Authored on: Jan 27, 2012
Financial Services Institutions worldwide are operating in an unprecedented environment. Over the last 20 years, the scale and complexity of the average financial services institution, be it in banking, capital markets or insurance has increased exponentially.
This Oracle Financial Services whitepaper will examine the traditional approaches to data warehousing that were in place during the recent financial crisis (many of which remain even to this day) and how many of them failed to meet the demands during this critical period.
We will then examine the resulting requirements and marketplace demands that are driving this new complexity and then we will examine a next generation approach designed to eliminate these problems in the future.