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Home » Why 70%+ of Oracle Financial Services Customers are Looking at Modernization
Financial Services

Why 70%+ of Oracle Financial Services Customers are Looking at Modernization

Industry Cloud Battleground Week Moment
Sara CordovaBy Sara CordovaFebruary 8, 2022Updated:March 1, 20221 Min Read
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You’re watching a top moment from the Industry Cloud Battleground Week highlighting the financial services industry. This five-day digital event, which premiered in November 2021, delivered insights to inspire, educate and engage business and technology leaders who are actively defining their industry-specific cloud strategy. 


Highlights

00:09 – Over 70% of Oracle’s customers are looking into some type of investment in finance modernization.

00:20 – The traditional chart of corporate finance has been flipped—transaction processing was at the bottom, reporting was in the middle, and providing insights, and counsel, was at the top.

00:53 – Organizations can use automation, AI, and machine learning to take the time, energy, and resources away from the traditional transaction processing and reporting.


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Sara Cordova

Sara Cordova is an Online Editor for Acceleration Economy, with backgrounds in technical communication and global sustainability as well as a passion for women in tech.

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