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Feb 01, 2019 (Euclid Infotech Ltd by means of COMTEX) -- Oracle these days introduced Oracle ERP Cloud has been named a leader in Gartners Magic Quadrant for Cloud ERP for Product-Centric Midsize firms research file. Out of 14 items evaluated, Oracle ERP Cloud is listed because the handiest leader in the Gartner evaluation. A complimentary copy of the report is obtainable here.

Gartner notes that Leaders demonstrate a market-defining imaginative and prescient of how ERP product-centric techniques and methods may besides live supported and superior with the aid of poignant them to the cloud. They pair this with a limpid means to execute this imaginative and prescient via products, capabilities and go-to-market thoughts. they bear a robust presence in the market and are starting to live their revenues and market shares. within the cloud ERP suite market, Leaders display a consistent means to win offers with companies of distinctive sizes, and bear a distinguished depth of performance throughout replete areas of operational and administrative ERP. they bear got diverse proofs of successful deployments via shoppers based of their domestic vicinity and somewhere else. Their choices are commonly used by gadget integrator partners to advocate company transformation initiatives.

Our focus on creating a complete and ingenious financial, operational, manufacturing and supply chain solution delivered natively on the Cloud is helping organizations of replete sizes and across replete industries coerce superior industry results, referred to Rondy Ng, senior vice president, Oracle applications building. they are proud to deliver on their guarantees for Oracle ERP Cloud and are very blissful to live identified by means of Gartner as the sole chief in this report. They dependence this acknowledgement further validates Oracles commitment to providing continuous innovation in their market-leading ERP Cloud for their customers.

Oracle ERP Cloud contains finished ERP capabilities across Financials, Procurement, and challenge Portfolio administration (PPM), as well as enterprise performance management (EPM), and Governance risk and Compliance (GRC). at the side of deliver Chain administration (SCM) and endemic integration with the broader Oracle SaaS portfolio for Human Capital management (HCM) and customer journey (CX), Oracle offers purchasers a pragmatic, business-driven, speedy adoption course ahead.

Oracles extensive portfolio of fiscal management and planning cloud choices bear garnered trade recognition. Oracle ERP Cloud was named a frontrunner in Gartners most recent Magic Quadrant for Cloud Core fiscal administration Suites for Midsize, huge and international organisations, while Oracle was additionally positioned within the Leaders quadrant for the 2018 Magic Quadrant for Cloud pecuniary Planning and analysis options and within the 2018 Magic Quadrant for Cloud economic nigh options.


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Partnership Integrates Arachnys' client risk Intelligence Platform With Oracles FSFCC solutions to accelerate AML Compliance Investigations, Streamline KYC Onboarding, and Create Agile customer casual Scoring

big apple, the tall apple / ACCESSWIRE / January 29, 2019 / Arachnys, the chief in customer casual Intelligence (CRI) solutions for client Onboarding, live cognizant of Your client (KYC), client Due Diligence & enhanced Due Diligence (CDD/EDD) and Anti funds Laundering (AML), nowadays introduced it really is has rotate into an Oracle PartnerNetwork (OPN) Platinum plane member with the Arachnys client casual Intelligence (CRI) suite.

The partnership launches with Arachnys / Navigator, a portion of the Arachnys cloud-native CRI platform, as the first avow deliberate for integration to additional enhance Oracle's fiscal capabilities monetary Crime and Compliance management (FCCM) solution suite. With this integration, Oracle will tender its customers extra capabilities to enhance the due diligence system, including entry to the broadest, cloud-based mostly content library exclusively tailor-made for fiscal crime investigations and KYC profile list completion.

Arachnys / Navigator allows analysts to dynamically monitor for irascible news and entity profile information for unique shoppers at customer onboarding and related events inside transaction monitoring investigations. making expend of this assistance provides a more rectify realizing of the risks throughout entities for extra prudent and proactive risk decisioning, while ensuring Oracle purchasers superior auditability, compliance and policy conformance across investigations.

''The open architecture, possibility capabilities administration, and finished capabilities of the customer casual Intelligence platform gives for each rapid integration and options for a great election of client casual evaluation expend cases,'' stated Ed Sander, President of Arachnys. ''Oracle is one in replete their most valued companions in helping establishments impulsively onboard their consumers while thwarting irascible actors.''

''The transformative potential of Arachnys' cloud-native platform stands out in the box for its capacity to accelerate salary via augmenting compliance and operations. They believe its strategy to entity facts administration is incredibly complementary to Oracle's and materialize ahead to creating expense for their shoppers in the battle towards economic crime,'' talked about Ambreesh Khanna, community vice chairman and established supervisor, Oracle pecuniary services Analytical functions.

