Oracle Named a Category Leader for Data Integrity and Control by Chartis Research

Recognizes Oracle Financial Services' Completeness of Offering and Market Potential

News provided by

Jul 16, 2018, 08:00 ET

REDWOOD SHORES, Calif., July 16, 2018 /PRNewswire/ -- Today Oracle Financial Services announced it has been named by Chartis Research as a Category Leader for Data Integrity and Control (DI&C) on Chartis' FinTech Quadrant for DI&C solutions in Financial Services.

For its report Data Integrity and Control in Financial Services 2018, Chartis considered two key dimensions when evaluating vendors: completeness of offering and market potential. Oracle's positioning in the quadrant highlights its depth and breadth of functionality, technology and content.

"We are proud to be recognized by Chartis as a category leader for our data integrity and control capabilities," said Ambreesh Khanna, Group Vice President, Financial Services Analytical Applications, Oracle Financial Services. "As the volume of data and number of industry regulatory requirements keeps growing, financial institutions are in need of robust data governance, quality and controls more than ever before. Our placement on the quadrant re-affirms our status as a best-in-class provider with an unrivaled array of services and capabilities, and we are committed to continuously strengthening our toolset."

By positioning Oracle as a category leader, Chartis recognizes the range and diversity of its offerings, its sector coverage, and the financial strength it has to absorb demand volatility in specific industry sectors or geographic regions. Chartis also rated Oracle for its strong alliance strategies with leading consulting firms and systems integrators.

"Oracle combines deep domain knowledge in various risk topics with strong technology assets and capabilities," said Rob Stubbs, Head of Research at Chartis. "The company is positioned to address a range of needs, from complex risk management and technology to standardized and integrated solutions."

The 2018 market report by Chartis examines how the dynamics in this space have shifted since its last update in 2016, and the implications for Financial Institutions and technology vendors. The FinTech Quadrant is a proprietary methodology developed specifically for the financial technology marketplace. It takes into account vendors' product, technology and organizational capabilities.

Chartis' FinTech Quadrant reports are written by experienced analysts with hands-on experience of selecting, developing and implementing financial technology solutions for a variety of international companies in a range of industries including banking, insurance and capital markets. The findings and analyses in the FinTech Quadrant reports reflect their analysts' considered opinions, along with research into market trends, participants, expenditure patterns, and best practices.

More information and a copy of the full report can be found on Chartis' website here.

About Chartis
Chartis is a research and advisory firm that provides technology and business advice to the global financial services industry. Chartis provides independent market intelligence on market dynamics, regulatory trends, technology trends, best practices, competitive landscapes, market sizes, expenditure priorities, and mergers and acquisitions. Chartis' FinTech Quadrant reports are written by experienced analysts with hands-on experience of selecting, developing and implementing financial technology solutions for a variety of international companies in a range of industries including banking, insurance and capital markets.

About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

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

SOURCE Oracle