Asian Development Bank Eliminates Data Silos with Oracle Cloud [Video]

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Philippines-based Asian Development Bank (ADB) provides member companies and partners with loans and other financial services to promote social and economic development. Prior to moving onto the Oracle Cloud, ADB ran fifteen disparate ERP environments and needed to eliminate data silos to improve reporting, streamline processes, and achieve better data accuracy. ADB chose Oracle Fusion Cloud ERP and EPM on Oracle Cloud Infrastructure (OCI) over SAP to unify finance activities on a single platform. Finance staff now use Oracle Analytics dashboards to gain real-time visibility into fund performance. With over 400 million cash transactions per quarter, ADB uses OCI Database Service and Integration services to complete workloads in just 1-2 days, representing more than a 7X improvement.

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