As an Oracle Platinum plane member, Arachnys receives the capitalize of being capable of delivery constructing specializations as a pass to permit them to develop their company, raise their potential, attain bigger stages of client retention and create differentiation in the marketplace. Platinum participants besides rotate into eligible to resell replete Oracle technology items and might observe to resell Oracle purposes and industry options. moreover, they acquire access to My-Oracle pilot to aid building, demonstration and integration licenses most effective, coupon codes on practising, constrained free assessment/examination vouchers, reduced prices on the buy of Oracle licenses for inside use, discounts on advances consumer capabilities and extra. For greater tips in regards to the merits of becoming an OPN Platinum plane associate, delight consult with: http://www.oracle.com/us/partnerships/index.htm.

About Arachnys:

Arachnys is a pacesetter in client possibility Intelligence. They harness the realm's tips to empower the investigative minds that at ease their world. Their cloud-native, client casual intelligence platform allows for monetary institutions global to thwart unhealthy actors, reduce operational fees, accelerate topline revenue, subside unbecoming positives and chop back rejection and error charges. It ensures a firm's KYC, AML and CDD /EDD capabilities aid regulatory compliance demands. Arachnys' entertaining expend of RPA and ML applied sciences garnered it a 2018 ''KYC class leader'' ranking from Chartis research and placed it within the Chartis RiskTech 100, which identifies and profiles the proper one hundred RiskTech global suppliers. The company additionally garnered its inaugural rating in the RegTech 100. Arachnys is the newest member of the venture capital company QED's portfolio.

Arachnys is the registered trademark of Arachnys counsel functions, headquartered in London with places of labor in long island. The Arachnys trademarks and product manufacturers are trademarks/service marks of Arachnys. For more assistance delight seek recommendation from www.arachnys.com. comply with us on Twitter and LinkedIn.

About Oracle PartnerNetwork:

Oracle PartnerNetwork (OPN) is Oracle's companion application that provides partners with a differentiated lore to increase, sell and enforce Oracle solutions. OPN presents resources to educate and back specialized competencies of Oracle's products and solutions and has evolved to respect Oracle's starting to live product portfolio, colleague foundation and enterprise chance. Key to the newest enhancements to OPN is the capacity for companions to live diagnosed and rewarded for their funding in Oracle Cloud. partners engaging with Oracle should live capable of differentiate their Oracle Cloud talents and success with shoppers throughout the OPN Cloud application – an imaginitive software that complements latest OPN software stages with tiers of consciousness and revolutionary merits for partners working with Oracle Cloud. To find out greater talk over with: http://www.oracle.com/partners.

emblems:

Oracle and Java are registered trademarks of Oracle and/or its associates.

Contact:

Articulate CommunicationsArachnys@articulatecomms.comUK: +44 (0)7951163615US: + 1 646 661 4223

supply: Arachnys

View source edition on accesswire.com:https://www.accesswire.com/531785/Arachnys-and-Oracle-combine-monetary-Crime-and-Compliance-solutions-to-increase-Compliance-Investigations-and-Streamline-client-Onboarding


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NO.1 When working with Essbase, versions of the tree hierarchy as defined in the Fusion notavailable in the Essbase balances cube.What should you sequel to rectify this situation?A. do sure the tree version was published successfully.B. do sure to flatten the rows of the tree version.C. do sure the tree is active.D. Redeploy the chart of accounts.Answer: D

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The integration of technology and industry processes

Sabre had implemented SAP ERP Central Component (ECC) in the early 1990s when it was soundless a portion of American Airlines, and a system upgrade was inevitable. This became an break to undergo a fundamental transformation, according to Steve Strout, Sabre's vice president of corporate technologies, who was brought into the company in May 2015 to lead the transformation, which eventually led to implementing S/4HANA.

Before the technical upgrade could begin, Strout saw the necessity to examine and change the company's industry processes. "In many great corporations, you sequel technical upgrades, but you don't always upgrade replete your industry processes," Strout said. "Sabre had gotten into that identical benevolent of mindset of doing technical upgrades, but never really going back and looking at how processes labor discontinue to end, [and] how unique best practices could live employed to ameliorate the operations."

Regardless of the technology at this point, Sabre was transforming from a company that made travel-related transactional products to one that produces a much wider purview of software products for the travel industry. The transition required a back-end system to advocate an entirely unique industry model, with requirements relish introducing unique product masters into the system, setting up unique pricing mechanisms and developing unique constrict schemes.

Strout said it was immediately evident that this couldn't live done easily with the entrenched SAP system, and there was no pass the system could scale up to meet the growing demands from the product side. The upgrade then became a casual to hold edge of the digital transformation and a unique integration of process and technology.

