained fresh inroads into the installed base of its bitter rival SAP, where Primavera has many customers.

While it's not publicly known what Oracle paid for the privately held company, various estimates pegged Primavera's annual revenue at about $200 million, and Oracle is no doubt hoping to increase that number substantially.

At OpenWorld, the company will likely give customers a long-term Primavera product road map and also offer a sense of how it plans to weave the technology into its wide range of financial, human resources, BI (business intelligence) and PLM (product lifecycle management) applications, said 451 Group analyst China Martens via e-mail.

"The ultimate goal is to make PPM use more widespread, not limited to a group or department, but fully deployed as a enterprise app to track projects from start to finish with input from and visibility into useful information held in other apps," she said.

Oracle could also stand to sell more PPM licenses as infrastructure projects funded by government stimulus money begin to ramp up later this year and next.

One thing that remains to be seen is how Primavera's technology will work alongside the project management software Oracle is developing as part of its next-generation Fusion Applications, which are nearing an initial release after years of development.

Overall, though, Oracle should have some success spreading the use of PPM, according to another observer.

"There's a huge audience that hasn't really taken advantage of enterprise [wide] PPM," said Forrester analyst Margo Visitacion. "This is just an incredibly easy upsell for Oracle to do."

admin2 · 3rd September 2009, 01:00 PM

Oracle Unveils 11g Database, R2

Release 2 of Oracle's flagship database seeks to consolidate departmental, smaller systems on a data center grid.
By Charles Babc ock
InformationWeek
September 2, 2009 08:57 AM

Oracle announced Tuesday that the second release of its Oracle 11g database system is available for download. The new release adds dozens of grid-oriented features and improves performance, the company said.

Mark Townsend, VP of database product management said in an interview that Release 2 "is a good consolidation platform. You can move smaller department databases onto the data center grid" and let one Oracle system replace several smaller systems, some of which are likely to be Microsoft's SQL Server.

Companies team to develop computing device and chipset architectures that will combine the performance of powerful computers with high-bandwidth mobile broadband communications and ubiquitous Internet connectivity.
By grid, Oracle means users should run its flagship product on a cluster of Intel or AMD-based servers and move away from more expensive, high end servers, where Oracle typically runs under Unix. Oracle cluster management software, Real Application Cluster, manages the grid for running databases and applications. RAC by definition is designed to run on multiple servers, but Oracle with Release 2 is offering an option to run it on a single server, called RAC One Node, where multiple databases on consolidated on the node and gain redundancy and high availability through the RAC One Node software.
In Release 2, Oracle has improved data compression and partitioning data to storage, allowing more granular assignment of data to lower cost storage. Both measures cut overall storage costs, Townsend said.

In addition, Release 2 can invoke Automatic Storage Management procedures used with data for the Oracle databases' own binary files, the code that makes it run in production. By using ASM procedures, the database itself requires less high priced storage to keep itself running, Townsend said.

Another grid feature is Release 2's ability to load data into the memory of multiple servers, and then execute high speed queries against it there. "Grid machines tend to have a lot memory. We can load a terabyte of data into memory" and treat it as a shared pool across multiple servers, he said. The feature is most likely to be utilitized in data warehousing operations, he added.

This release of 11g also allows a customer's database applications to be upgraded without taking the database system offline. This feature eliminates the need for a separate upgrade environment. As the upgraded application comes on line, it is guided to a redefined version of its database tables, and the old editions are then deleted, Townsend explained.

The system includes updated versions of automated, online technical support, such as DBA Productivity Advisor and High Availability Advisor, which provide wizard-like question and answer sessions with the DBA and make changes to the underlying system based on the responses.

admin · 24th September 2009, 01:21 PM

Oracle Announces New Financial Services Analytical Applications for Enterprise Performance Management
Oracle’s Financial Services Enterprise Performance Management Applications Enable Financial Institutions to Manage Enterprise-Level, Risk-Adjusted Performance and Threats to Liquidity and Capital Adequacy

Oracle Global Financial Services Leadership Summit, HONG KONG – September 11, 2009

Demonstrating its commitment to help financial services institutions grow profitably and optimize risk-adjusted performance, Oracle today announced a comprehensive and integrated suite of financial services analytical applications for enterprise performance management (EPM).

