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The July 12 issue of eCampus News includes an article discussing recent changes in colleges students' financial aid packages caused by Congress's sequestration talks. The article includes comment from Oracle customer, Marquette University in which Tara O'Neill, Associate Director of the Office of Finance and Student Financial Aid noted that if this would have happened in the mid-2000s, schools would not be able to make the proper adjustments needed. However, with technological advancements in its financial aid office, Marquette was able to notify students of possible aid changes within 30 minutes of getting word from the federal government. The article notes that Marquette uses PeopleSoft Campus Solutions Student Financing system which provides constant updates to federal rules and regulations surrounding financial aid.

The June 23 broadcast of Federal News Radio includes the following segment featuring Aaron Cornfeld, vice president, pre-sales engineering, public sector, healthcare & higher education, at Oracle. During the interview, Cornfeld discusses how Oracle is reinventing itself as a cloud company and is helping federal government agencies make the transition to the cloud.

Highlighting that Oracle launched a new solution for health insurance exchanges to deliver the functionality and services required by state governments to help ensure health insurance exchange success. The article notes that Oracle's comprehensive solution for healthcare insurance exchanges combines Siebel Customer Relationship Management (CRM) Applications, Oracle Policy Automation Solution for Public Sector, Oracle Hyperion Planning, Oracle Business Intelligence Applications as well as Oracle Fusion Middleware components including Oracle Identity Management, Oracle WebCenter Suite, Oracle SOA Suite and Oracle Master Data Management Suite. The article also includes comments from Mark Johnson, senior vice president, Oracle Public Sector noting that the impending rollout of health insurance exchanges will require state governments to establish state-regulated and standardized health care plans, from which individuals may purchase health insurance that is eligible for Federal subsidies.

Highlighting that Oracle announced its solution for health insurance exchanges that provides state governments with the functionality and services required to help ensure health insurance exchange success. The release notes that Oracle's comprehensive solution for healthcare insurance exchanges can support Health and Human Service programs and core business functions such as eligibility and enrollment; billings, collections and premium reconciliation; customer service; premium tax credit tracking; broker management; payment processing and financial and management reporting. The release also includes comments from Mark Johnson, senior vice president, Oracle Public Sector noting that Oracle offers a robust solution which consists of proven technologies that are architected to work together, and include the necessary capabilities needed to deliver a successful program.

Highlighting that Oracle has been issued a "strong positive" rating from Gartner, Inc. in the analyst's "MarketScope for Local Government CRM Products." The article notes that the report compares the offerings of nine providers of CRM commercial off-the-

Highlighting that according to a report by Pike Research, demand for water is outpacing the rate of population growth by more than double, and government data forecasts water shortages in 26 U.S. states by 2013. The article notes that an October 2010 study by Oracle Utilities titled "Testing the Water: Smart Metering for Water Utilities" concluded that 76 percent of customers were concerned with water conservation and 69 percent believed they could reduce personal water usage. The article also includes comments from Stephan Scholl, senior vice president and general manager, Oracle Utilities in a 2010 statement noting that smart meter technologies can produce the actionable data required to provide consumers with information they can use to make smarter decisions about water consumption.

Highlighting that CACI International has bolstered its presence in the government transformation arena with the acquisition of Advanced Programs Group LLC, an Oracle Platinum Partner and provider of Oracle e-Business services in the federal market. The article notes that services include Oracle e-Business Suite implementations, IT program management, enterprise architecture, and security assistance.

Welch pointed out the importance of retail commerce to the US economy, referring to it as "a big common interest." It's also a labor-intensive one. "I'm amazed at how hard retail is," he said. Therefore, the federal government should do all it can to protect privacy and online data while still "serving entrepreneurs," he asserted.

The Oct. 28 edition of Government Technology include the following San Jose Mercury News syndicated article highlighting how some of Silicon Valley's legendary companies, including Oracle, are embracing cloud. The article quotes Larry Ellison, executive chairman and chief technology officer, Oracle, and Shawn Price, senior vice president, Oracle, who discuss Oracle's cloud transformation, noting that Oracle is deploying its cloud services in 19 data centers in 14 different countries for an increase in data center capacity.

Oracle Financial Services has expanded its Oracle Financial Services Enterprise Risk Management suite to include a new model risk management solution, as well as enhanced offerings for regulatory capital management and credit risk management. Oracle's Enterprise Risk Management suite, part of the Oracle Financial Services Analytical Applications family, provides a single, unified platform that helps today's financial institutions meet increasingly complex compliance requirements and performance objectives. The end-to-end platform enables financial services organizations to effectively identify and manage risk to support their risk-adjusted performance objectives, promote a proactive risk management culture and mitigate the costs of compliance. Model Risk Management To meet evolving regulatory mandates, financial institutions require a comprehensive view of risks associated with inaccurate or improperly applied financial and business models. Many firms are struggling to achieve this transparency because they continue to manage their models in siloed environments. Oracle Financial Services Model Risk Management provides a common environment to manage all risks associated with the use of models, including risks arising due to poor data quality, incorrect or inappropriate use, design flaws, incorrect implementation and unauthorized access. The solution delivers a single repository for all model information across the enterprise, includes pre-built dashboards to jump start benefits and provides drill-down capabilities for in-depth insight. This application provides a common environment to manage risks associated with the use of models including risks arising due to data quality, incorrect or inappropriate usage, design flaws, incorrect implementation and unauthorized access. The solution helps firms to improve governance around the use of models through a comprehensive, structured and consistent framework for periodic assessment and validation of models ac