Financial Institutions Select Oracle FLEXCUBE Solutions and Oracle Financial Services Analytical Applications to

REDWOOD SHORES, CA, Jan 31 (MARKET WIRE) --
Oracle (NASDAQ: ORCL)

News Facts

-- A growing number of financial services organizations worldwide are
selecting Oracle Financial Services solutions, including Oracle
FLEXCUBE and Oracle Financial Services Analytical Applications, to
help them innovate and achieve competitive differentiation, ensure
regulatory compliance and deliver more personalized service and
greater value to customers.

Recent Oracle Financial Services Customer Milestones

-- Nouvobanq has selected Oracle FLEXCUBE Universal Banking Solution and
Oracle FLEXCUBE Direct Banking Solution to support the bank's growing
retail and corporate banking operations. The bank's previous solution,
used for the last 22 years, caused bottlenecks due to technology
limitations that could not meet modern banking demands. The
implementation of Oracle FLEXCUBE will help create new efficiencies
visible throughout the bank's business.
-- Leading pan-African bank, Ecobank Transnational Inc., has implemented
Oracle FLEXCUBE Universal Banking and Oracle FLEXCUBE Direct Banking
solutions, as well as Oracle's Financial Services Risk Analytics, to
standardize its processing platform across its affiliates in 30
sub-Saharan African countries. Enabling Ecobank to service more than 7
million customers via more than 1,100 bank branches, this represents
Oracle FLEXCUBE's largest multi-country implementation in Africa to
date.
-- Banque Pour Le Commerce Exierieur Lao Public (BCEL) is preparing to
implement Oracle FLEXCUBE Universal Banking on Oracle Exadata Database
Machine to modernize its core banking system. BCEL's core banking
modernization project is a critical milestone in increasing the bank's
efficiencies around risk and growth management, while improving
overall profitability of the business in a highly converging industry.
-- Ping An Bank in China implemented Oracle FLEXCUBE. The system supports
the bank's rapid growth in business and customer base and meets and
improves customer service, operations and risk management. The
implementation was completed in a record timeframe of 18 months.
-- Australia's Suncorp is preparing to implement Oracle FLEXCUBE Next
Generation Platform to overhaul its core banking infrastructure, with
the overall goal of simplifying the banking system. The bank also
recently upgraded its customer relationship management (CRM)
environment with Oracle technology.
-- Silicon Valley Bank, the first successful deployment of Oracle
FLEXCUBE in the United States, is in the midst of its Oracle FLEXCUBE
rollout with the solution currently supporting multicurrency deposit
accounts and customer data. The solution will also support the bank's
trade finance and asset-based lending as well as processing for all
products. Oracle FLEXCUBE has helped the bank improve client reports
and achieve straight-through processing for multicurrency accounts.

Supporting Quotes

-- "Financial services organizations around the globe face a common set
of business challenges as they seek new ways to better serve
customers, differentiate themselves in the market, expand business
intelligence and reduce overall organizational risk," said Frank
Brienzi, senior vice president and general manger, Oracle Financial
Services. "Oracle is dedicated to helping banks meet these challenges
head on through industry leading hardware and financial
services-specific applications that enable organizations to achieve
new levels of efficiency, insight and performance."

Supporting Resources

-- Oracle Financial Services
-- Oracle FLEXCUBE
-- Oracle Financial Services Analytical Applications
-- Oracle Financial Services and Insurance Forum
-- Follow Oracle Financial Services on Twitter
-- Join the Oracle Financial Services Community on Facebook
-- Subscribe to the Oracle Financial Services YouTube channel

About Oracle
Oracle engineers hardware and software to work
together in the cloud and in your data center. For more information about
Oracle (NASDAQ: ORCL), visit www.oracle.com.

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

Oracle Financial Services and Insurance Forum
Oracle will demonstrate
its leadership and vision for the financial services and insurance
industries at the 3rd Annual Oracle Financial Services & Insurance Forum,
on February 7, 2012 in New York City. Attendees can hear Mark Hurd,
Oracle President, speak on Oracle's strategy for both industries, as well
as participate in breakout sessions on high-level industry
topics.

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

Contact Info

Caroline Vespi
Oracle
+1.650.506.8920
caroline.yu@oracle.com

Mary Tobin
O'Keeffe & Company
+1.503.658.7396
mtobin@okco.com

Copyright 2012, Market Wire, All rights reserved.

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