SOURCE: Oracle Corporation

Oracle Corporation

September 13, 2009 21:00 ET

Oracle Awarded SWIFTReady Labels

Four SWIFT Certifications Earned Across Range of Financial Services Applications

HONG KONG--(Marketwire - September 13, 2009) - Sibos 2009 -- Oracle (NASDAQ: ORCL)

News Facts

  • At the financial services industry's premier global conference, Oracle today announced that it has been awarded SWIFT-certified labels for Payments, Single Euro Payments Areas (SEPA), Financial Enterprise Application Integration (EAI) and Funds.
  • SWIFT runs an annual program for qualifying the SWIFT-compliance of third-party software applications for the financial services sector.
  • Certified applications are awarded a SWIFTReady application label when they demonstrate compliance with SWIFT standards, messaging services and connectivity.
  • As part of the 2009 program, Oracle has been awarded four SWIFTReady application labels. These include:
  • Certified applications are awarded a SWIFTReady application label when they properly complement SWIFT's value proposition and demonstrate compliance with SWIFT standards, messaging services and connectivity.
  • Specifically for the Transfer Agency and Fund Managers -- SWIFTNet Funds enables adherence to ISO20022 messaging standards, 45+ SWIFTNet Funds messages as per SWIFTNet Funds schema, messaging support to SWIFTNet InterAct protocol & SWIFT integration via alliance gateway.

Supporting Quotes

  • "Our participation in this year's SWIFTReady program has been tremendously successful and is an important part of our ongoing commitment to provide customers with comprehensive solutions that meet important industry standards," said Paul Shetler, Senior Director, Oracle Financial Services Global Business Unit. "We believe the strength of our relationship with SWIFT is a real asset to our business and better positions us to help our customers address their most pressing business challenges and requirements."
  • "Oracle has proven, with its four SWIFTReady labels, that it takes SWIFT compliancy seriously across its product lines," said Frank Smits, Head of the SWIFTReady program. "The SWIFTReady qualification process has objective criteria that are validated by SWIFT experts and customer reference checks on a yearly recurring basis."

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 oracle.com/innovation for more information.

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 (NASDAQ: ORCL) is the world's largest business software company. For more information, visit www.oracle.com/financialservices.

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