Now more than ever, financial institutions and regulators are focused on the need to measure and meet performance objectives adjusted for risk, price products to reflect their true risk, and better understand how performance is impacted by threats to liquidity and capital adequacy.

This Oracle Financial Services analytical applications EPM suite builds on Oracle’s vast experience in supporting many of the world’s most demanding, high-volume and high performance financial institutions over the last decade.

It is based on the merged capabilities of Oracle Financial Services Applications (OFSA), Oracle’s Hyperion, PeopleSoft EPM, and Oracle Reveleus applications. Oracle worked with a 17-member customer advisory board on every step of the design process.

The applications are all built on the same financial services data model and applications architecture as the Oracle Reveleus suite of enterprise risk management applications, making it easier for customers to add additional applications with only marginal incremental investments.

With the release, Oracle is now uniquely positioned to help financial institutions seeking to actively incorporate risk into decision-making, and define and manage plans crossing risk and performance management using best practice processes and techniques.

New Oracle Financial Services Analytical Applications for EPM
Oracle Financial Services Profitability Management - helps financial institutions to calculate the profitability of products, channels, segments, and individual customer relationships on a risk-adjusted basis by enabling them to perform complex allocations of operating costs, net interest, capital and other components to the underlying transactions and balances.
Oracle Financial Services Funds Transfer Pricing - enables banks to determine the account level spread earned on assets and liabilities, and the spread earned as a result of interest rate exposure. The application supports a comprehensive range of transfer pricing methodologies that are based on industry best practices in order to help calculate accurate results at the lowest available level of detail.

Oracle Financial Services Pricing Management, Transfer Pricing Component - provides real-time transfer rates to support pricing loan transactions that reflect immediate market conditions. Its risk-based pricing methodologies use the transfer pricing methodology and prepayment assumptions found in Oracle Financial Services Funds Transfer Pricing, and include all elements of the profit and loss for an account.
Oracle Financial Services Asset Liability Management - helps financial services institutions manage and monitor interest rate risk, liquidity risk, foreign currency risk and earnings risk. The application models every loan, deposit, investment, and portfolio individually, to help institutions better understand the risks they have assumed and their sensitivity to economic conditions.

Supporting Quotes

“In today’s environment, it is critical that financial institutions be able to perform a cross-functional analysis of the traditional areas of management reporting that includes both risk and performance measures,” said Don Russo, Senior Vice President, Oracle Financial Services Global Business Unit. “The Oracle Financial Services analytical applications EPM suite enables institutions to break down the organizational silos that exist today between the risk and finance functions in order to help maximize profitability and achieve management excellence.”

“Market conditions are demanding that financial institutions have access to the information needed to make proper decisions that align with business strategy and factor in risk,” said S. Ramakrishnan, CEO of Oracle Reveleus and Oracle Mantas products, Oracle Financial Services Software. “Oracle Financial Services analytical applications combine the best-of-breed functionality across our product lines to create a single, integrated financial platform across risk and finance, spanning key areas including: governance, risk and compliance; enterprise risk management; enterprise performance management and customer insight.”

"Stresses and strains on financial applications, coupled with an imperative to manage and report risk at an enterprise level, have led many institutions to consider implementing an architectural approach to financial data management," according to Kathleen Khirallah, Lead Analyst for Tower Group's Retail Banking research and advisory service. "Adopting such an approach begins with the acknowledgment that financial data is the lifeblood of the organization and must be leverageable across the bank. An architectural approach can make data from the financial applications more readily accessible to multiple users within finance and risk management."

