litl_phil wrote: While it's nice that Google and Acer share the vision of cloud-based computing, it's also worth noting that we at litl already have a webbook on the market (available at litl.com) that runs our own cloud-based OS.
Unlike Chrome, litlOS is focused on creating a new and better web experience for the home, so we don't have the usual browser interface, we have our own innovative UI. In conjunction with easel mode (litl's inverted-V position) and our growing cohort of litl channels (special apps t...
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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