Oracle Corp. said a risk management system incorporating its data base technology is up and running at Banco Comercial Portugues in Portugal.

Chris De Smet, Oracle's vice president of financial services for Europe, the Middle East, and Africa, said the announcement underscores Oracle's momentum in risk management programs for financial institutions.

Banco Comercial deployed Oracle Financial Data Manager, Oracle Risk Manager, and an Oracle data base for analyzing interest rate and liquidity risk exposures and for simulations of how risk may be affected by changes in market conditions or in the bank's portfolio.

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