United Bank Limited: (Introduction)

United Bank Limited (UBL) is one of the largest commercial banks in Pakistan
having more than 1,320 online branches inside the country. Its 15 branches outside
the country are in the United States of America, Qatar, UAE, Bahrain, and Republic
of Yemen. It also has representative offices in Beijing, China, Tehran, Iran, and
Almaty, Kazakhstan. It owns subsidiaries in the UK (United National Bank Limited),
and in Zrich, Switzerland.

History:

Muhammad Ajab Noor S/O Muhammad Noor founded the bank in 1959. In 1971 the
Government of Pakistan nationalized the bank. In 2002, the Government of Pakistan sold it in an
open auction to a consortium of Abu Dhabi Group and Bestway.
In 2002, the bank merged its operations in the UK with those belonging to National Bank of
Pakistan to form United National Bank Limited. United Bank owns 55% of the joint-venture and
National Bank of Pakistan owning the remainder.

Introduction of ERP:

ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much
light on what ERP is or what it does. For that, you need to take a step back and think about all of
the various processes that are essential to running a business, including inventory and order
management, accounting, human resources, customer relationship management (CRM), and

beyond. At its most basic level, ERP software integrates these various functions into one
complete system to streamline processes and information across the entire organization.
The central feature of all ERP systems is a shared database that supports multiple functions used
by different business units. In practice, this means that employees in different divisionsfor
example, accounting and salescan rely on the same information for their specific needs.
ERP software also offers some degree of synchronized reporting and automation. Instead of
forcing employees to maintain separate databases and spreadsheets that have to be manually
merged to generate reports, some ERP solutions allow staff to pull reports from one system. For
instance, with sales orders automatically flowing into the financial system without any manual
re-keying, the order management department can process orders more quickly and accurately,
and the finance department can close the books faster. Other common ERP features include a
portal or dashboard to enable employees to quickly understand the business' performance on key
metrics.

ERP Used by UBL (Oracle):

ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much
light on what ERP is or what it does. For that, you need to take a step back and think about all of
the various processes that are essential to running a business, including inventory and order
management, accounting, human resources, customer relationship management (CRM), and
beyond. At its most basic level, ERP software integrates these various functions into one
complete system to streamline processes and information across the entire organization.
The central feature of all ERP systems is a shared database that supports multiple functions used
by different business units. In practice, this means that employees in different divisionsfor
example, accounting and salescan rely on the same information for their specific needs.

ERP software also offers some degree of synchronized reporting and automation. Instead of
forcing employees to maintain separate databases and spreadsheets that have to be manually
merged to generate reports, some ERP solutions allow staff to pull reports from one system. For
instance, with sales orders automatically flowing into the financial system without any manual
re-keying, the order management department can process orders more quickly and accurately,
and the finance department can close the books faster. Other common ERP features include a
portal or dashboard to enable employees to quickly understand the business' performance on key
metrics.

Oracle an Introduction:

The Oracle Corporation is an American multinational computer technology corporation

headquartered in Redwood City, California, United States. The company specializes in
developing and marketing computer hardware systems and enterprise software products
particularly its own brands of database management systems. As of 2011, Oracle is the secondlargest software maker by revenue, after Microsoft.[4]
The company also builds tools for database development and systems of middle-tier software,
enterprise resource planning (ERP) software, customer relationship management (CRM)
software and supply chain management (SCM) software.
Larry Ellison, a co-founder of Oracle, had served as Oracle's CEO throughout its history. On
September 18, 2014, it was announced that he would be stepping down (with Mark Hurd and
Safra Catz to become CEOs). Ellison will become executive chairman and CTO.[5] He also
served as the Chairman of the Board until his replacement by Jeffrey O. Henley in 2004. On
August 22, 2008, the Associated Press ranked Ellison as the top-paid chief executive in the world

History:

Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under
the name Software Development Laboratories (SDL). Ellison took inspiration[8]
from the 1970 paper written by Edgar F. Codd on relational database management
systems (RDBMS) named "A Relational Model of Data for Large Shared Data
Banks."[9] He heard about the IBM System R database from an article in the IBM
Research Journal provided by Oates. Also derived from Codd's theories, Ellison
wanted to make Oracle's product compatible with System R, but failed to do so as
IBM kept the error codes for their DBMS a secret. SDL changed its name to
Relational Software, Inc (RSI) in 1979,[10] then again to Oracle Systems
Corporation in 1982,[11] to align itself more closely with its flagship product Oracle
Database. At this stage Bob Miner served as the company's senior programmer. In
1995, Oracle Systems Corporation changed its name to Oracle Corporation,
officially named Oracle, but sometimes referred to as Oracle Corporation, the name
of the holding company. Part of Oracle Corporation's early success arose from using
the C programming language to implement its products. This eased porting to
different operating systems (most of which support C).

Applications

Oracle also sells a suite of business applications. The Oracle E-Business Suite includes software
to perform various enterprise functions related to, for instance, financials, manufacturing,
customer relationship management (CRM), enterprise resource planning (ERP) and human
resource management. The Oracle Retail Suite[50] covers the retail-industry vertical, providing
merchandise management, price management, invoice matching, allocations, store operations
management, warehouse management, demand forecasting, merchandise financial planning,
assortment planning and category management. Users can access these facilities through a
browser interface over the Internet or via a corporate intranet.