“The new Oracle Financial Services analytical applications for EPM clearly advance the state of the art,” said Mike Pugliese, Partner and Leader for Capco’s Finance, Risk & Compliance group. “Oracle is on the leading edge of data convergence and transparency. By integrating the suite onto a common data model and applications architecture that is shared by the Reveleus suite of enterprise risk management applications, our joint customers are now able to produce the integrated risk adjusted performance metrics that have been elusive to date.”

Supporting Resources

Oracle Innovation Showcase: New Oracle Financial Services Analytical Applications Enable Banks to Integrate Risk and Performance Management
Driving Management Excellence in Financial Services
Follow Oracle Financial Services on Twitter
Join the Oracle Financial Services Community on Facebook
Oracle in Financial Services

Oracle Innovation Showcase

For more than 32 years, Oracle has been a technology innovator, transforming the way business is conducted. To learn about Oracle’s latest technologies, visit the Innovation Showcase during the 100 days before Oracle OpenWorld. See oracle.com/innovation for more information.

About Oracle Financial Services Analytical Applications
Oracle Financial Services Analytical Applications are a complete and fully integrated portfolio of analytical solutions covering enterprise risk, performance management, regulatory compliance and customer insight. They are built upon a shared analytical infrastructure consisting of a unified financial services data model, shared analytical computations and the industry-leading Oracle Business Intelligence platform. For more information visit Oracle Financial Services Analytical Applications.

About Oracle
Oracle (NASDAQ: ORCL) is the world's largest business software company. For more information about Oracle, please visit our Web site at Oracle 11g, Siebel, PeopleSoft | Oracle, The World's Largest Business Software Company.

4th July 2008, 05:41 PM	#1
zeyadsweidan Member Join Date: Jun 2008 Posts: 9	Oracle Capabilities I am interested to know more about people's experience with Oracle products to provide a BI solution (whether the database features including OWB or the BI Enterprise Edition). Any recent experience to share?

6th August 2008, 07:36 PM	#3
Doug Heywood Guru Join Date: Oct 2007 Posts: 101	Optus Problems From The Australian IT: Optus overhaul misses deadline Fran Foo \| August 05, 2008 IT has been a torrid three weeks for the nation's second-largest telecommunications provider, Optus, and there's worse in store. Following a series of network bungles, Optus has failed to meet a landmark deadline in its $160 million technology transformation overhaul. The final leg of Project Reitz, the telco's ambitious program to consolidate its billing and customer relationship management systems, has stalled, as it has yet to finalise selection of software and systems integration suppliers to complete the project. Optus had a self-imposed target of mid-July for the selection. The last stage of the project covers its business, wholesale and hybrid fibre coaxial residential networks. An Optus spokesperson could not nominate a new date. "This is a complex project with many elements, therefore we are taking our time to make sure we get it right," the spokesperson said. Accenture is currently the telco's main systems integrator and software from Oracle and its subsidiary Siebel are widely used throughout the company. In the mix is software from Optus parent company Singapore Telecommunications. Project Reitz is aimed at reducing myriad legacy systems as the telco moves towards a self-service model so customers can manage their subscriptions themselves. "Like all the large IT operations companies we are looking to reduce the number of systems and we will try quite hard to use what we have. "We are certainly looking for systems integration partners, as that has worked well for us," said Lawrie Turner, Optus's chief information officer in an interview with The Australian in mid-June. In May 2006 Optus pledged $100 million towards the project but at its recent full-year results briefing Optus chief executive Paul O'Sullivan said Project Reitz had cost $160 million as of March 31. It was unclear how much the next stage would cost. The total could be as high as $260 million, industry observers said, and completion could take until 2010. The project is named after Bruce Reitz, who performed the first successful heart-lung transplant in the early 1980s, and Optus has its own triple bypass tale. It began on July 14 when subscribers in Queensland and northern NSW were left without phone, mobile or internet services for more than four hours. Two incidents merged to create the ensuing blackout: a contractor operating a backhoe on a building site at Molendinar on the Gold Coast accidentally severed a fibre optic cable. A back-up link should have kicked in but the telco's Stanthorpe point of presence had a hardware failure. The state's peak industry body for business, Commerce Queensland, estimates that compensation claims could run into millions of dollars. The outage drew the ire of Queensland Premier Anna Bligh, who expressed her dissatisfaction with federal Communications Minister Stephen Conroy. Then, a little more than two weeks later, Optus experienced a second body blow when its 3G mobile network on the eastern seaboard was crippled. Subscribers were unable to make or receive calls and internet access was disabled for more than eight hours. To compound matters, Optus technical support personnel were providing wrong information to customers on how to overcome the issue. Instead of advising them to manually switch their mobile phones to GSM mode, users were told to keep turn their handsets on and off every second hour. __________________ Doug - Wetware Businessman Intelligence Expert

