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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

Amazon just obtained a new competitor for its Amazon Web Services cloud hosting and development platform. Oracle is going head-to-head with Amazon with a slew of more than 24 new additions to the Oracle Cloud Platform. Oracle's new integrated cloud services include infrastructure, platform and software delivered as a service. Specific cloud-based services include hosted Exadata-based production databases, archive storage, Big Data, enterprise mobility, and application integration. Oracle says it offers the same products, with 100% compatibility, in the cloud and on premises, which means that companies can move to and from the cloud without changing applications. Furthermore, workloads can be moved to the cloud instantly. "Oracle is growing really fast," said Larry Ellison, CTO of Oracle, in public remarks. "Oracle is the only company on the planet that can deliver a complete, integrated, standards-based suite of services at every layer of the cloud. Those technology advantages enable us to be much more cost-effective than our competitors. Our new Archive Storage service goes head-to-head with Amazon Glacier and it's one-tenth their price."

Press release highlighting that Veterans Canteen Service implemented Oracle Retail applications and the Oracle E-Business Suite Release 12 to establish new merchandising, inventory and price processes designed to help increase sales and establish more control over inventory throughout its locations. The article notes that Veterans Canteen Service selected the Oracle Retail applications and Oracle E-Business Suite Release 12 based on integration capabilities and product attributes. The article also includes comments from Mike Webster, general manager, Oracle Retail noting that Veterans Canteen Service offers an important service to America's Veterans and Oracle Retail is proud to be a part of the team working to provide better service to canteen customers.

The August 28 edition of eCampusNews includes the following press release announcing the results of the "Making the Grade: Optimizing the Higher Education Student Experience" report, which examined where student services stand today, the impact those services have on overall student satisfaction and how higher education institutions can improve services and address opportunities like social media and mobile apps. The press release includes comment from Cole Clark, global vice president, education and research industry, Oracle, who notes that this report demonstrates that investments in student services' technology pay long-term dividends.

Frontline Consulting Services Inc. (FCS) announced today that it has entered into an agreement with Oracle to provide Business Process Outsourcing (BPO) services for Oracle® Demand Signal Repository. These BPO services expand upon FCS's current services f

Highlights the growing importance of "enabling services" in helping service providers avoid the "dumb pipe" reality. Going forward, service providers will need to invest in systems like service delivery platforms that enable them to support third-party p

The Sept. 2 edition of Channelnomics includes the following article highlighting that the U.S. Department of Defense granted Oracle an Authority to Operate with its selection of Oracle Service Cloud. The article quotes David Vap, group vice president of Oracle Service Cloud, who discusses how the Oracle Service Cloud will provide government agencies with improved efficiency and security.

The Sept. 2 edition of Channelnomics includes the following article highlighting that the U.S. Department of Defense granted Oracle an Authority to Operate with its selection of Oracle Service Cloud. The article quotes David Vap, group vice president of Oracle Service Cloud, who discusses how the Oracle Service Cloud will provide government agencies with improved efficiency and security.

Oracle unveils new Retail Cloud Services solutions The new solutions are designed to drive retail growth through cloud technology. Oracle has unveiled six new Retail Cloud Services designed to help retailers capitalize on modern business opportunities. Announced on Wednesday, the Redwood City, CA.-based firm said six new cloud solutions have been added to the company's retail cloud portfolio. Stemming from MICROS Retail solutions, acquired by Oracle last year, the new cloud services are designed to assist retailers in the management of e-commerce applications, customer engagement, the stock chain, ordering and brand compliance.

Joining an increasing trend towards in-store mobile POS services that can help retailers improve customer service and increase efficiency, Oracle say they have introduced Oracle Retail Mobile Point-of-Service (POS), a mobile extension to their Oracle Retail Point-of-Service that enables store associates to assist customers and securely complete transactions from anywhere in the store using mobile devices.

Infosys, a global consulting and I.T. services company was positioned as a leader for providing Oracle services by Forrester Research, Inc. in its May 2011 The Forrester Wave™: Oracle Services Providers, Q2 2011 report.

To help hospitality companies personalize all aspects of their engagement with customers, Oracle introduced a cloud services version of its suite of hospitality solutions. The new Oracle Hospitality cloud services enable hotel and casino operators to better manage every aspect of their customer relationships and on-site operations, and simplifying IT infrastructure and deriving value faster from new innovations.

