System News
Financial Services
11 Feb 2011
#23915
Oracle Exadata Database Machine Delivers Extreme Performance for Profitability Measures
Demonstrates Possibility of Running Daily Profitability Reports

Oracle reports that the Oracle Financial Services Profitability Management solution running on the Oracle Exadata Database Machine computed profitability for 172 allocation rules across 250 million accounts and more than 1 billion transactions in only 4 hours and 45 minutes. These results, Oracle contends, demonstrate the practical possibility of generating detailed profitability reports at the account level on a daily, even intra-day basis. The performance testing was performed using a full-rack Oracle Exadata Database Machine running Oracle Database 11g and Oracle Real Application Clusters. The application tier was installed on Oracle's Sun SPARC Enterprise M9000 server running Oracle Solaris to drive the load.
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11 Feb 2011
#23917
Oracle Financial Services Analytical Applications Delivers Extreme Performance
Helps Tier One Financial Institutions Comply with Increasingly Stringent Regulations, such as Basel III

Completed performance testing with Oracle Reveleus Basel II on the Oracle Exadata Database Machine X2-2 computed risk-weighted asset calculations on 65 million exposures in only 1 hour and 29 minutes. This reflects the exposures typically found in the worldÂ’s largest diversified financial institutions, such as the Bank for International SettlementsÂ’ (BIS) Advanced Internal Ratings-Based (AIRB) approach. Such results demonstrate that global financial institutions can dramatically reduce the lead times required to perform key analyses like stress testing, liquidity risk management and profitability and respond to increasing regulator demands, like Basel III. Oracle notes further that, the extreme performance on Oracle Exadata Database Machine X2-2 also creates new flexibility to help institutions comply with increasingly complex regulatory processes for capital requirements that often require multiple resubmissions with changes to assumptions and calculations. Oracle Reveleus Basel II is part of the Oracle Financial Services Analytical Applications family of Risk, Finance, Compliance and Customer Insight solutions, and currently used by demanding tier-one institutions around the world.
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