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Primeur weekly 2012-10-08

The Cloud

ISC Cloud’12 shared new evolution images from HPC and big data in the Cloud ...

Bright Computing to present data aware Cloud bursting to the SLURM User Group ...

Oracle unveils expanded Oracle Cloud Services portfolio ...

Oracle extends Oracle Communications Billing and Revenue Management product family with innovative Oracle Communications Elastic Charging Engine ...

Oracle Enterprise Manager 12c introduces new tools and programmes for partners ...

Fujitsu Cloud solution bolsters Ritsumeikan Asia Pacific University's administrative information system ...

Lending Club selects Oracle ERP Cloud Service to help increase insight and efficiencies ...

Customers live on Oracle Fusion Human Capital Management ...

Oracle continues to extend industry's no. 1 business innovation platform for the enterprise and the Cloud ...

Kwality Dairy selects IBM Cloud to drive supply chain efficiencies ...

Oracle announces ISV integration with Oracle Sales and Marketing Cloud Service ...

Oracle unveils new partner Cloud programmes at Oracle OpenWorld 2012 ...

Fujitsu Cloud solution enhances Kansai University's educational research system platform ...

HP advances software-defined networks with integrated infrastructure, controller and application solutions ...

Oracle announces Oracle Solaris 11.1 at Oracle OpenWorld ...

VMware simplifies compliance for business-critical applications in the Cloud ...

Desktop Grids

OProject@Home has been launched ...

EuroFlash

Altair's latest Compute Manager offers built-in 3D and 2D visualization of high-performance computing simulations ...

Green Brain project to create an autonomous flying robot with a honey bee brain ...

Hi-fi single photons ...

USFlash

Indiana University develops tool to improve NASA polar ice mission ...

Launch of the USA's fastest Genomic Supercomputing Platform reduces cancer genome analysis from months to seconds - One patient every 47 seconds ...

South Australian Research Facility unleashes the Tizard supercomputer ...

Mellanox InfiniBand selected by Fujitsu to accelerate the Australian National University supercomputer ...

Oracle announces Oracle Exadata X3 Database In-Memory Machine ...

Virginia Tech to tackle the Big Data challenges of next-generation sequencing with HokieSpeed ...

Iowa State researchers developing Big Data toolbox to help genome researchers ...

IBM completes acquisition of Texas Memory Systems ...

Brown University awarded $1.5 million for new Big Data tools ...

Cognitech Inc. announces release of industry's fastest mobile and tower supercomputing Forensic Video Workstations ...

Dell Smart Grid Data Management Solution enables utility companies to improve efficiency ...

New Zealand Freight Service provider adopts IBM PureSystems for IT consolidation ...

IBM boosts security, Cloud and analytics capabilities with new Power systems, storage and mainframe technologies ...

Sandia builds Android-based network to study cyber disruptions ...

Sandia gains national recognition for sustainable energy management ...

NSF announces interagency progress on administration's Big Data initiative ...

National Science Foundation awards Rutgers $1.4 million to help create ways to analyze Big Data ...

Lending Club selects Oracle ERP Cloud Service to help increase insight and efficiencies

2 Oct 2012 San Francisco - Lending Club, a platform for investing in and obtaining personal loans, has selected Oracle ERP Cloud Service to help improve decision-making and work flow, implement robust reporting, and take advantage of the inherent scalability and cost savings provided by the Cloud.

With more than 76,000 borrowers and 90,000 investors Lending Club utilizes technology and innovation to reduce the cost of traditional banking and offer borrowers better rates and investors better returns.

After an extensive search, Lending Club selected Oracle ERP Cloud Service due to the breadth and depth of capabilities and ongoing innovation of Oracle ERP Cloud Service, as well as Oracle's open architecture, industry leadership and commitment to partners.

A core goal of Lending Club is to create a more efficient model, and the automation, communication and collaboration features in Oracle ERP Cloud Service will help achieve better work flow, increase efficiency, and give greater control over financial data.

