From targeted customer offerings to compliance with Sarbanes-Oxley and Basel II, Oracle for Banking helps you meet all your business challenges.
It offers a powerful combination of technology and comprehensive, preintegrated business applications, including key functionality built specifically for banks.
Increased regulatory pressures. Complex global operations. Rising demand for innovative customer service. New competitors entering the market. These are the critical business challenges faced by banks. Oracle for Banking can meet these demands. It delivers a powerful combination of technology and comprehensive, pre-integrated business applications from the front to the back office, including key functionality built specifically for your banking enterprise. With banking-specific applications running on low-cost, highly scalable platforms, Oracle for Banking enables your organization to increase sales, improve enterprise performance, comply with regulatory mandates, boost operational efficiency, and enhance customer service.
Become a customer-centric bank
To offer personalized service and targeted, profitable offerings, you need multi-channel solutions that deliver consistent cross-channel experiences across all touch points-ATMs, online portals, contact centers, and retail branches. Oracle's customer data management solution, which includes Oracle Customer Data Hub , provides a single integrated source from which applications can draw consistent, up-to-date customer information. Leverage this information with Siebel Branch Sales and Service, Siebel Branch Teller, Siebel Contact Center, and Siebel Enterprise Marketing. These applications deliver customer-centric service and allow you to target the right product offers to the right people at the right time through the right channels. Additionally, Siebel Business Analytic Applications provide prebuilt solutions that deliver pervasive intelligence across the organization, empowering users at all levels with the key information they need to maximize effectiveness.
Effectively manage compliance, enterprise risk, and performance
Oracle offers a combination of performance management, corporate governance, and financial solutions. This helps turn regulatory pressures into opportunities to create value. A single, integrated data model, and applications, such as Oracle Internal Controls Manager, provide the greatest possible visibility into your operations. With rapid reporting, you can meet the demands of Sarbanes-Oxley, Basel II, Gramm-Leach-Bliley, and the USA PATRIOT Act. The Reveleus Basel II solution assists with achieving the highest level of Basel II compliance, providing a true competitive differentiator. The same timely information can help drive higher performance with applications like Oracle Performance Analyzer, Oracle Transfer Pricing, Oracle Risk Manager, Oracle Budgeting and Planning, Oracle Balanced Scorecard, and PeopleSoft Enterprise Performance Management (EPM).
Improve the operational effectiveness of corporate assets
Providing seamless system integration, optimizing workforce management, and connecting financials to better measure and monitor business results are important steps to improve operation effectiveness. Peoplesoft Human Capital Management solutions help banks decrease costs while increasing HR management value. Oracle E-Business Suite Financials help improve operational effectiveness and efficiency through a comprehensive financial management suite linking financials to business insight.
Build market responsiveness by transforming to flexible core banking systems and processes
To gain a competitive advantage, it is essential to be able to rapidly bring new products and services to market. This can only be done with flexible core banking systems and processes that deliver consistent customer experiences across channels. It is also critical to provide a lower total cost of ownership through the use of standards-based technology. To transform core systems and to provide maximum flexibility i-flex solutions' next-generation, core banking platform, FLEXCUBE, provides a comprehensive, integrated-yet-modular core banking solution that meets all the needs of a modern financial institution and its multiple business segments. With pre-built banking processes and integration from the front to the back office, Oracle and i-flex solutions provide a comprehensive set of preintegrated banking applications.
Leverage service-oriented architecture for next-generation banking
To help you meet the challenges of increasing organizational and IT complexity, the technology platform provided by Oracle Database and Oracle Fusion Middleware delivers the infrastructure you need to consolidate information from multiple disparate systems. The platform also streamlines business processes, delivers real-time business intelligence, and reduces the costs associated with maintaining multiple silos of information. All of this is accomplished using open standards and service-enabled platforms to easily interconnect systems and processes.