Rizal Commercial Banking Corporation (RCBC), one of the Philippine’s top five largest private domestic banks, today announced the wide range deployment of Oracle solutions.

The implementation of the Oracle E-Business Suite Release 12, Oracle Database 11g, and Oracle Fusion Middleware will provide RCBC best-in-class and reliable technology tools to effectively manage complex business operations, streamline processes, enhance decision-making, support growth, and lower IT cost.

After assessing its primary requirements and evaluating solutions available in the market, RCBC believed that the rich functionalities offered by the Oracle E-Business Suite Release 12 will help manage the complexities of the global business environments. The key modules that will be deployed include the Oracle E-Business Suite Financials, Oracle Internet Expenses, Oracle iProcurement, Oracle Purchasing and Oracle Inventory Management. With the Oracle E-Business Suite Release 12, RCBC expects improved efficiencies in key business functions including finance, travel spend management, purchasing, inventory management, and procurement.

RCBC expects to take control of its rapid data growth, gain better insight and quickly adapt to its competitive environment with Oracle Database 11g. Oracle Database 11g delivers superior performance, scalability, availability, security and ease of management on a low-cost grid of industry standard storage and servers. Its unique ability to manage all data from traditional business information to XML and 3D spatial information makes it the ideal choice to power transaction processing, data warehousing, and content management applications.

RCBC will also benefit from Oracle Fusion Middleware products designed to work together and be hot-pluggable with existing application and technology investment. These products include Oracle Business Intelligence Standard Edition One and Oracle Data Integrator Enterprise Edition.

Oracle Data Integrator Enterprise Edition will provide RCBC’s IT infrastructure with a high performance ELT architecture. A component of Oracle Fusion Middleware, Oracle Data Integrator Enterprise Edition will meet RCBC’s data integration needs for data warehousing and business intelligence. In the future, RCBC intends to incorporate Oracle Data Integrator Enterprise Edition into their enterprise information management initiatives to improve data quality and deploy data services in an SOA environment.

“RCBC recognizes the critical role of IT in the overall performance of the company. We are confident that with Oracle, we are investing in the right technology and working with the right partner,” said Dennis Bancod, Executive Vice President and Information Technology and Operations Group Head, RCBC. “By moving to Oracle, we expect to boost our operational productivity as well as our competitive advantage.”

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