HispanicBusiness

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

News Facts

•PT Perusahaan Gas Negara (Persero) Tbk ("PGN"), Indonesia's largest natural gas transportation and distribution company, has successfully implemented Oracle Enterprise Governance, Risk, and Compliance Manager (Oracle Enterprise GRC Manager) and Oracle Enterprise Governance, Risk, and Compliance Intelligence (Oracle Enterprise GRC Intelligence), part of Oracle Fusion Applications. •PGN selected Oracle Enterprise GRC Manager and Enterprise GRC Intelligence to meet regulatory compliance, risk management and control requirements after conducting a multi-stage assessment of Oracle Fusion GRC in October 2011. The implementation was completed in June 2012. •PGN believes Oracle Fusion GRC help provide a clear picture of the PGN risk profile and identify risks of a critical nature and enabling an immediate and coordinated response. Furthermore, major casualties and other operational risks can be better predicted and mitigated using automated processes within Oracle Fusion GRC. •PGN has also implemented Oracle Enterprise Performance Management to integrate financial and operational planning processes and improve predictability. •Oracle's Siebel Contact Center and Service provides the backbone to PGN's customer service operations. •PGN teamed with KPMG, a Platinum level member of Oracle PartnerNetwork (OPN), for this project. KPMG provided implementation and integration services to PGN.

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.