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Oracle Announces New Financial Services Analytical Applications for Enterprise Performance Management

Friday, 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.

Article sourced from www.oracle.com, click here to read full story.

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