Case Study
Insurance Company
Multi billion-dollar insurance company offering life insurance, annuities, retirement plan services, and group protection wanted to consolidate and migrate multiple on-premises planning & analytics applications to the cloud. Legacy Products • Hyperion Planning • Essbase Problem The challenges this insurance company faced included: • Multiple environments to support • Lack of a single source of truth • Limited functionality with on-premise applications Solution The organization picked the Oracle EPM Cloud Planning & Budgeting module and Oracle Analytics Cloud to modernize its processes. • Single cloud instance containing all historical data • Automated integration & data loading • Extended financial reporting • Automated rules & calculations • Revamped security configura