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REDWOOD SHORES, CA--(Marketwire - 03/29/11) - Oracle (NASDAQ:ORCL - news)news information
About Oracle fiscal services software restricted Oracle monetary capabilities application confined (referred to as "Oracle fiscal capabilities application") (Reuters: ORCL.BO & ORCL.NS) is a majority owned subsidiary of Oracle. For greater suggestions, dispute with www.oracle.com/financialservices.About Oracle Oracle is the world's most finished, open, and integrated enterprise software and hardware systems enterprise. For extra information about Oracle, gratify seek advice from their internet website at http://www.oracle.com.emblems Oracle and Java are registered emblems of Oracle and/or its affiliates. FLEXCUBE, atomize of day, Mantas and Reveleus are emblems of Oracle monetary functions software and are registered in a couple of nations. other names could breathe logos of their respective owners.
Ethiopian pecuniary institution Adopts Oracle Core Banking With Oracle's SPARC Servers and Oracle's StorageTek Tape and SAN Storage to aid cross-Channel 'anywhere Any department' approach
WASHINGTON, DC--(Marketwired - Mar 25, 2015) - ORACLE industry connect -- lately established Debub international pecuniary institution (DGB) has become the newest pecuniary institution in Africa to select Oracle (NYSE: ORCL) solutions to underpin their enlargement plans. The pecuniary institution will breathe deploying Oracle FLEXCUBE customary Banking, Oracle's SPARC T5-2 server, and Oracle's StorageTek storage options to obtain its imaginative and prescient of becoming foremost-in-class within Africa's banking industry. The hardware and application solution offers the basis on which DGB can roll out its "anywhere, Any branch" move-channel approach.
"With one of the fastest starting to breathe economies in Africa and the entry of ambitious players reminiscent of Debub world bank into the finance sector, Ethiopia has the edge to become theme as a leading pecuniary middle in the location," referred to Sonny Singh, senior vice president and middling supervisor, Oracle fiscal capabilities. "by running Oracle FLEXCUBE on Oracle servers with Oracle StorageTek tape and SAN storage, DGB has a strong, scalable groundwork to wait on its growth plans and execute its 'anyplace, Any branch' routine across channels."
With Oracle FLEXCUBE, DGB will edge from consolidated client and product details throughout full banking departments. The composite of Oracle FLEXCUBE application with Oracle hardware will wait on the bank give protection to its information, in the reduction of its operational charges and improve time to market in addition to convey a much better client journey with anywhere, every time banking. additionally, Oracle Solaris is superb for the banking trade, with security features designed to without vicissitude meet and doc compliance with trade specifications responsibilities. Oracle FLEXCUBE supports funds, retail, miniature and medium-measurement commercial enterprise loans, change finance, and treasury offerings.
As portion of the rollout, Oracle Consulting capabilities and BFSI Consulting, a Gold stage member of the Oracle PartnerNetwork, will assist DGB with its implementation.
"we've a scalable and reputable basis to recognise their imaginative and prescient of fitting a best-in-type pecuniary institution in Africa," spoke of Aman Semir, IT director and CBS project manager, Debub world pecuniary institution S.C. "Debub world pecuniary institution has transformed its legacy platform to increase the consumer journey with faster time to market of recent, tailor-made product choices and power exponential consumer growth. Oracle's products will continue to serve as the spine of their pecuniary institution's IT infrastructure and gadget options."
additional information To study greater about Oracle pecuniary services or Oracle FLEXCUBE, result @OracleFS, link the Oracle fiscal features facebook community, or read the Oracle fiscal services weblog. To breathe taught greater about Oracle Hardware breathe portion of the Oracle Hardware facebook community or study the Oracle Hardware blog.
About Oracle Oracle engineers hardware and utility to toil together within the cloud and on your statistics middle. For extra suggestions about Oracle (NYSE: ORCL), seek advice from oracle.com.
trademarks Oracle and Java are registered emblems of Oracle and/or its associates. other names may breathe emblems of their respective house owners.
Oracle pecuniary capabilities application has announced a brand modern release of its Oracle Flexcube established Banking product.
in line with Oracle, Flexcube valued clientele can installation their operations according to the wants of the trade with the aid of 2,000 plus net services, 800 plus file-based feeds and greater than 900 cognomen outs for extensibility. Oracle is additionally launching the ‘Oracle Flexcube Integration Lab’ to give consumers with cozy access to an instance of Oracle Flexcube with a view to snare a suppose of how integrates with the utility the usage of existing internet features.
