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Perusahaan Gas Negara Goes Live With Oracle Fusion Governance,

Perusahaan Gas Negara Goes Live With Oracle Fusion Governance, Risk,
and Compliance to Automate Enterprise-Wide Risk Management and
Regulatory Compliance 
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 o
n
    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.

  
Supporting Quotes 


 
--  "In so many organizations, gathering the necessary information and
    obtaining clear visibility of a risk profile can be a cumbersome and
    costly undertaking," said Mr. M. Wahid Sutopo, Director of Investment
    Planning and Risk Management, PT. Perusahaan Gas Negara (Persero) Tbk.
    "By implementing Oracle Fusion GRC, we can manage risk better because
    we have a single source of information across the enterprise and can
    automate risk and compliance processes in a real-time manner."
--  "The greatest GRC challenge is creating a consolidated view of
    compliance, risk and internal controls," said Davian Omas, Country
    Manager Applications, Oracle Indonesia. "Oracle Fusion Governance,
    Risk and Compliance helps to address this challenge by preventing
    information silos and redundant tasks and providing the use of a
    single, consolidated repository for all GRC programs. This unified
    approach helps PGN establish the processes they will use for GRC
    initiatives, and also improve the predictability of their business
    results."

  
Supporting Resources 


 
--  Oracle Fusion Applications
--  Oracle Fusion GRC
--  Oracle Enterprise Governance, Risk, and Compliance Manager
--  Fusion Governance, Risk, and Compliance Intelligence
--  Oracle Fusion Applications
--  Oracle E-Business Suite
--  Oracle Enterprise Performance Management
--  Siebel Contact Center and Service

  
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Contact Info 
Danielle Cormier-Smith 
Oracle 
+1.610.766.3463
danielle.cormier@oracle.com