TMCnet News

Oracle Financial Services Lending and Leasing Cloud Service Offers Complete Lifecycle Processing for Asset-Based Lending and Leasing
[September 29, 2014]

Oracle Financial Services Lending and Leasing Cloud Service Offers Complete Lifecycle Processing for Asset-Based Lending and Leasing


(Marketwire Via Acquire Media NewsEdge) BOSTON, MA and SAN FRANCISCO, CA -- (Marketwired) -- 09/29/14 -- SIBOS and ORACLE OPENWORLD, SAN FRANCISCO -- Oracle (NYSE: ORCL) News Summary Asset-based lending institutions are challenged by changes in regulations and shifts in customer expectations. To keep pace, compete, and win the business, these institutions need instant access to a solution that enables a quick response and improves the accuracy of credit decisions. Oracle Financial Services Lending and Leasing Cloud answers this call with an easy-to-use solution for originations, servicing and collections that delivers performance and security from a scalable, high-performing single platform in the cloud.



News Facts Oracle today introduced Oracle Financial Services Lending and Leasing Cloud, combining the power of Oracle's comprehensive, industry-leading lending and leasing solution with the simplicity, elasticity and security of Oracle Cloud and empowering lending institutions to grow and improve profitability of their core lending business. Oracle Financial Services Lending and Leasing Cloud provides customers with complete consumer lending operations and lifecycle processing, from origination to servicing and collections -- delivering accurate, actionable information from a single data source to help lending institutions make faster and more-informed decisions about loans, reduce risk, effectively manage the loan lifecycle, and manage delinquencies and losses. Lending institutions can provide faster and more consistent access to credit decisions and improved revenue generation and collection strategies, with a seamless customer experience -- all from a scalable, high-performing and secure cloud service. The cloud service offers lending institutions complete support with IT operations, infrastructure administration with disaster recovery and application maintenance services on one extensible architecture platform, delivering unprecedented scalability, performance, and security while helping to reduce IT risk and complexity and lower total cost of ownership. Oracle Financial Services Lending and Leasing Cloud supports out-of-the-box integration with standard cloud-based predictive dialers for improved collections functionality, helping financial institutions to improve user productivity in servicing and collections. The cloud-based version also features a new highly intuitive interface that supports context-based account and customer sessions and streamlines navigation to help boost productivity.Supporting Quotes"With the Oracle Financial Service Lending and Leasing Cloud, asset-based lending institutions can focus entirely on building the book and reducing time to market. Leading consumer finance brands and in-house finance divisions can efficiently originate and service the business from customers and partners," said Sonny Singh, senior vice president and general manager, Oracle Financial Services.

Supporting Resources Oracle Financial Services Oracle Financial Services Lending and Leasing Cloud Service Follow Oracle Financial Services on Twitter Join the Oracle Financial Services Community on Facebook Follow the Oracle Financial Services blog Subscribe to the Oracle Financial Services YouTube channelAbout Oracle Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.


About Oracle OpenWorldOracle OpenWorld San Francisco is the most important business and technology conference of the year for Oracle customers, prospective customers, and partners. This educational conference is dedicated to helping businesses optimize existing systems and understand upcoming industry trends and breakthroughs driven by technology. Oracle OpenWorld offers more than 2,700 educational sessions, hundreds of demos and hands-on labs, and exhibitions from more than 450 partners and customers from around the world showcasing applications, middleware, database, server and storage systems, industries, management, cloud, and infrastructure solutions -- all engineered for innovation. Oracle OpenWorld 2014 is being held September 28 through October 2 at the Moscone Center in San Francisco. For more information; to register; or to watch Oracle OpenWorld keynotes, sessions, and more, visit www.oracle.com/openworld. Join the Oracle OpenWorld discussion on Twitter, Facebook, and the Oracle OpenWorld blog.

About JavaOneThe JavaOne conference brings together Java experts and enthusiasts for an extraordinary week of learning and networking focused entirely on all things Java. With more than 550 sessions covering topics that span the breadth of the Java universe, keynotes from foremost Java visionaries, tutorials, and expert-led hands-on learning opportunities, JavaOne is the world's most important event for the Java community. Join the JavaOne discussion on Twitter, Facebook, LinkedIn, and the JavaOne blog.

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

Contact Info Valerie Beaudett Oracle +1.650.400.7833 Email Contact Mary Tobin O'Keeffe & Company +1.503.658.7396 Email Contact Source: Oracle Corporation

[ Back To TMCnet.com's Homepage ]