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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

Press release highlighting that AboitizPower, a power distributor, retailer and generator in the Philippines, has implemented Oracle Utilities Customer Care and Billing to improve efficiency and enable compliance. The release notes that prior to selecting Oracle's solution in August 2011, AboitizPower's six subsidiaries were using unrelated systems developed internally and customized over several years. The release includes comments from Rodger Smith, senior vice president and general manager at Oracle Utilities noting that Oracle Utilities Customer Care and Billing will enable AboitizPower to streamline billing processes and allow the utility to meet privatization and deregulation requirement.

Vendor eyes multi-channel as it builds cloud portfolio. Oracle is hitting retailers with a flood of enterprise software as it seeks to establish itself as a key cloud player in the market. The software vendor will launch six products covering critical ecommerce, customer engagement, order management, order fulfilment, loss prevention, and brand compliance. Jill Puleri, SVP and GM at Oracle Retail, said: "Retailers looking for agility, performance, and cost predictability are increasingly considering the cloud. "The new Oracle Retail Cloud Services help eliminate the time and cost constraints that too often hamper retailers' ability to respond to new opportunities for growth." Many of the products are dedicated to enabling multi-channel operations, a focus for retailers seeking to integrate their online and offline business amid rising customer expectations.

Vendor eyes multi-channel as it builds cloud portfolio. Oracle is hitting retailers with a flood of enterprise software as it seeks to establish itself as a key cloud player in the market. The software vendor will launch six products covering critical ecommerce, customer engagement, order management, order fulfilment, loss prevention, and brand compliance. Jill Puleri, SVP and GM at Oracle Retail, said: "Retailers looking for agility, performance, and cost predictability are increasingly considering the cloud. "The new Oracle Retail Cloud Services help eliminate the time and cost constraints that too often hamper retailers' ability to respond to new opportunities for growth." Many of the products are dedicated to enabling multi-channel operations, a focus for retailers seeking to integrate their online and offline business amid rising customer expectations.

Press release highlighting that Oracle announced the availability of Oracle Tax Analytics, an innovative business intelligence solution that helps tax authorities better understand their operations and make more informed decisions that can lead to better taxpayer service, improved operational efficiency and increased collections and compliance. The article notes that Oracle Tax Analytics consists of three separately licensable products that provide a modular approach to implementing tax business intelligence and meeting tax and revenue authorities' unique information needs. The article also includes comments from Andre van der Post, global director, Tax Solutions and Strategy, Oracle Tax Global Business Unit noting that Oracle Tax Analytics is a complete solution that helps tax authorities make more informed decisions that lead to better taxpayer service.

Press release highlighting that Oracle announced the availability of Oracle Tax Analytics, an innovative business intelligence solution that helps tax authorities better understand their operations and make more informed decisions that can lead to better taxpayer service, improved operational efficiency and increased collections and compliance. The article notes that Oracle Tax Analytics consists of three separately licensable products that provide a modular approach to implementing tax business intelligence and meeting tax and revenue authorities' unique information needs. The article also includes comments from Andre van der Post, global director, Tax Solutions and Strategy, Oracle Tax Global Business Unit noting that Oracle Tax Analytics is a complete solution that helps tax authorities make more informed decisions that lead to better taxpayer service.

The Oct. 22 edition of GCN includes the following article highlighting the Pennsylvania's Treasury Department financial system upgrade. The article notes that the Treasury uses Oracle's PeopleSoft Financials to handle cost-payable processes and Oracle Governance, Risk and Compliance for audit analytics and forensic analysis on payment processes. The article also quotes Sid Sinha, Oracle's senior director of application development, who discusses how auditors can adapt the technology.

The Oct. 22 edition of GCN includes the following article highlighting the Pennsylvania's Treasury Department financial system upgrade. The article notes that the Treasury uses Oracle's PeopleSoft Financials to handle cost-payable processes and Oracle Governance, Risk and Compliance for audit analytics and forensic analysis on payment processes. The article also quotes Sid Sinha, Oracle's senior director of application development, who discusses how auditors can adapt the technology.

The Nov. 28 edition of Computer Business Review includes the following article announcing Oracle's release of Tax Analytics 2.0 for public sector enterprises. The article notes that the Oracle solution offers public sector agencies enhanced visibility into tax and revenue management operations for taking informed decisions. The article includes comments from Oracle's Mark Johnson, noting that the solution will allow public sector agencies can better understand their tax and revenue operations and make decisions that lead to better taxpayer service, improved operational efficiency and increased collections and compliance.

The January 13 edition of Campus Technology includes the following article highlighting Oracle's release of the Oracle Database Firewall for MySQL Enterprise Edition.  The article notes that the upgrade includes new reporting capabilities for improved regulatory compliance.

The six new Oracle Retail cloud services are aimed at providing retailers with fast access to enterprise-grade applications for managing critical e-commerce, customer engagement, order management, order fulfillment, loss prevention, and brand compliance operations.

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.

Oracle is releasing six new Oracle Retail cloud services that provide retailers with rapid access to enterprise-grade applications for managing critical e-commerce, customer engagement, order management, order fulfillment, loss prevention, and brand compliance operations.

Looking at the many tech trends affecting full-service restaurants, two overarching themes emerge. One is the use of technology, particularly mobile devices, to enhance the guest experience-prior to the meal, at tableside, and beyond. The other big theme is restaurateurs' need for consistency and repeatability throughout the enterprise, in areas encompassing everything from pricing, menus, and reporting to regulatory compliance.