Qubee launches “Tag a Friend, Bag a Discount” – Consumer loyalty drive

On Friday, 18th March 2011, Qubee launched a reward program for its users, giving them the opportunity to avail a 20% discount on their monthly bill for 3 months. 

“We at Qubee believe in delighting our customers’ everyday with not only a service that is centered on his/her daily internet needs but also with promotions & features that add value to your daily Qubee experience. 

Moreover, with “Tag a Friend, Bag a Discount”, we would like to reward our customers for choosing Qubee as their choice for reliable internet,” said the Chief Marketing Officer of Qubee, Mr. Hashim Sheikh. 

To avail this discount all a customer has to do is refer a friend to Qubee with his or her given Qubee account number and they will automatically be entitled to the mentioned discount of 20% in their next month’s Qubee bill. 

On the occasion, Mr. Hashim Sheikh also mentioned that the promotion is due to conclude on the 18th of April 2011.

Oracle’s Enterprise Cloud Summit Concluded

Oracle in collaboration with Intel recently organized an “Oracle Enterprise Cloud Summit” to underline how Oracle Cloud offerings can help organizations improve efficiency and profitability while reducing costs. The highly available cloud computing platform is a natural evolution of datacenter trends including virtualization, consolidation, and shared services. Seen in the picture (Front row - 2nd from right) Ahsen Javed, Managing Director, Oracle Pakistan and South Asia Growth Economies – West with Mr Naveed Siraj , Country Manager , Intel Pakistan Corporation (First Row-1^st  from right) along with other Oracle Executives present on the occasion.

Oracle Financial Services Profitability Management Running on Oracle Exadata® Database Machine Delivers Extreme Performance for Profitability Measures

Completed performance testing with Oracle Financial Services Profitability Management running on the Oracle Exadata® Database Machine has delivered outstanding results for calculating profitability measures at extreme speed. 

Oracle Financial Services Profitability Management running on the Oracle Exadata Database Machine computed profitability for 172 allocation rules across 250 million accounts and more than 1 billion transactions in only 4 hours and 45 minutes. 

These results show it is now practical to generate detailed profitability reports at the account level on a daily, even intra-day basis. The data represents industry-leading performance for volumes reflective of the largest tier-one global financial services institutions. 

Performance testing was completed using a full-rack Oracle Exadata Database Machine running Oracle Database 11g and Oracle Real Application Clusters. The application tier was installed on Oracle's Sun SPARC Enterprise M9000 server running Oracle Solaris to drive the load. 

“The performance testing of Oracle Financial Services Profitability Management running on the Oracle Exadata Database Machine clearly demonstrates the analytical processing power that financial services institutions can leverage to drive profitability and efficiency. With the ability to capture a daily view of profitability and risk-adjusted performance management, banks can make more timely, informed decisions to tightly manage their businesses,” said S. Ramakrishnan, general manager and group vice president, Oracle Financial Services Analytical Applications. 

Need for High-Performance in Measuring Profitability

Recovering from the financial crisis with tighter regulatory controls, laws limiting bank fees, and slower revenue growth, financial services institutions are increasingly focused on operational gains and improving efficiency. Proactively managing these business demands requires a more timely view of costs and profitability -- beyond merely reacting to monthly reporting requirements. 

The performance gains achieved when running Oracle Financial Services Profitability Management on the Oracle Exadata Database Machine enable bank executives to quickly assess the profitability of new products and make necessary adjustments to easily obtain a daily view of the costs allocated to managing individual portfolios of services for customers and to immediately respond to market realities and changing rates. 

Oracle Financial Services Profitability Management is part of the Oracle Financial Services Analytical Applications family of Risk, Finance, Compliance and Customer Insight solutions and is currently in use with tier-one financial institutions around the world. 

Supporting Resources

Oracle in Financial Services
Oracle Financial Services Analytical Applications
About Oracle Exadata Database Machine X2-2
Follow Oracle Financial Services on Twitter
Join the Oracle Financial Services Community on Facebook
Subscribe to the Oracle Financial Services YouTube channel

About Oracle Financial Services Software

Oracle Financial Services Software Limited (referred to as "Oracle Financial Services Software") (Reuters: ORCL.BO & ORCL.NS) is a world leader in providing products and services to the financial services industry and is a majority owned subsidiary of Oracle. Oracle (NASDAQ: ORCL) is the world’s most complete, open and integrated business software and hardware systems company. For more information, visit www.oracle.com/financialservices 

About Oracle 

Oracle (NASDAQ: ORCL) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, visit oracle.com 

Trademark

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

Oracle Introduces Oracle Financial Services Data Warehouse

The First Pre-built, Comprehensive and Readily Deployable Financial Services Data Warehouse is Now Certified for Oracle Software and Oracle Exadata Database Machine

Oracle recently unveiled Oracle Financial Services Data Warehouse which offers financial institutions the ability to readily access crucial information across the entire organization. 

Built on years of global tier-one financial services domain experience, the Oracle Financial Services Data Warehouse is a new approach to data modeling and data warehousing – one that is pre-built for rapid deployment, purpose-built for end-use decision making and designed to specifically address the complex and cross-functional analytical challenges of global financial institutions. 

By leveraging Oracle Financial Services’ deep domain experience in global tier-one institutions, customers can leverage the extreme performance, scalability and manageability of Oracle® Exadata Database Machine to process complex analytical scenarios previously thought impractical and deliver answers faster than ever before. 

“Next generation data warehouse initiatives in financial services demand a new approach that starts with the end use in mind – the focus now shifts from the indiscriminate, tedious capture and stewardship of all data, to the speed and specific context in which comprehensive decisions must now be made,” said S. Ramakrishnan, Group Vice President and General Manager, Oracle Financial Services Analytical Applications. 

“Oracle’s deep financial services domain experience, coupled with Exadata, has allowed us to develop a fully realized, solution-driven, high performance platform that is ready to deploy and meets today’s regulatory requirements and liquidity challenges,” he added. 

The Oracle Financial Services Data Warehouse has been developed to specifically address an institution’s analytical needs in risk, finance, compliance and customer insight. 

Supporting Resources

· About Oracle Financial Services Data Warehouse

· Second Annual Oracle Financial Services Forum featuring Mark Hurd

· Follow Oracle Financial Services on Twitter

· Join the Oracle Financial Services Community on Facebook

· Oracle in Financial Services

· About Oracle Exadata Database Machine

About Oracle Financial Services Software Limited

Oracle Financial Services Software Limited (referred to as "Oracle Financial Services Software") (Reuters: ORCL.BO & ORCL.NS) is a majority owned subsidiary of Oracle. Oracle Corporation (NASDAQ: ORCL) is the world's largest business software company. For more information, visit www.oracle.com/financialservices.

About Oracle

Oracle is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

Trademarks

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