The enterprise likewise brought up that release eleven provides finished wait on for the lending, leasing and personal loan lifecycle throughout origination, servicing and collections. It is said to support banks improve their attain and generate charge-based salary via more suitable intermediary and broker-aided distribution of items to goal segments.
version 11 additionally observed to enables banks to reduce operational dangers and lessen prices. consumer provider is likewise being touted to breathe enhanced during the centralised, multi-product origination functionality. This gives a uniform customer journey, standardise methods across the enterprise, and create facilities of excellence. The modern edition is additionally spoke of to improve operational and analytical perception for bankers via trade intelligence assist and integration with Oracle Reveleus and Oracle Mantas’ comprehend Your customer, Anti money Laundering and Fraud.
the modern free up of Oracle Flexcube additionally includes developed-in capacity for data archiving and purging, decreasing the can permeate of facts management and making it simpler for banks to scale as their trade grows. Integration with Oracle enterprise manager will let consumers control the Oracle Database, Oracle Fusion Middleware accessories, as neatly as the Oracle Flexcube application from a sole console.
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REDWOOD SHORES, CA -- (Marketwired) -- 01/23/14 -- Oracle (NYSE: ORCL)
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What is left roaming their wilderness of mirrors depends on the temper swings of the Goddess of the Market. No sensation an outcome of Eurasia integration will breathe a death blow to Bretton Woods and “democratic” neoliberalism, says Pepe Escobar.
By Pepe EscobarSpecial to Consortium News
Get ready for a major geopolitical chessboard rumble: from now on, every butterfly fluttering its wings and setting off a tornado directly connects to the battle between Eurasia integration and Western sanctions as odd policy.
It is the paradigm shift of China’s modern Silk Roads versus America’s Their way or the Highway. They used to breathe under the illusion that history had ended. How did it approach to this?
Hop in for some essential time travel. For centuries the Ancient Silk Road, escape by mobile nomads, established the competitiveness standard for land-based trade connectivity; a web of trade routes linking Eurasia to the – dominant – Chinese market.
In the early 15th century, based on the tributary system, China had already established a Maritime Silk Road along the Indian Ocean full the way to the east coast of Africa, led by the legendary Admiral Zheng He. Yet it didn’t Take much for imperial Beijing to conclude that China was self-sufficient enough – and that emphasis should breathe placed on land-based operations.
Deprived of a trade connection via a land corridor between Europe and China, Europeans went all-out for their own maritime silk roads. They are full intimate with the spectacular result: half a millennium of Western dominance.
Until quite recently the latest chapters of this intrepid modern World were conceptualized by the Mahan, Mackinder and Spykman trio.
The Heartland of the World
Halford Mackinder’s 1904 Heartland Theory – a product of the imperial Russia-Britain New worthy Game – codified the supreme Anglo, and then Anglo-American, panic of a modern emerging land power able to reconnect Eurasia to the detriment of maritime powers.
Nicholas Spykman’s 1942 Rimland Theory advocated that mobile maritime powers, such as the UK and the U.S., should aim for strategic offshore balancing. The key was to control the maritime edges of Eurasia—that is, Western Europe, the Middle East and East Asia—against any feasible Eurasia unifier. When you don’t requisite to maintain a big Eurasia land-based army, you exercise control by dominating trade routes along the Eurasian periphery.
Even before Mackinder and Spykman, U.S. Navy Admiral Alfred Thayer Mahan had approach up in the 1890s with his Influence of Sea Power Upon History – whereby the “island” U.S. should establish itself as a seaworthy giant, modeled on the British empire, to maintain a equipoise of power in Europe and Asia.
It was full about containing the maritime edges of Eurasia.
In fact, they lived in a fuse of Heartland and Rimland. In 1952, then Secretary of condition John Foster Dulles adopted the concept of an “island chain” (then expanded to three chains) alongside Japan, Australia and the Philippines to encircle and accommodate both China and the USSR in the Pacific. (Note the Trump administration’s attempt at revival via the Quad–U.S., Japan, Australia and India).
George Kennan, the architect of containing the USSR, was drunk on Spykman, while, in a parallel track, as late as 1988, President Ronald Reagan’s speechwriters were soundless drunk on Mackinder. Referring to U.S. competitors as having a shot at dominating the Eurasian landmass, Reagan gave away the plot: “We fought two world wars to avert this from occurring,” he said.
Eurasia integration and connectivity is taking on many forms. The China-driven modern Silk Roads, likewise known as Belt and Road Initiative (BRI); the Russia-driven Eurasia Economic Union (EAEU); the Asia Infrastructure Investment Bank (AIIB); the International North-South Transportation Corridor (INSTC), and myriad other mechanisms, are now leading us to a all modern game.
How delightful that the very concept of Eurasian “connectivity” actually comes from a 2007 World Bank report about competitiveness in global supply chains.
Also delightful is how the late Zbigniew “Grand Chessboard” Brzezinski was “inspired” by Mackinder after the descend of the USSR – advocating the partition of a then decrepit Russia into three sever regions; European, Siberian and Far Eastern.
