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Combining Industry Expertise, Vertical, Horizontal Solutions | Oracle Industries EVP Mike Sicilia on Financial Services
How Oracle Brings Horizontal, Vertical Solutions to Bear for Financial Services Industry
The Big Themes:
Shifting needs for financial services companies: Generational shifts are taking place, explains Sicilia. Traditionally, banks have "built a lot of it themselves on top of bespoke systems." As such, it can become expensive and "non-elastic" to maintain these systems. The combination of Oracle's ERP and its core banking system is something that big banks are leaning into very heavily.
Fusing horizontal and vertical capabilities into one: In order to provide customers with the right "mix,"…
The skinny
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