21st August 2009, 11:46 AM	#5
JohnG Member Join Date: Oct 2008 Posts: 30	Oracle Pushes Primavera Oracle looks to planning apps for next billions The vendor sees megamoney in the world of project planning software Chris Kanaracus (IDG News Service) 18 August, 2009 06:46:00 Oracle is devoting two full days and 70 sessions at the upcoming OpenWorld conference to its Primavera PPM (project portfolio management) software, which is used to track and manage the torrent of people, assets, timelines and expenses associated with projects and services engagements. It's no accident that Oracle has decided to give such a high-profile showcase to Primavera, which it acquired last year. While PPM software may not be sexy, demand for it is growing explosively. Forrester Research expects what it defines as the "project based solutions" market to reach US$6.5 billion by 2010, up from $4.25 billion in 2007. That growth is being fueled by a number of factors, such as the general march toward service-based economies around the world, according to a report by Forrester analyst Ray Wang. Second, many companies invested in PPM applications around the year 2000, and are now looking to replace the systems as they become outdated, Wang wrote. In addition, vendors' products have created highly specialized products for various industries, presenting a choice for customers who instead were forced to customize other software tools to fit their requirements. Oracle, which declined a request for comment on its plans, competes with many other established PPM products from CA, Compuware, Planview and other companies. But Primavera was a long-standing and major independent player in the space. It has 76,000 customers and its software is used to manage projects with a estimated value of $6 trillion, according to Oracle. Oracle's purchase of Primavera made sense for a number of reasons, such as the fact that Oracle's own Projects software is often used for cost management on large construction projects that employ Primavera's software for scheduling, according to a research note by Gartner analyst Matt Light. The acquisition therefore means less need for Oracle to support rival products like Microsoft Project for project scheduling capabilities, Light said. Oracle also gained fresh inroads into the installed base of its bitter rival SAP, where Primavera has many customers. While it's not publicly known what Oracle paid for the privately held company, various estimates pegged Primavera's annual revenue at about $200 million, and Oracle is no doubt hoping to increase that number substantially. At OpenWorld, the company will likely give customers a long-term Primavera product road map and also offer a sense of how it plans to weave the technology into its wide range of financial, human resources, BI (business intelligence) and PLM (product lifecycle management) applications, said 451 Group analyst China Martens via e-mail. "The ultimate goal is to make PPM use more widespread, not limited to a group or department, but fully deployed as a enterprise app to track projects from start to finish with input from and visibility into useful information held in other apps," she said. Oracle could also stand to sell more PPM licenses as infrastructure projects funded by government stimulus money begin to ramp up later this year and next. One thing that remains to be seen is how Primavera's technology will work alongside the project management software Oracle is developing as part of its next-generation Fusion Applications, which are nearing an initial release after years of development. Overall, though, Oracle should have some success spreading the use of PPM, according to another observer. "There's a huge audience that hasn't really taken advantage of enterprise [wide] PPM," said Forrester analyst Margo Visitacion. "This is just an incredibly easy upsell for Oracle to do."