"For years, we've replete been taught, 'People, process and technology.' But what's emerging is that the process is the technology, and the two are so intertwined that what they are now looking at is people, data, and the process and technology together as one benevolent of entity," he explained. "We started looking at some of the platforms that could advocate the growth for the future."

Evaluating a future-proof system

Even though Sabre was running SAP ECC, it was not automatic at first that S/4HANA would live the chosen technology for the unique digital business. Strout preeminent that he had approach from BlackBerry, where he had overseen a project to replace SAP with the Workday cloud ERP platform. One of the prime requirements was to implement a system that was built for the long haul.

"I wanted to do sure that the technologies that they set aside into Sabre were going to grow with the company, so this wasn't a three- or five-year benevolent of event; this was a 15-, 20- or 30-year event," Strout said. "We looked at Oracle and Workday, but what they really wanted was for the process and the technology to live completely integrated, and I wanted to create a more prominent focus on the data."

Strout said data is the key to driving replete industry in the future -- how to access it and how to leverage it. "We really needed a system that could both process that data faster, as well as providing a hub core to connect it to everything else," he said. "I don't know what the everything else is yet. I know what I bear today, but I don't know what it's going to necessity tomorrow, so I needed to future-proof that."

After a three-month evaluation age in the summer of 2015, Strout determined S/4HANA was the best system to hold Sabre into the future.

Moving swiftly and with purpose to S/4

Once the conclusion was made to gallop to S/4HANA, Sabre wasted no time in getting the process underway, according to Strout. Contracts were signed with SAP at the discontinue of September 2015, and the transitional labor began.

The process started with integrating acquisitions Sabre had made in August 2015 in the Asia-Pacific region. "We had acquired 12 businesses in the APAC region, and they used this process as the starting point for pile the unique future," Strout said. "I created a greenfield S/4 environment, created a brand unique hierarchy, cleaned up some of the data and then migrated the acquisitions first. They went live in April [2016], and what they call the leisure of Sabre goes live in September."

For the most part, Sabre has performed the implementation on its own, Strout said.

"We did not hire a traditional systems integrator, but they hired a boutique firm, called Norstar, to bring in some very specific skills around S/4 and data integration," he explained. "We did that on purpose because I wanted to do sure that they owned the lore and the skills of how to operate this thing after the discontinue of the implementation, so they bear been doing this replete ourselves."

Because Sabre is a services company, it doesn't bear much expend for the logistics functions in ERP, so it primarily uses S/4HANA Finance -- formerly Simple Finance. This has allowed it to consolidate and streamline accounts, and bear one source of pecuniary truth, Strout said. The company pared down more than 16,000 profit and cost centers, as well as 36,000 universal ledger accounts, many of which were obsolete, dating back to Sabre's life as portion of American Airlines.

The company is running S/4HANA version 15.03 on a private cloud hosted by Virtustream, which was selected because Strout did not believe HANA Cloud Platform was ready for prime time when the process began. However, the gallop to the cloud was entirely intentional, because it fits perfectly with Strout's vision of the company being able to constantly change, innovate and absorb unique technologies.

"As time goes on, what I want to do sure what they gallop to is a SaaS model, because it forces us to continually absorb change, and we're doing that with Ariba, SuccessFactors, Fieldglass, and even Salesforce and some of the other technologies," he said. "The whole intent for me is to drive a different cultural change inside their organization to continuously recognize at how they improve, and that's a tall cultural change, at least for a company relish Sabre."

Think about the future of data before implementing

Using S/4HANA as the core of a digital industry transformation is not for everyone, and you necessity to believe carefully about how you expend data -- not only now, but several years down the road, Strout advised. The pass you expend it today may not live the pass you expend it in five years.

"If you believe you're only just going to sequel transactions and data is only the result of a transaction, and you're not really going to expend it to manage your industry or to recognize forward, then you're probably just as kindly to remain on ECC," he said. "But if you're really looking at how to drive both the data side of it, as well as the technology -- how to allow the technology and process to acquire deeply integrated, and you become a digitized company -- then S/4HANA helps you to drive replete of those pieces."

Companies that are preparing for digital transformation necessity to focus on replete the industry processes that will chance in newer technologies, rather than older ones, Strout said, relish doing transaction approvals via a Twitter feed.

"It's going to back you to live prepared for those kinds of things today," he said. "And the thing to recognize for is how kindly your data is today, how replete the systems are integrated and if you bear an end-to-end automated process for everything in your industry that you can acquire away with. You necessity to optimize every unique process, not just major ones, as the more you can automate, the more efficient things are."



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