Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
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.
The applications are all built on the same financial services data model and applications architecture as the Oracle Reveleus suite of enterprise risk management applications, making it easier for customers to add additional applications with only marginal incremental investments.
With the release, Oracle is now uniquely positioned to help financial institutions seeking to actively incorporate risk into decision-making, and define and manage plans crossing risk and performance management using best practice processes and techniques.
New Oracle Financial Services Analytical Applications for EPM
Oracle Financial Services Profitability Management - helps financial institutions to calculate the profitability of products, channels, segments, and individual customer relationships on a risk-adjusted basis by enabling them to perform complex allocations of operating costs, net interest, capital and other components to the underlying transactions and balances.
Oracle Financial Services Funds Transfer Pricing - enables banks to determine the account level spread earned on assets and liabilities, and the spread earned as a result of interest rate exposure. The application supports a comprehensive range of transfer pricing methodologies that are based on industry best practices in order to help calculate accurate results at the lowest available level of detail.
Oracle Financial Services Pricing Management, Transfer Pricing Component - provides real-time transfer rates to support pricing loan transactions that reflect immediate market conditions. Its risk-based pricing methodologies use the transfer pricing methodology and prepayment assumptions found in Oracle Financial Services Funds Transfer Pricing, and include all elements of the profit and loss for an account.
Oracle Financial Services Asset Liability Management - helps financial services institutions manage and monitor interest rate risk, liquidity risk, foreign currency risk and earnings risk. The application models every loan, deposit, investment, and portfolio individually, to help institutions better understand the risks they have assumed and their sensitivity to economic conditions.
About Oracle News Desk Oracle News Desk trawls the world's news information sources and brings you timely updates on Oracle and its ever-expanding enterprise software portfolio, including its entire range of tools for managing business data, supporting business operations, and facilitating collaboration and application development.
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The Internet highway may start looking like a proverbial New York traffic jam at rush hour soon.
Feel free to substitute any town you like because Cisco says there’s going to be a faster-than-expected 18x surge in worldwide mobile data traffic between 2011 and 2016.
That’s when mob...
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OCZ Technology Group, a provider of high-performance solid-state drives (SSDs) for computing devices and systems, on Tuesday announced the Z-Drive R4 CloudServ PCI Express (PCIe) flash storage solution, designed to accelerate cloud computing applications and reduce operating expenses i...
Yahoo’s critical negotiations with Alibaba to sell part of its stake in Alibaba back to the Chinese company have collapsed according to All Things Digital, a report later confirmed by CNBC.
Apparently the collapse includes Yahoo’s parallel and intertwined negotiations with Softbank t...
Can you bring services from the cloud to your customers faster and have them adopt it with ease of use or bring the power of bundled services to the fingertips of your clients without creating new rigid ‘apps stove pipes'? Do you want to prevent your business running away to public and...
The Internet highway may start looking like a proverbial New York traffic jam at rush hour soon.
Feel free to substitute any town you like because Cisco says there’s going to be a faster-than-expected 18x surge in worldwide mobile data traffic between 2011 and 2016.
That’s when mob...
Many organizations have embraced, or are considering, the benefits of cloud computing – speed, flexibility, increased expertise, shared workload, reduced costs, etc. The benefits are many – but so are the risks. What are the threats to cloud security? Which parties assume responsibilit...
SoftLayer Technologies on Tuesday announced the immediate worldwide availability of SoftLayer Object Storage, a redundant and highly scalable cloud storage service that allows users to easily store, search and retrieve data across the Internet, with optional CDN connectivity, or across...