3rd September 2009, 01:00 PM	#6
admin2 Administrator Join Date: Oct 2007 Posts: 54	Oracle Unveils 11g Database, R2 Oracle Unveils 11g Database, R2 Release 2 of Oracle's flagship database seeks to consolidate departmental, smaller systems on a data center grid. By Charles Babc ock InformationWeek September 2, 2009 08:57 AM Oracle announced Tuesday that the second release of its Oracle 11g database system is available for download. The new release adds dozens of grid-oriented features and improves performance, the company said. Mark Townsend, VP of database product management said in an interview that Release 2 "is a good consolidation platform. You can move smaller department databases onto the data center grid" and let one Oracle system replace several smaller systems, some of which are likely to be Microsoft's SQL Server. Companies team to develop computing device and chipset architectures that will combine the performance of powerful computers with high-bandwidth mobile broadband communications and ubiquitous Internet connectivity. By grid, Oracle means users should run its flagship product on a cluster of Intel or AMD-based servers and move away from more expensive, high end servers, where Oracle typically runs under Unix. Oracle cluster management software, Real Application Cluster, manages the grid for running databases and applications. RAC by definition is designed to run on multiple servers, but Oracle with Release 2 is offering an option to run it on a single server, called RAC One Node, where multiple databases on consolidated on the node and gain redundancy and high availability through the RAC One Node software. In Release 2, Oracle has improved data compression and partitioning data to storage, allowing more granular assignment of data to lower cost storage. Both measures cut overall storage costs, Townsend said. In addition, Release 2 can invoke Automatic Storage Management procedures used with data for the Oracle databases' own binary files, the code that makes it run in production. By using ASM procedures, the database itself requires less high priced storage to keep itself running, Townsend said. Another grid feature is Release 2's ability to load data into the memory of multiple servers, and then execute high speed queries against it there. "Grid machines tend to have a lot memory. We can load a terabyte of data into memory" and treat it as a shared pool across multiple servers, he said. The feature is most likely to be utilitized in data warehousing operations, he added. This release of 11g also allows a customer's database applications to be upgraded without taking the database system offline. This feature eliminates the need for a separate upgrade environment. As the upgraded application comes on line, it is guided to a redefined version of its database tables, and the old editions are then deleted, Townsend explained. The system includes updated versions of automated, online technical support, such as DBA Productivity Advisor and High Availability Advisor, which provide wizard-like question and answer sessions with the DBA and make changes to the underlying system based on the responses.