Since Lending Club's on-line lending platform is internally developed, Lending Club chose Oracle ERP Cloud Service in the Cloud to integrate with current systems easily, keep IT resources focused on the organisation's own platform, and reap the benefits of cloud scalability with lowered costs and the high data security and disaster recovery features.

With its rapid growth and as a data-intensive business, Lending Club is also implementing robust analytics and reporting to help improve decision-making through the embedded business intelligence within Oracle ERP Cloud Service.

"Lending Club is an innovative, data-intensive, high-growth company and we needed a solution and partner that could match us", stated Carrie Dolan, CFO, Lending Club. "We conducted a thorough review of our options, and Oracle ERP Cloud Service was the clear winner in terms of capabilities and business value as well as commitment to us as a customer."

"Oracle ERP Cloud Service truly sets the new standard for finance", stated Terrance Wampler, Vice President Financial Product Strategy, Oracle. "We look forward to working with Lending Club, as they actualize the business value of reporting, decision-making and productivity from Oracle ERP Cloud Service."
Source: Oracle

Back to Table of contents

Primeur weekly 2012-10-08

The Cloud

ISC Cloud’12 shared new evolution images from HPC and big data in the Cloud ...

Bright Computing to present data aware Cloud bursting to the SLURM User Group ...

Oracle unveils expanded Oracle Cloud Services portfolio ...

Oracle extends Oracle Communications Billing and Revenue Management product family with innovative Oracle Communications Elastic Charging Engine ...

Oracle Enterprise Manager 12c introduces new tools and programmes for partners ...

Fujitsu Cloud solution bolsters Ritsumeikan Asia Pacific University's administrative information system ...

Lending Club selects Oracle ERP Cloud Service to help increase insight and efficiencies ...

Customers live on Oracle Fusion Human Capital Management ...

Oracle continues to extend industry's no. 1 business innovation platform for the enterprise and the Cloud ...

Kwality Dairy selects IBM Cloud to drive supply chain efficiencies ...

Oracle announces ISV integration with Oracle Sales and Marketing Cloud Service ...

Oracle unveils new partner Cloud programmes at Oracle OpenWorld 2012 ...

Fujitsu Cloud solution enhances Kansai University's educational research system platform ...

HP advances software-defined networks with integrated infrastructure, controller and application solutions ...

Oracle announces Oracle Solaris 11.1 at Oracle OpenWorld ...

VMware simplifies compliance for business-critical applications in the Cloud ...

Desktop Grids

OProject@Home has been launched ...

EuroFlash

Altair's latest Compute Manager offers built-in 3D and 2D visualization of high-performance computing simulations ...

Green Brain project to create an autonomous flying robot with a honey bee brain ...

Hi-fi single photons ...

USFlash

Indiana University develops tool to improve NASA polar ice mission ...

Launch of the USA's fastest Genomic Supercomputing Platform reduces cancer genome analysis from months to seconds - One patient every 47 seconds ...

South Australian Research Facility unleashes the Tizard supercomputer ...

Mellanox InfiniBand selected by Fujitsu to accelerate the Australian National University supercomputer ...

Oracle announces Oracle Exadata X3 Database In-Memory Machine ...

Virginia Tech to tackle the Big Data challenges of next-generation sequencing with HokieSpeed ...

Iowa State researchers developing Big Data toolbox to help genome researchers ...

IBM completes acquisition of Texas Memory Systems ...

Brown University awarded $1.5 million for new Big Data tools ...

Cognitech Inc. announces release of industry's fastest mobile and tower supercomputing Forensic Video Workstations ...

Dell Smart Grid Data Management Solution enables utility companies to improve efficiency ...

New Zealand Freight Service provider adopts IBM PureSystems for IT consolidation ...

IBM boosts security, Cloud and analytics capabilities with new Power systems, storage and mainframe technologies ...

Sandia builds Android-based network to study cyber disruptions ...

Sandia gains national recognition for sustainable energy management ...

NSF announces interagency progress on administration's Big Data initiative ...

National Science Foundation awards Rutgers $1.4 million to help create ways to analyze Big Data ...