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November 15, 2012 at 11:33 AM EST
Perusahaan Gas Negara Goes Live With Oracle Fusion Governance, Risk, and Compliance to Automate Enterprise-Wide Risk Management and Regulatory Compliance

REDWOOD SHORES, CA and JAKARTA, INDONESIA -- (Marketwire) -- 11/15/12 -- Oracle (NASDAQ: ORCL)

News Facts

Built on a Standards-Based Platform for Risk Management and Compliance

  • Oracle Enterprise GRC Manager supports cross-enterprise, risk-based modeling, analysis, treatment and decision making, allowing organizations to embed clear accountabilities for risk management and control across the enterprise.
  • Combining qualitative and quantitative information in integrated dashboards and reports, Oracle Enterprise GRC Intelligence enables executives and managers to confidently identify and focus efforts on key risks and control issues including intelligence on access policy conflicts.
  • PGN uses Oracle GRC Manager and Oracle Enterprise GRC Intelligence with the Oracle E-Business Suite, designed on open, standards-based architecture to provide support for non-Oracle packaged applications and bespoke applications in heterogeneous multi-vendor environments.

Supporting Quotes

  • "In so many organizations, gathering the necessary information and obtaining clear visibility of a risk profile can be a cumbersome and costly undertaking," said Mr. M. Wahid Sutopo, Director of Investment Planning and Risk Management, PT. Perusahaan Gas Negara (Persero) Tbk. "By implementing Oracle Fusion GRC, we can manage risk better because we have a single source of information across the enterprise and can automate risk and compliance processes in a real-time manner."
  • "The greatest GRC challenge is creating a consolidated view of compliance, risk and internal controls," said Davian Omas, Country Manager Applications, Oracle Indonesia. "Oracle Fusion Governance, Risk and Compliance helps to address this challenge by preventing information silos and redundant tasks and providing the use of a single, consolidated repository for all GRC programs. This unified approach helps PGN establish the processes they will use for GRC initiatives, and also improve the predictability of their business results."

Supporting Resources

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com.

Trademarks
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Contact Info

Danielle Cormier-Smith
Oracle
+1.610.766.3463
Email Contact

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