24th September 2009, 01:21 PM	#7
admin Administrator Join Date: Oct 2007 Posts: 14,319 Blog Entries: 7	Financial Services Analytical Applications for Enterprise Performance Management Oracle Announces New Financial Services Analytical Applications for Enterprise Performance Management Oracle’s Financial Services Enterprise Performance Management Applications Enable Financial Institutions to Manage Enterprise-Level, Risk-Adjusted Performance and Threats to Liquidity and Capital Adequacy Oracle Global Financial Services Leadership Summit, HONG KONG – September 11, 2009 Demonstrating its commitment to help financial services institutions grow profitably and optimize risk-adjusted performance, Oracle today announced a comprehensive and integrated suite of financial services analytical applications for enterprise performance management (EPM). Now more than ever, financial institutions and regulators are focused on the need to measure and meet performance objectives adjusted for risk, price products to reflect their true risk, and better understand how performance is impacted by threats to liquidity and capital adequacy. This Oracle Financial Services analytical applications EPM suite builds on Oracle’s vast experience in supporting many of the world’s most demanding, high-volume and high performance financial institutions over the last decade. It is based on the merged capabilities of Oracle Financial Services Applications (OFSA), Oracle’s Hyperion, PeopleSoft EPM, and Oracle Reveleus applications. Oracle worked with a 17-member customer advisory board on every step of the design process. The applications are all built on the same financial services data model and applications architecture as the Oracle Reveleus suite of enterprise risk management applications, making it easier for customers to add additional applications with only marginal incremental investments. With the release, Oracle is now uniquely positioned to help financial institutions seeking to actively incorporate risk into decision-making, and define and manage plans crossing risk and performance management using best practice processes and techniques. New Oracle Financial Services Analytical Applications for EPM Oracle Financial Services Profitability Management - helps financial institutions to calculate the profitability of products, channels, segments, and individual customer relationships on a risk-adjusted basis by enabling them to perform complex allocations of operating costs, net interest, capital and other components to the underlying transactions and balances. Oracle Financial Services Funds Transfer Pricing - enables banks to determine the account level spread earned on assets and liabilities, and the spread earned as a result of interest rate exposure. The application supports a comprehensive range of transfer pricing methodologies that are based on industry best practices in order to help calculate accurate results at the lowest available level of detail. Oracle Financial Services Pricing Management, Transfer Pricing Component - provides real-time transfer rates to support pricing loan transactions that reflect immediate market conditions. Its risk-based pricing methodologies use the transfer pricing methodology and prepayment assumptions found in Oracle Financial Services Funds Transfer Pricing, and include all elements of the profit and loss for an account. Oracle Financial Services Asset Liability Management - helps financial services institutions manage and monitor interest rate risk, liquidity risk, foreign currency risk and earnings risk. The application models every loan, deposit, investment, and portfolio individually, to help institutions better understand the risks they have assumed and their sensitivity to economic conditions. Supporting Quotes “In today’s environment, it is critical that financial institutions be able to perform a cross-functional analysis of the traditional areas of management reporting that includes both risk and performance measures,” said Don Russo, Senior Vice President, Oracle Financial Services Global Business Unit. “The Oracle Financial Services analytical applications EPM suite enables institutions to break down the organizational silos that exist today between the risk and finance functions in order to help maximize profitability and achieve management excellence.” “Market conditions are demanding that financial institutions have access to the information needed to make proper decisions that align with business strategy and factor in risk,” said S. Ramakrishnan, CEO of Oracle Reveleus and Oracle Mantas products, Oracle Financial Services Software. “Oracle Financial Services analytical applications combine the best-of-breed functionality across our product lines to create a single, integrated financial platform across risk and finance, spanning key areas including: governance, risk and compliance; enterprise risk management; enterprise performance management and customer insight.” "Stresses and strains on financial applications, coupled with an imperative to manage and report risk at an enterprise level, have led many institutions to consider implementing an architectural approach to financial data management," according to Kathleen Khirallah, Lead Analyst for Tower Group's Retail Banking research and advisory service. "Adopting such an approach begins with the acknowledgment that financial data is the lifeblood of the organization and must be leverageable across the bank. An architectural approach can make data from the financial applications more readily accessible to multiple users within finance and risk management." “The new Oracle Financial Services analytical applications for EPM clearly advance the state of the art,” said Mike Pugliese, Partner and Leader for Capco’s Finance, Risk & Compliance group. “Oracle is on the leading edge of data convergence and transparency. By integrating the suite onto a common data model and applications architecture that is shared by the Reveleus suite of enterprise risk management applications, our joint customers are now able to produce the integrated risk adjusted performance metrics that have been elusive to date.” Supporting Resources Oracle Innovation Showcase: New Oracle Financial Services Analytical Applications Enable Banks to Integrate Risk and Performance Management Driving Management Excellence in Financial Services Follow Oracle Financial Services on Twitter Join the Oracle Financial Services Community on Facebook Oracle in Financial Services Oracle Innovation Showcase For more than 32 years, Oracle has been a technology innovator, transforming the way business is conducted. To learn about Oracle’s latest technologies, visit the Innovation Showcase during the 100 days before Oracle OpenWorld. See oracle.com/innovation for more information. About Oracle Financial Services Analytical Applications Oracle Financial Services Analytical Applications are a complete and fully integrated portfolio of analytical solutions covering enterprise risk, performance management, regulatory compliance and customer insight. They are built upon a shared analytical infrastructure consisting of a unified financial services data model, shared analytical computations and the industry-leading Oracle Business Intelligence platform. For more information visit Oracle Financial Services Analytical Applications. About Oracle Oracle (NASDAQ: ORCL) is the world's largest business software company. For more information about Oracle, please visit our Web site at Oracle 11g, Siebel, PeopleSoft \| Oracle, The World's Largest Business Software Company.

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