PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Oracle Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Oracle Launches Comprehensive, Ready-to-Deploy Applications for Solvency II Reporting and Analysis - Applications enable carriers to meet compliance deadlines and manage risk and capital for greater financial performance (NASDAQ: ORCL) - Oracle.com
Oracle Launches Comprehensive, Ready-to-Deploy Applications for Solvency II Reporting and Analysis

 

NewswireToday - /newswire/ - New York, NY, United States, 2012/02/07 - Applications enable carriers to meet compliance deadlines and manage risk and capital for greater financial performance (NASDAQ: ORCL) - Oracle.com. NYSE, NASDAQ: ORCL

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

To help insurers effectively achieve compliance with Solvency II requirements and realize greater financial performance through better management of their capital, Oracle today announced Oracle Insurance Applications for Risk and Solvency II Compliance as part of the Oracle Financial Services Analytical Applications suite of products.

Oracle Insurance’s suite of advanced risk and compliance applications, powered by the industry-proven application infrastructure, provides insurers with a unified view of risk across multiple areas including insurance, market, operational, credit, liquidity and underwriting risks. It provides a single, enterprise-wide view of risk through “out-of-the box” business intelligence analytics. Oracle’s world-class applications enable strategic decision making and capital planning with the extensibility and speed to meet future regulatory requirements.

The pre-built, ready-to-deploy applications equip life, non-life, health and re-insurance institutions operating across multiple jurisdictions, to quickly understand and address Solvency II requirements, create a long-term solution to manage all of their data centrally and better manage their operational and market risks – all on a single unified platform.

By leveraging the data quality, integrity, reconciliation and lineage tools available within the applications, insurers can rapidly and reliably increase the quality of their Solvency II reporting and related risk management processes. Workflows, notifications, security and full audit capabilities enable insurers to effectively address the Own Risk and Solvency Assessment.

Supporting Quote
“To comply with Solvency II, insurers in Europe need to assess how they manage all solvency related data as the EIOPA December 2013 deadline approaches. Oracle's offering for Solvency II, based on Oracle Financial Services Analytical Applications, provides insurers with a ready-to-deploy solution that can accelerate the speed of compliance and reduce complexity. As important, it can provide the unified view of risk, finance and actuarial information that insurers require to optimize capital allocation and better position their organizations for success,” said S. Ramakrishnan, group vice president and general manager, Oracle Financial Services Analytical Applications.

About Oracle
Oracle (oracle.com) engineers hardware and software to work together in the cloud and in your data center.

About Oracle in Industries
Oracle industry solutions leverage the company’s best-in-class portfolio of products to address complex business processes relevant to insurance, helping speed time to market, reduce costs, and gain a competitive edge.

Trademark
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact Info
Mary Tobin, O’Keeffe & Company
P: +1 503 658 7396 - E: mtobin[.]okco.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Oracle Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Oracle Launches Comprehensive, Ready-to-Deploy Applications for Solvency II Reporting and Analysis

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Oracle Corporation |
Publisher Contact: Caroline Yu Vespi - Oracle.com 
+1 650-506-8920 caroline.yu[.]oracle.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Oracle Corporation securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Oracle Corporation / Company Profile


Read Software Most Recent Related Newswires:

Oracle Named A Leader In The 2017 Gartner Magic Quadrant For Mobile App Development Platforms
U.S. Air Force Research Lab Taps IBM to Build Brain-Inspired AI Supercomputing System
IBM Launches New Technology Stack to Simplify Development of Microservices
AOS and IBM Developing Logistics and Transportation Solution Built on IBM Blockchain and Watson IoT
Innovabee Boosts Backup Speed 12X with NAKIVO VM Backup Appliance Based on Synology NAS
Xactly Powers Compliance for New Commission Expense Accounting Requirements Under ASC 606
IBM Accelerates Hybrid-Cloud Adoption with New All-Flash Mainframe Storage Solutions
Oracle Health Sciences Reimagines Clinical Development Technology with New Cloud-Based eClinical Environment of the Future
IBM Opens European X-Force Command Center in Poland
NAKIVO Announces New Features in the Upcoming v7.2 for AWS, VMware, and Hyper-V Backup
Beztak Grows Rental Income with Yardi RENTmaximizer
Leading Innovative Companies Select PTC Creo CAD Software
AIG, IBM, Standard Chartered Deliver First Multinational Insurance Policy Powered by Blockchain
Davigel Selects the OpenText Cloud to Manage Global Invoicing
Mentor Achieves ISO 26262 Qualification for Oasys-RTL, Nitro-SoC and FormalPro Tool Reports

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Persistence Market Research (P) Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)