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Operational Risk & Regulation Readers Select Oracle Financial Services Software as a Leader in Annual Compliance Software Ranki

^{Published on 2010-07-15 05:40:38 - Market Wire}
 

REDWOOD SHORES, CA--(Marketwire - July 15, 2010) - Oracle (NASDAQ: [ ORCL ])

News Facts

• [ Operational Risk & Regulation ] (formerly OpRisk & Compliance) readers once again ranked Oracle Financial Services Software as a leader for compliance software based on the publication's 2010 Annual Compliance Software Survey.
• The publication's readers named Oracle (including Sun) as a leading vendor across seven of the survey's eight compliance software categories. No other vendor achieved this distinction in the 2010 survey.
• Oracle ranked first for governance, risk and compliance (GRC) software products and ranked second for the overall Compliance 20, as well as in the anti-money laundering (AML), Sarbanes-Oxley, and regulatory reporting solution categories.
• The survey results also recognized Oracle in the compliance monitoring and control and anti-fraud product categories and recognized Oracle's Sun products in the e-mail archiving, data storage and recovery tools category.
• Operational Risk & Regulation compiles its compliance software rankings based on the results of a survey of its readers from financial institutions around the globe.
• Respondents selected their top five companies in eight compliance product categories: AML; anti-fraud; GRC; Sarbanes-Oxley; compliance monitoring and control; regulatory reporting; spreadsheet products; and e-mail archiving, data storage and reporting.
• [ Oracle Financial Services Analytical Applications ] suite offers the industry's most complete and fully integrated portfolio of analytical solutions covering enterprise risk, performance management, regulatory compliance and customer insight. The suite includes [ Oracle Reveleus ] analytical applications for multi-jurisdictional Basel II compliance and risk management, as well as the [ Oracle Mantas Behavior Detection Platform ], the industry's most comprehensive solution for anti-money laundering, detecting risk and enhancing customer relationships.

Supporting Quote

• "Achieving enterprise-wide visibility into risk and compliance has become a high priority for today's financial institutions. In this quest, they seek a technology partner that can deliver proven and best-of-breed solutions across the entire risk management and compliance spectrum. The results of Operational Risk & Regulation's 2010 compliance software rankings reflect the financial services community's confidence in Oracle to deliver end-to-end solutions that yield unprecedented visibility and value," said S. Ramakrishnan, group vice president and general manager, Oracle Financial Services Analytical Applications.

Supporting Resources

• [ View the full results ]
• [ Oracle in Financial Services ]
• [ Follow Oracle Financial Services on Twitter ]
• [ Join the Oracle Financial Services Community on Facebook ]
• [ Look for Oracle Financial Services on YouTube ]

About Oracle Financial Services Software Limited
Oracle Financial Services Software Limited (referred to as "Oracle Financial Services Software") (Reuters: ORCL.BO & ORCL.NS) is a majority owned subsidiary of Oracle. Oracle Corporation is the world's largest business software company. For more information, visit [ http://www.oracle.com/financialservices ].

About Oracle
Oracle (NASDAQ: [ ORCL ]) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, visit [ oracle.com ]

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