Free press releases distribution network?

More news: Software
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!



China’s Ping An Bank Goes Live on Oracle FLEXCUBE Core Banking Solution - Next generation core banking system provides technology platform for growth, innovation and customer centricity (NASDAQ: ORCL) - Oracle.com
China’s Ping An Bank Goes Live on Oracle FLEXCUBE Core Banking Solution

 

PRZOOM - /newswire/ - Redwood Shores, CA, United States, 2012/01/11 - Next generation core banking system provides technology platform for growth, innovation and customer centricity (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!


 

Oracle Financial Services Software and Ping An Bank have announced that globally successful core banking solution, Oracle FLEXCUBE, has been implemented at Ping An Bank in China. 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.

Ping An Bank, a joint stock commercial bank, is a strategic part of China’s Ping An Group and a critical component of the group’s integrated financial services offering. The bank is headquartered in Shenzhen, China with branches and outlets in 10 major cities in China. The bank aims to be a leading player in the Chinese financial services industry by providing differentiated products and services with world-class management capability.

The bank embarked on a six-month product selection process including Chinese and global core banking systems. The bank selected Oracle FLEXCUBE in March 2010 after a multi-step evaluation.

Ping An Technology, the subsidiary of Ping An Group, is the general system integrator of this project. The implementation required only 18 months to complete from system selection to production, including the localization of the international core banking system for Chinese banking requirements -- hailed as a milestone in the Chinese financial service industry. This success illustrates Ping An Technology’s exemplary planning and implementation skills and profound understanding of the banking business.

Oracle FLEXCUBE, integrated with Ping An Group's IT platform, has enabled the group-wide platform to meet the objectives of increased cross-selling to customers and expansion of business.

Oracle FLEXCUBE enables bank users to update and amend product offerings quickly, helping the bank to offer new and innovative products to the market ahead of the competition. In the past, development of new products had to be scheduled through IT processes, which took months or up to a year to complete. With Oracle FLEXCUBE, product development has been reduced to only a few weeks.

Supporting Quotes
Xie Yonglin, Vice President, Ping An Bank, said: “Business transformation led by technology and process is essential for financial institutions to improve service levels, operational performance, management capability and competitive advantage. The successful operation of the new core system was not only proof of our strategy for the project implementation, but also showcased our excellent spirit of team work. Ping An’s corporate culture has been well displayed and greatly enforced in the project.”

Frank Brienzi, Senior Vice President and General Manager, Oracle Financial Services, said: “The successful implementation of Oracle FLEXCUBE at Ping An Bank substantiates our value proposition for the Chinese financial services industry. Delivering such a complex and critical business transformation would not be possible without proper investments in our local service and product development. We are very pleased with the outcome at Ping An Bank.”

Supporting Resources
• Oracle FLEXCUBE Core Banking;
• Oracle FLEXCUBE Direct Banking;
• Oracle FLEXCUBE Private Banking;
• Oracle FLEXCUBE Investor Services;
• Oracle in Financial Services;
• Oracle Financial Services Analytical Applications;
• Follow Oracle Financial Services on Twitter;
• Join the Oracle Financial Services Community on Facebook;
• Subscribe to the Oracle Financial Services YouTube channel,

About Ping An Bank
Ping An Bank is a joint-stock commercial bank as an important part of China Ping An Group. Headquartered in Shenzhen, the bank currently has outlets in 10 major cities of China. With integrated financial service platform supported by Ping An Group, and centered around the concept of Profession, Value and Innovation, the bank aims to be a leading player in Chinese financial services industry by providing differentiated products and services with world-class management capability.

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

About Oracle in Industries
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.

Trademark
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!


 

Agency / Source: Oracle Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire 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!


China’s Ping An Bank Goes Live on Oracle FLEXCUBE Core Banking Solution

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 PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Oracle Corporation |
Contact: Caroline Yu Vespi - Oracle.com 
+1 650-506-8920 caroline.yu[.]oracle.com
 
PRZOOM / PRTODAY - Newswire Today 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 Press Releases From Oracle Corporation / Company Profile


Read Software Most Recent Related Press Releases:

NAKIVO Announces Support for vSphere 6.5 and Adds Skip Swap File in the Upcoming v7
Noble Composer v11 Upgrades Agent Efficiency
Xactly Introduces Commission Expense Forecasting Solution for Finance
LogiNext, a Jack Ma Funded Company Enters Indonesia's Booming Logistics Market
RNSS Celebrates 20 Years As A SYSPRO Partner
SKECHERS Uses Oracle to Localize Assortments As They Grow Their Retail Presence
Metatron, Inc. Announces Strategic Move into the Areas of Mobile Encryption, and Virtual Reality for its Mobile Development Business
Belk, Hot Topic and Torrid Choose Oracle Retail Stores Solutions to Unify Brand Experiences
Infor Continues Significant Growth in Retail
Infinera Transforms Subsea Networks to Cloud Scale with New DTN-X Platforms

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  1Click Games

Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | 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 entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today