Chartis Names Oracle Category Leader for Financial Crime Risk Management

Chartis Names Oracle Category Leader for Financial Crime Risk Management

September 25th, 2017

Press Release

Chartis Names Oracle Category Leader for Financial Crime Risk Management

Oracle is only company identified by Chartis as a category leader across all five proficiencies including anti-money laundering

Redwood Shores Calif—Sep 25, 2017



Oracle Financial Crime and Compliance Management (FCCM) has been named a category leader for solutions in Anti-Money Laundering (AML), Enterprise Fraud, Know Your Customer (KYC), Watchlist Monitoring and Trader Surveillance by Chartis Research. Oracle is the only company to be identified by Chartis as a category leader in all five financial crime risk management categories.
 
“Our placement on the Chartis Research report re-affirms our status as a best-in-class provider with an unmatched array of services, and is reflective of the meticulous attention we place on our FCCM solutions,” said Oracle Financial Services Analytical Applications Group Vice President and General Manager Ambreesh Khanna. “We are at a time of renewed focus on anti-money laundering precautions and we take great pride in assuaging customers’ concerns through exemplary offerings. Oracle offers an un-paralleled, comprehensive solution set for financial crime risk management systems and we look forward to further strengthening this toolset.”
 
“I’m extremely pleased that our intense focus on improving detection effectiveness and the efficiency of case investigations is being validated in the industry,” said Oracle Financial Crime and Compliance Management Vice President Sunil Mathew. “There is a great new interest in applying cutting-edge detection technologies such as Machine Learning and Graph Analytics across all of these risk areas and having the strength of Oracle’s technology R&D behind our applications team has helped differentiate our approach in the marketplace."
 
The Chartis Financial Crime Risk Management Systems Market Update 2017 analyzes an environment that faces a significant level of disruption from new vendors, many of which are exploiting new technologies. The Chartis methodology takes into account the full breadth of risk management tools truly needed to run an enterprise-wide solution, taking a holistic view of the technology, tools and techniques used.
 
The report also features the Chartis RiskTech QuadrantTM to better illustrate vendor landscape. This quadrant utilizes a comprehensive methodology formed through in-depth independent research and a scoring system that explains which technology solutions best meet an organization’s needs. It provides an exhaustive and in-depth look at the best AML, fraud technology, KYC, watchlist monitoring and trader surveillance solutions available in today’s marketplace, with Oracle ranking as a category leader in every section.
 
“Oracle demonstrates strong, across-the-board leadership, emerging as a category leader in all five risk categories we investigated,” said Sid Dash, Research Director at Chartis Research. “They demonstrated a strong and well-focused set of product functionality and technological capability, along with impressive breadth and depth of services and delivery capacity, backed up by a strong support infrastructure.”
 
Download an executive summary of the Chartis Financial Crime Risk Management Systems Market Update 2017 Report here.


Contact Information
Alex Moriconi
Oracle
+1-650-607-6598
 
About Oracle
The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at http://cloud.oracle.com.
 
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
 
About Chartis
Chartis is the leading provider of research and analysis on the global market for risk technology, and is part of InfoPro Digital. Chartis's goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
 
RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are registered trademarks of Chartis Research (http://www.chartis-research.com).



Source: Oracle Database – Chartis Names Oracle Category Leader for Financial Crime Risk Management

Oracle Announces Java SE 9 and Java EE 8

September 22nd, 2017

Press Release

Oracle Announces Java SE 9 and Java EE 8

Sets Stage for Faster Releases and More Open Source Engagement

Redwood Shores, Calif.—Sep 21, 2017



Oracle today announced the general availability of Java SE 9 (JDK 9), Java Platform Enterprise Edition 8 (Java EE 8) and the Java EE 8 Software Development Kit (SDK). JDK 9 is a production-ready implementation of the Java SE 9 Platform Specification, which was recently approved together with Java EE 8 in the Java Community Process (JCP). Java SE 9 provides more than 150 new features, including a new module system and improvements that bring more scalability, improved security, better performance management and easier development to the world’s most popular programming platform. Java EE 8 modernizes and simplifies the Java EE platform for the cloud and microservices with updates to eight major specifications.

Java SE 9

The defining feature of Java SE 9 is the Java Platform Module System, also known as Project Jigsaw, which makes it easier for developers to reliably assemble and maintain sophisticated applications. The module system also makes the JDK itself more flexible, allowing developers to bundle just those parts of the JDK that are needed to run an application when deploying to the cloud.

“Java SE 9 is the result of industry-wide development involving open review, weekly builds and extensive collaboration between Oracle engineers and members of the worldwide Java developer community via the OpenJDK Community and the JCP,” said Georges Saab, vice president of development for the Java Platform Group at Oracle. “This version of Java SE will provide millions of developers the updated tools they need to continue building next-generation applications with ease, performance and agility.”

The OpenJDK Community is where a diverse set of contributors have collaborated for more than ten years on an open-source implementation of the Java SE platform. Other key features in Java SE 9 include:

  • jshell, which delivers an interactive Read-Eval-Print-Loop tool that makes it easy for developers to explore APIs and try out language features.
  • Improved Javadoc, which makes it easier for developers to learn new APIs by including a search function within the API documentation itself, as well as information on which module defines each class or interface.
  • Streams API enhancements, which improve developer productivity by adding methods to conditionally take/drop items from a Stream, iterate over a Stream’s elements, and create a Stream from a nullable value while expanding the set of Java SE APIs that can serve as sources for Streams.

For the full list of features introduced in JDK 9, please visit this page.

Oracle has also announced several changes to how Java SE and Java EE will be developed and released going forward.

For Oracle Java SE, Oracle is planning to move to a 6-month release cadence using a time driven release model rather than a feature driven release model. With that change, Oracle will also be providing OpenJDK builds under the General Public License (GPL). Finally, Oracle will be contributing previously commercial features to OpenJDK such as Java Flight Recorder in Oracle JDK with the goal of making Oracle JDK and OpenJDK more aligned. 

Java EE 8

Oracle has also announced its intention to move Java EE technologies to the Eclipse Foundation, in collaboration with other vendors and the community. Oracle, Eclipse and other community members are now working out the details behind the technology transfer and ongoing governance and process within the Eclipse community.

"Today’s major release of the Java Platform Enterprise Edition is one we think developers are going to be excited to use and by open sourcing Java EE technologies to the Eclipse Foundation, we have set it up for ongoing success in the future," said Mike Lehmann, vice president of product management, Oracle. "Oracle is committed to working with the Java EE community and the Eclipse Foundation to continue enterprise Java innovation, support and evolution."

Key features in Java EE 8 include:

  • HTTP/2 support in Servlet 4.0
  • New JSON binding API and various enhancements in JSON-P 1.1
  • Expansion of JAX-RS to support Server-Sent Events and a new reactive client API
  • New security API for cloud and PaaS based applications
  • Multiple CDI enhancements including support for asynchronous events

For a full list of features included in Java EE 8, please visit this page.

Java is the world’s most popular programming language, with over 12 million developers running Java and more than 1 billion downloads each year. Java is also the #1 developer choice for cloud, with over 21 billion cloud-connected Java virtual machines.


Contact Info
Alex Shapiro
Oracle
4156085044

alex.shapiro@oracle.com

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at www.oracle.com.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation. 


Talk to a Press Contact

Alex Shapiro

  • 4156085044


Source: Oracle Database – Oracle Announces Java SE 9 and Java EE 8

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