To help hospitality companies personalize all aspects of their engagement with customers, Oracle introduced a cloud services version of its suite of hospitality solutions. The new Oracle Hospitality cloud services enable hotel and casino operators to better manage every aspect of their customer relationships and on-site operations, and simplifying IT infrastructure and deriving value faster from new innovations.

Redwood Shored, Ca: In a move to evolve its network to provide converged communications, leading European communications service provider (CSP) Telefónica Spain has chosen Oracle as a supplier of session border controller and will use the Oracle Communication Session Border Controller for its full portfolio of services which include residential ser

Redwood Shored, Ca: In a move to evolve its network to provide converged communications, leading European communications service provider (CSP) Telefónica Spain has chosen Oracle as a supplier of session border controller and will use the Oracle Communication Session Border Controller for its full portfolio of services which include residential ser

Oracle Introduces New Cloud Services for Hotels and Casinos New Oracle Cloud services will enable hotels, casinos and other hospitality companies to personalize and improve the guest experience while making operations more efficient. To help hospitality companies personalize all aspects of their engagement with customers while also delivering an excellent guest experience on site, Oracle introduced a cloud services version of its suite of hospitality solutions. The new Oracle Hospitality cloud services enable hotel and casino operators to better manage every aspect of their customer relationships and on-site operations, while simplifying their IT infrastructure and deriving value faster from new innovations.

The operator is transitioning its residential customers to VoIP while maintaining service quality using Oracle Communications Operations Monitor Redwood Shores, Calif.-Feb 9, 2016 - As the largest telecommunications operator in Switzerland, more than 2 million consumers count on Swisscom to deliver communications services. So when it decided to transition them from fixed line telephony to…

The operator is transitioning its residential customers to VoIP while maintaining service quality using Oracle Communications Operations Monitor Redwood Shores, Calif.-Feb 9, 2016 - As the largest telecommunications operator in Switzerland, more than 2 million consumers count on Swisscom to deliver communications services. So when it decided to transition them from fixed line telephony to…

To help retailers improve customer service and increase efficiency, Oracle introduced Oracle Retail Mobile Point-of-Service, a mobile extension to Oracle Retail Point-of-Service (POS) that enables store associates to assist customers and securely complete transactions from anywhere in the store using mobile devices

Hghlighting that ENSTAR Natural Gas has selected Oracle Utilities Customer Care and Billing and Oracle Utilities Business Intelligence to enhance billing capabilities and customer service and better understand customer needs. The release notes that ENSTAR Natural Gas also plans to integrate its existing Oracle Utilities Mobile Workforce Management application with Oracle Utilities Customer Care and Billing to improve communication between customer service representatives, dispatchers and technicians. The release also includes comments from Bill Vellante, group vice president and general manager, Oracle Utilities noting that Oracle Utilities will help harness a complete view of customer data, streamline billing processes and enable more responsive customer service.

Amazon Web Services on Tuesday launched Amazon Relational Database Service (RDS) for Oracle Database. The service brings pay-by-the-hour access to Oracle's database

The Oct. 12 edition of Billing World includes the following article highlighting that Telefónica Germany has gone live with the first phase of its implementation of Oracle Communications Order and Service Management 7.0. The article notes that the solution will unify order management across Telefónica Germany's retail and business offerings, combine order capture across multiple channels and streamline self-service capabilities for corporate, customer value management, customer services, marketing and sales processes.

REDWOOD SHORES, Calif. - Feb. 11, 2016 - In a move to evolve its network to provide converged communications, leading European communications service provider (CSP) Telefónica Spain has chosen Orac…

REDWOOD SHORES, Calif. - Feb. 11, 2016 - In a move to evolve its network to provide converged communications, leading European communications service provider (CSP) Telefónica Spain has chosen Orac…

Helzberg Diamonds knows its clientele expects quality, both in merchandise and in the service they receive. So the Kansas City-based, 230-plus-store specialty jewelry retailer is implementing Oracle Retail XStore POS software, as well as other third-party customer engagement and payment processing technology. With retail system integration services provider BTM Global handling all implementation, Helzberg will obtain point-to-point encryption, tokenization and EMV certification.

Helzberg Diamonds knows its clientele expects quality, both in merchandise and in the service they receive. So the Kansas City-based, 230-plus-store specialty jewelry retailer is implementing Oracle Retail XStore POS software, as well as other third-party customer engagement and payment processing technology. With retail system integration services provider BTM global handling all implementation, Helzberg will obtain point-to-point encryption, tokenization and EMV certification.