NAB’s leadership engaged with Oracle to build a new enterprise risk and finance (ERF) system to process and reconcile tens of millions of transactions executed by NAB customers every day. These transactions pour into the company’s financial services data hub, which uses Oracle Fusion Middleware and Oracle Database to store, identify, and rationalize all the datatypes against a master data model. This step is essential to ensure that the data contained in the ERF system is understood as consistent, regardless of how it is accessed by users.“This initial review and cleanse of the data added a new level of the trust in the data for NAB,” says Stuart Houston, solution specialist, enterprise, risk, and finance, at Oracle.
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