Oracle Ledger:
Oracle ledger is employed to process the work of Finance
department in UBL:
Oracle General Ledger provides highly automated financial processing. It can import
and post 42 million journal lines per hour, making it the fastest and most scalable
general ledger on the market. It also provides tools for effective management
control and real-time visibility to financial results everything you need to meet
financial compliance and improve your bottom line.
Enhance Value by Combining With The Entire Oracle E-Business Suite:

Oracle General Ledger works seamlessly with other Oracle E-Business Suite
products to drive better decision-making, sustainable financial discipline, regulatory
compliance, and optimized business processes at the lowest cos

Benefits of Oracle Ledger for UBL:

Gain Efficiencies with Highly Automated Financial Processing

Automate journal processing for recurring and allocation journals. Convert and load raw
data from external systems or upload mass journal entries via spreadsheets. Run posting,
reporting, translation, and consolidation processes in parallel to accelerate reporting time.

Establish and Maintain Superior Internal Controls

Guarantee data integrity with a single ledger to manage all financial information. Actual,

budget, summary, foreign currency, statistical and average balances are automatically
synchronized, rendering reports immediately available and always accurate.
Mandatory checks and balances prevent the occurrence of out-of-balance situations. The
chart of accounts can be customized to best fit your company's needs, and is used to
control information access.

Increase Enterprise Visibility

Increase visibility into performance by investigating and reconciling balances online.

Drill down to any level of detail including detail balances, journals, and the underlying
subledger transactions - all from a single drill path. Oracle Applications Desktop
Integrator provides a desktop-based extension of Oracle General Ledger to analyze
financial statements, create budgets, upload conversion rates, create reports, and more.

Capitalize on Global Opportunities

Capture and report on any number of currencies from the balance level to the subledger
transaction level. Currency conversion, revaluation, remeasurement, and translation are
all performed in accordance with local and international accounting standards.

Improve Financial Services Profitability

Robust average balance functionality comes standard in Oracle General Ledger to allow
companies in the financial services industry to perform sophisticated transfer pricing and
profitability analysis calculations to comply with regulatory reporting requirements.
Oracle General Ledger is also integrated with the Oracle Financial Services Applications.

ORACLE FINANCIAL SERVICES for UBL (Banks):

In todays rapidly evolving and complex financial services environment, it is more

critical than ever for banks to quickly understand profitability results adjusted for risk.
Oracle Financial Services Enterprise Financial Performance Analytics is designed to
provide timely and actionable financial and management reports across Organization,
Line of Business, Products and Legal Entities. In addition to standard income statement
and balance sheet reporting, Oracle Financial Services Enterprise Financial Performance
Analytics delivers management ledger level reports, along with Risk Adjusted
Performance Management (RAPM) reporting.

Integrated and Actionable Insight:

Oracle Financial Services Enterprise Financial Performance Analytics

provides a rich and robust solution that empowers the bank with adaptive
actionable insight. This application integrates data from the banks ledger/
management ledger with other allocated line items, such as expenses, to
provide a comprehensive view of financial performance across multiple
dimensions, including but not limited to Product, Line of Business,
Geography, and Organization. Oracle Financial Services Enterprise
Financial Performance Analytics delivers relevant information to meet the
needs of each user, across roles in the organization, from executives to
business analysts.

Profitability Metrics Adjusted for Risk:

Understanding Product or Line of Business performance is
of strategic importance to financial services institutions.
Information by product on profit margins, its evolution
and effects on the companys bottom line, will help banks
manage their investments efficiently and invest in areas
that are of strategic and financial importance to the bank.
Oracle Financial Services Enterprise Financial
Performance Analytics enables deep analysis and
understanding of the banks data with robust dashboards
and reports. By viewing monthly trended results, users
can monitor product line performance, track earnings
trends, cost structures and other key factors pertaining to
the product or line of business. The multidimensional
approach of this application also enables the business to
examine performance by other factors such as
organization or risk-adjusted metrics such as return on
assets (ROTA), return on Capital Employed, risk-adjusted
return on capital (RAROC), or key performance indicators
such as top 10 products by balance growth. Each RAPM

measure may use multiple bases of capital: regulatory

capital, economic capital, or all-in capital.
In addition to standard income statement and balance
sheet reporting, Oracle Financial Services Enterprise
Financial Performance Analytics delivers rich,
multicurrency income statements for any asset- or
liability-based product or for any service based product or
intracompany service. Designed to be flexible, the
baseline profitability model may be rapidly extended or
customized to meet your unique implementation
requirements.
Oracle Financial Services Enterprise Financial
Performance Analytics is integrated with Oracle Financial
Services Basel Regulatory Capital and Oracle Financial
Services Operational Risk Economic Capital. Banks using
these products will witness the outputs from these
products being leveraged by Oracle Financial Services
Enterprise Financial Performance Analytics for RAPM
calculations. Alternatively, the bank can make such
capital allocations available to Oracle Financial Services
Enterprise Financial Performance Analytics for measuring
RAPM.

Oracle Financial Services Enterprise Financial

Performance Analytics allows users to define their own
reports, dashboards, alerts, and metrics, in a matter of
minutes and share this information with the entire
community of users. The application can be maintained
and enhanced by the same business users who define the
requirements. Creation and modification of reports has
been made extremely intuitive and simple with the adhoc interface. As business users maintain their reports
directly, the project will not result in another drain on vital
IT resources. The application leverages the same
semantic model as a single source of the truth for all
reporting formats and media. Oracle Financial Services
Enterprise Financial Performance Analytics can also be
easily pre-configured to limit permissions to users thereby
allowing each user to only see or receive relevant results
based on their role in the organization.