Singapore-headquartered OCBC, Southeast Asia’s second-largest financial services group by assets, has implemented Oracle Fusion Cloud Enterprise Resource Planning (ERP) to unify its global finance platform. This strategic move aims to increase efficiency, improve insights, and enhance compliance across its operations. The Singapore-headquartered bank, with nearly 420 branches in 19 countries, is transitioning from manual processes to digital solutions to support its growth in the ASEAN-Greater China network.
The adoption of Oracle Cloud ERP allows OCBC to automate its finance operations and reporting, fostering organisational effectiveness. Goh Chin Yee, group chief financial officer at OCBC, stated, “It is imperative that we work together as One Group to drive synergies that will foster growth.” The platform’s capabilities in data analytics and artificial intelligence (AI) are expected to help OCBC swiftly adapt to changes in the operating environment whilst maintaining regulatory compliance.
Oracle Fusion Cloud Enterprise Performance Management (EPM), part of the ERP suite, has further aligned OCBC’s financial consolidation and reporting processes. Adrian Johnston, senior vice president of Applications at Oracle Asia Pacific, highlighted the importance of embracing new technologies for innovation and transformation in the financial sector.
OCBC’s implementation of Oracle Cloud ERP is part of a broader trend, with over 10,000 organisations globally using the platform to enhance their business operations. The bank’s recent recognition with the Finance Innovation Award at the 2025 Oracle Customer Excellence Awards underscores its commitment to leveraging technology for financial excellence.
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