Helm Bank, a Colombian private financial institution, has selected Oracle software and hardware to run its core banking, customer facing services and marketing functions.
Helm Bank’s platform includes Oracle FLEXCUBE Universal Banking running on Oracle Exadata Database Machine which delivers extreme performance. Oracle Exadata is the only database machine that provides extreme performance for both data warehousing and online transaction processing (OLTP) applications, making it the ideal platform for consolidating onto private clouds.
Helm Bank will also implement Oracle’s Siebel CRM to streamline customer data management and enable superior customer service.
Helm Bank also selected Oracle Financial Management Services, Oracle Database 11g, Oracle WebLogic Suite, Oracle Business Intelligence, Oracle Identity Management and Oracle SOA Suite.
“We selected Oracle to help us to speed up our time to market for new products, as well as for Oracle’s reputation and performance. Also, with these next-generation tools, we expect to continue to improve operational risk, automation level and customer satisfaction and loyalty,” said Jorge Acevedo, chief information officer, Helm Bank.
“Helm Bank’s selection of Oracle software and hardware is testimony to the extreme performance this system delivers to the financial services industry. We are pleased to play a key role in Helm Bank’s success,” said Frank Brienzi, senior vice president and general manager, Oracle Financial Services.