Authored on: Jan 27, 2012
Financial reform is pervasive and increasingly more demanding. Its core goal is the reduction of systemic risk through greater transparency, with regulators driving fundamental changes in the depth and breadth of data points needing to be collected and managed to meet progressively complex near-time and real-time reporting requirements.
These trends are creating demands on IT that traditional technology solutions cannot meet. The convergence between real-time processing and near/real-time complex analytics places incompatible demands on traditional data management technologies and approaches. The Oracle Exadata Database Machine delivers the step change required to address these challenges and sits at the heart of Oracle's transaction processing and data management approach for capital markets.