Reveleus Becomes Oracle's Basel II Offering
Sify.com on May 03, 2006
Oracle's agreement to resell Reveleus's software suite as its Basel II application is helping the Indian company make headway in the U.S. and Canadian financial compliance markets. The company CEO says that Reveleus is working closely with Oracle's sales team to bring the products to market with a model that will benefit both companies. The software incorporates the calculations that Basel II requires with the pre-built structure to store them. It also simplifies the "multi-jurisdictional implementations" that global firms like Citibank must make.
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