Oracle adds Basel II functionality to its compliance platforms.

Oracle, the world’s largest software company based in Redwood Shores, California, has added the Reveleus Basel II solution to Oracle’s enterprise risk management and compliance platforms.

The addition of the solution is expected to enrich the functionality of Oracle enterprise risk management solutions to deliver a robust solution for the financial services industry.

Oracle will resell and jointly market the Reveleus Basel II solution to the financial services industry. The solution enables institutions to address evolving regulatory initiatives, such as Basel II, which is being adopted by financial institutions worldwide.

Reveleus provides banks with credit; market and

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