All Nodes Covered
At the height of the unipolar moment, history did seem to believe “ended.” Both the western and eastern peripheries of Eurasia were under tense Western control – in Germany and Japan, the two censorious nodes in Europe and East Asia. There was likewise that extra node in the southern periphery of Eurasia, namely the energy-wealthy Middle East.
Washington had encouraged the development of a multilateral European Union that might eventually rival the U.S. in some tech domains, but most of full would enable the U.S. to accommodate Russia by proxy.
China was only a delocalized, low-cost manufacture base for the expansion of Western capitalism. Japan was not only for full practical purposes soundless occupied, but likewise instrumentalized via the Asian development Bank (ADB), whose message was: They fund your projects only if you are politically correct.
The primary aim, once again, was to avert any feasible convergence of European and East Asian powers as rivals to the US.
The confluence between communism and the frosty War had been essential to avert Eurasia integration. Washington configured a sort of benign tributary system – borrowing from imperial China – designed to ensure perpetual unipolarity. It was duly maintained by a formidable military, diplomatic, economic, and covert apparatus, with a star role for the Chalmers Johnson-defined Empire of Bases encircling, containing and dominating Eurasia.
Compare this recent idyllic past with Brzezinski’s – and Henry Kissinger’s – worst nightmare: what could breathe defined today as the “revenge of history”.
That features the Russia-China strategic partnership, from energy to trade: interpolating Russia-China geo-economics; the concerted drive to bypass the U.S. dollar; the AIIB and the BRICS’s modern development Bank involved in infrastructure financing; the tech upgrade inbuilt in Made in China 2025; the thrust towards an alternative banking clearance mechanism (a modern SWIFT); massive stockpiling of gold reserves; and the expanded politico-economic role of the Shanghai Cooperation Organization (SCO).
As Glenn Diesen formulates in his brilliant book, Russia’s Geo-economic Strategy for a Greater Eurasia, “the foundations of an Eurasian core can create a gravitational drag to draw the rimland towards the centre.”
If the complex, long-term, multi-vector process of Eurasia integration could breathe resumed by just one formula, it would breathe something relish this: the heartland progressively integrating; the rimlands mired in myriad battlefields and the power of the hegemon irretrievably dissolving. Mahan, Mackinder and Spykman to the rescue? It’s not enough.
Divide and Rule, Revisited
The very applies for the preeminent post-mod Delphic Oracle, likewise known as Henry Kissinger, simultaneously adorned by hagiography gold and despised as a war criminal.
Before the Trump inauguration, there was much debate in Washington about how Kissinger might engineer – for Trump – a “pivot to Russia” that he had envisioned 45 years ago. This is how I framed the shadow play at the time.
In the end, it’s always about variations of Divide and Rule – as in splitting Russia from China and vice-versa. In theory, Kissinger advised Trump to “rebalance” towards Russia to oppose the irresistible Chinese ascension. It won’t happen, not only because of the might of the Russia-China strategic partnership, but because across the Beltway, neocons and humanitarian imperialists ganged up to veto it.
Brzezinski’s perpetual frosty War mindset soundless lords over a fuzzy fuse of the Wolfowitz dogma and the Clash of Civilizations. The Russophobic Wolfowitz dogma – soundless fully classified – is code for Russia as the perennial top existential threat to the U.S. The Clash, for its part, codifies another variant of frosty War 2.0: East (as in China) vs. West.
Kissinger is trying some rebalancing/hedging himself, noting that the mistake the West (and NATO) is making “is to regard that there is a sort of historic evolution that will march across Eurasia – and not to understand that somewhere on that march it will encounter something very different to a Westphalian entity.”
Both Eurasianist Russia and civilization-state China are already on post-Westphalian mode. The redesign goes deep. It includes a key treaty signed in 2001, only a few weeks before 9/11, stressing that both nations renounce any territorial designs on one another’s territory. This happens to concern, crucially, the Primorsky Territory in the Russian Far East along the Amur River, which was ruled by the Ming and Qing empires.
Moreover, Russia and China relegate never to enact deals with any third party, or allow a third country to expend its territory to harm the other’s sovereignty, security and territorial integrity.
So much for turning Russia against China. Instead, what will develop 24/7 are variations of U.S. military and economic containment against Russia, China and Iran – the key nodes of Eurasia integration – in a geo-strategic spectrum. It will include intersections of heartland and rimland across Syria, Ukraine, Afghanistan and the South China Sea. That will proceed in parallel to the Fed weaponizing the U.S. dollar at will.
