SOURCE: Oracle Corporation

Oracle Corporation

September 29, 2009 08:00 ET

Leading Analyst Firm Positions Oracle Financial Services Software in Leaders Quadrant in 2009 Operational Risk Management Software Report

Oracle® Reveleus Operational Risk Recognized Based on Completeness of Vision and Ability to Execute

REDWOOD SHORES, CA--(Marketwire - September 29, 2009) - Oracle (NASDAQ: ORCL)

News Facts

  • Oracle today announced that Gartner, Inc. has positioned Oracle Financial Services Software in the Leaders quadrant of its 2009 "Magic Quadrant for Operational Risk Management Software for Financial Services" report.
  • The Gartner Magic Quadrant positions vendors within a particular quadrant based on completeness of vision and their ability to execute on that vision.
  • The Oracle® Reveleus suite of pre-built and comprehensive analytical applications provides financial institutions in-depth risk, performance and compliance analysis across the enterprise.
  • Scalable to the demands of the broadest set of customers, Oracle Reveleus delivers the insights needed to manage the business risks of the most demanding, tier-1 institutions around the world.
  • Oracle Reveleus Operational Risk delivers a full range of operational risk and compliance functionality in a single application. Organizations can identify, analyze and measure risks both qualitatively and quantitatively to easily create a holistic view of risk across both processes and lines of business.
  • Powerful workflow functionality keeps operational risk managers, compliance managers and business heads abreast of significant changes and events while comprehensive business intelligence reporting provides them with insight and drill-down via easily viewable dashboards. Integrated modeling for regulatory and economic capital is available within the Oracle Reveleus suite.
  • Through its integration with Oracle Mantas, Oracle Reveleus also provides surveillance and behavior detection related to anti-money laundering (AML), know-your-customer, fraud and trading compliance.
  • According to Gartner, "This [Leaders] quadrant tends to be occupied by vendors with software applications that are addressing qualitative as well as quantitative aspects of risk management of [operational risk management] ORM. These vendors have achieved a high level of market acceptance and enable a consistent view of operational risk across the organization, as compared to separately designed and implemented risk calculation engines or audit, control and compliance reporting tools. Such vendors approach operational risk more comprehensively and holistically across the enterprise and link operational risk to corporate performance management (CPM). They have robust organizational structures and professional services resources."

Supporting Quote

  • "Today, financial institutions understand the importance of an enterprise-wide approach to operational risk and compliance management. They seek risk management solutions that span traditional silos through a comprehensive GRC framework," said S. Ramakrishnan, CEO of Oracle Reveleus and Mantas products, Oracle Financial Services Software. "We believe Oracle Financial Services Software's placement in the Leaders quadrant reinforces our success in providing solutions that deliver this holistic view of risk management that today's financial institutions require."

Supporting Resources

Oracle Innovation Showcase

For more than 32 years, Oracle has been a technology innovator, transforming the way business is conducted. To learn about Oracle's latest technologies, visit the Innovation Showcase during the 100 days before Oracle OpenWorld. See for more information.

About Oracle Financial Services Analytical Applications

Oracle Financial Services Analytical Applications are a complete and fully integrated portfolio of analytical solutions covering enterprise risk, performance management, regulatory compliance and customer insight. They are built upon a shared analytical infrastructure consisting of a unified financial services data model, shared analytical computations and the industry-leading Oracle Business Intelligence platform. For more information visit Oracle Financial Services Analytical Applications.

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. For more information, visit

About the Magic Quadrant

The Gartner Magic Quadrant is copyrighted 2009 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


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