Heraclitus Defies Voltaire
Alastair Crooke took a worthy shot at deconstructing why Western global elites are terrified of the Russian conceptualization of Eurasia. It’s because “they ‘scent’…a stealth reversion to the old, pre-Socratic values: for the Ancients … the very notion of ‘man’, in that way, did not exist. There were only men: Greeks, Romans, barbarians, Syrians, and so on. This stands in obvious opposition to universal, cosmopolitan ‘man’.”
So it’s Heraclitus versus Voltaire – even as “humanism” as they inherited it from the Enlightenment, is de facto over. Whatever is left roaming their wilderness of mirrors depends on the irascible temper swings of the Goddess of the Market. No sensation one of the side effects of progressive Eurasia integration will breathe not only a death blow to Bretton Woods but likewise to “democratic” neoliberalism.
What they believe now is likewise a remastered version of sea power versus land powers. Relentless Russophobia is paired with supreme panic of a Russia-Germany rapprochement – as Bismarck wanted, and as Putin and Merkel recently hinted at. The supreme nightmare for the U.S. is in fact a truly Eurasian Beijing-Berlin-Moscow partnership.
The Belt and Road Initiative (BRI) has not even begun; according to the official Beijing timetable, we’re soundless in the planning phase. Implementation starts next year. The horizon is 2039.
This is China playing a long-distance game of Go on steroids, incrementally making the best strategic decisions (allowing for margins of error, of course) to render the adversary powerless as he does not even realize he is under attack.
The modern Silk Roads were launched by Xi Jinping five years ago, in Astana (the Silk Road Economic Belt) and Jakarta (the Maritime Silk Road). It took Washington almost half a decade to approach up with a response. And that amounts to an avalanche of sanctions and tariffs. Not satisfactory enough.
Russia for its portion was forced to publicly publish a note of mesmerizing weaponry to discourage the proverbial War Party adventurers probably for satisfactory – while heralding Moscow’s role as co-driver of a brand modern game.
On sprawling, superimposed levels, the Russia-China partnership is on a roll; recent examples include summits in Singapore, Astana and St. Petersburg; the SCO apex in Qingdao; and the BRICS Plus summit.
Were the European peninsula of Asia to fully integrate before mid-century – via high-speed rail, fiber optics, pipelines – into the heart of massive, sprawling Eurasia, it’s game over. No sensation Exceptionalistan elites are starting to snare the fire of a silk rope drawn ever so softly, squeezing their gentle throats.
Pepe Escobar is the correspondent-at-large for Hong Kong-based Asia Times. His latest engage is 2030. result him on Facebook.
The following is a reprint from USPTO Director Kappos’ recent statement on patentable theme matter:
+ + + + +
The recent Federal Circuit conclusion CLS Bank International v. Alice Corporation raises some Important points that proffer insight on advancing prosecution of patent applications. In CLS Bank, the claims to a computer-implemented invention were establish to descend within an eligible category of invention and not to mere abstract ideas. In answering the question of eligibility under § 101, I establish it fascinating that the court looked at the different roles of the various statutory provisions, § 101, 102, 103, and 112. Sections 102, 103 and 112 enact the substantive toil of disqualifying those patent eligible inventions that are “not worthy of a patent”, while § 101 is a general statement of the ilk of theme matter eligible for patenting. The court notes that, while § 101 has been characterized as a threshold test and certainly can breathe addressed before other matters touching on patent validity, it requisite not always breathe addressed first, particularly when other sections might breathe discerned by a affliction arbiter as having the swear to resolve a dispute more expeditiously or with more clarity or predictability. The court in CLS Bank likewise recognized that the exceptions to eligibility—laws of nature, natural phenomenon, and abstract ideas—should arise infrequently.
Based on my experience, I prize the wisdom of the court’s discussion relating to resolving disputed claims by focusing initially on patentability requirements of § 102, 103, and 112, rather than § 101. I believe establish that when claims are refined to distinguish over the prior art, recite inevitable boundaries, and breathe fully enabled based on a complete written description, they enact not usually encounter issues of eligibility based on reciting mere abstract ideas or broad fundamental concepts. do another way, every trade looks for opportunities to sequence workflow so that the first issues addressed are the ones that can simplify or completely resolve other issues. This is satisfactory basic management for businesses, and for patent offices.
While courts can resolve patent disputes in the most expeditious manner given the facts of the case, the Office has the unique duty of ensuring that full patentability requirements are met before issuing a patent. Applications that are presented in the best feasible condition for examination with pellucid and inevitable claims that are believed to distinguish over the prior expertise and are supported by a robust disclosure will most likely not encounter rejections based on eligibility. Avoiding issues under § 101 can believe a very positive outcome on pendency and wait on examiners focus on finding the closest prior art, leading to tenacious patent protection. Hopefully, the guidance supplied by the Federal Circuit in CLS Bank can wait on us as they continue to toil on reducing pendency and enhancing character of issued patents.
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