#OOW16 - Risk Management Cloud / GRC General Session

Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |
Risk Management Cloud
General Session
Timothy Reese, Commonwealth of Pennsylvania
Brian Jensen, KPMG
Corey West, Oracle
Sid Sinha, Oracle
September 20, 2016

Safe Harbor Statement
The following is intended to outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any contract. It is not a
commitment to deliver any material, code, or functionality, and should not be relied upon
in making purchasing decisions. The development, release, and timing of any features or
functionality described for Oracle’s products remains at the sole discretion of Oracle.
2

Agenda
Introductions
Risk Management Cloud Update
Panelist Q&A
Wrap-up
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2
3
4
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Copyright © 2016, Oracle and/or its affiliates. All rights reserved.Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |
Introduction
Timothy Reese
Tim Reese became the 37th Treasurer of the Commonwealth of
Pennsylvania on June 26, 2015. His powers and duties involve the
receipt and disbursement of funds, as well as the deposit,
investment, and safekeeping of monies and securities belonging to
the Commonwealth. Treasurer Reese serves as custodian of the funds
for virtually all state agencies. As Treasurer, he is focused on
revitalizing and strengthening the Department and leveraging its
assets and expertise to positively impact Pennsylvania’s economy.
Prior to his appointment, Treasurer Reese ran multiple special
situation investment firms that co-invested in the health care,
pharmaceutical, and information technology sectors.
4

Introduction
Corey West
Corey West was appointed corporate controller and chief accounting
officer of Oracle Corporation in April 2007, with responsibility for
global financial and SEC reporting, management reporting, revenue
recognition, technical accounting, and merger and acquisition
financial due diligence, among other duties. He was promoted to
Oracle Executive Vice President in 2015, and now leads a team of
2,100 finance professionals operating in nine global finance shared
services around the world.
5

Introduction
Brian Jensen
Director in KPMG’s Oracle Practice focused on Strategy, Operations and
Oracle Risk Consulting, with more than 20 years of management consulting
and business development experience. A subject matter professional across
multiple functions and industries, Brian has worked with dozens of C-level
executives and directors as a trusted advisor, designing operational and risk
management strategies using Oracle technology to help them achieve their
strategic business objectives.
Brian has extensive experience leading and implementing ERP, Identity
Management & Security & Controls solutions at over 50 customers over the
last 20 years. Brian is a thought leader for KPMG in their GRC group,
spearheading many initiatives for Oracle Enterprise Solutions.
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Effective Risk
Management
7
Strengthen
Internal
Controls
Enforce
Financial
Reporting
Integrity
Prevent
Unauthorized
Access
Monitor
Access to
Sensitive
Data
Automate
Detection of
Error, Fraud &
Waste
CFOs & Controllers
CIOs & CISOs
Auditors RISK
MANAGEMENT
CLOUD

Integrated Risk & Compliance for ERP Cloud
1
2
Streamline risk processes to promote
collaboration, transparency and
accountability
Early detection of potential issues
through automated data collection and
analysis
3
Rapid Deployment with Best Practice,
Pre-built Controls designed for targeted
risk areas
Risk & Compliance Management
Documentation Reviews Assessments Issues
Advanced Controls Monitoring
Audit Analytics
User-Defined
Algorithms
Visualization &
Simulation
Library of Best Practice Controls
Procure-to-Pay
Transactions
Expense
Policies
Assess (SoD)
Rules
8

Pareto Analysis
Clustering
Fuzzy Matching
Anomaly detection
Automate Data Analysis to Detect Issues Early
Confidential – Oracle Internal/Restricted/Highly Restricted
Security &
Transaction Data
Enterprise
Data Graph
GRCOntologyBasedPolicyEngine
SemanticReasoningPatternReasoning
Data Analysis
Engine
GraphicalAuthoringWorkbench
LibraryofUserDefinedControls
Incidents
SELF-LEARNING
FEEDBACK LOOP
9
Benford Analysis
Algorithms Workbench

Cloud Services
10
Advanced
Access Controls
(R13)
Restrict Unauthorized Access
& SoD Violations
Advanced
Financial Controls
(R12)
Protect Against Fraud, Error
and Policy Violations
Financial
Reporting Compliance
(R11)
Streamline Internal Controls Processes
Risk
Management
Cloud

Financial Reporting Compliance Cloud Service
Streamline Internal Controls Processes
Complete Assessments
Remediate & Certify Controls
Document Risks & Controls Matrix
Define & Review Audit Test Plans
Enforce Manual Controls
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Advanced Financial Controls Cloud Service
Protect Against Fraud, Error and Policy Violations
Manage Exceptions
Continuous Monitoring
Configure Best Practice Controls
Author New Audit Rules & Algorithms
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Link Results to Business RisksLink Results to Business Risks
Stop High Risk Transactions
 Identical Expenses
 Split Purchase Orders
 Duplicate Invoices
 Unusual Invoice Amt.
 Unauthorized Spend
 Blocked Suppliers
 User Creates Supplier &
Pays invoice

Advanced Access Controls Cloud Service
Restrict Unauthorized Access & Automate SoD Analysis
Manage Exceptions & Simulate Changes
Link Results to Business Risks
Automate User Security Analysis
Deploy Pre-Built SoD Controls
Author New Access Rules & Policies
13

Risk Management Cloud Customers
….and more!
14

Agenda
Introductions
Panelist Q&A
Wrap-up
1
2
3
4
15

Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |
Finance @Oracle
Public Company (NYSE : ORCL)
Presence in more than 145 countries
Revenue : $ 38 Billion (FY16)
Over 420,000 customers
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Drivers: Moving to the Cloud
Modern User
Experience
Built-in Analytics
and Collaboration
More
Innovation
Lower
Costs
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Cloud Plans @ Oracle
Deploy Risk Cloud concurrently
with ERP Cloud Services
Risk Cloud Services are a part of the ERP
Cloud (common instance)
Deploy Foundation, Setups &
Data Repository
Financial Reporting Compliance Cloud
Service
Automate User Access / SOD
Analysis
Advanced Access Controls Cloud Service
Automate Expense Data
Analysis
Advanced Financial Controls Cloud Service
20

Agenda
30
Introductions
Panelist Q&A
Wrap-up
1
2
3
4

DEMOgrounds
Moscone West Level 3 Lobby (M,T,W) ERP Showcase
Workstation
WEP-020
31

Tuesday
GENERAL SESSION
Sep 20, 12:15 PM – 1:00PM | Moscone West 3005
Oracle Risk Management Cloud –
Strategy Roadmap
[GEN7198]
Sid Sinha, Head of Product, Oracle Risk Management Cloud
Corey West, Oracle EVP Corporate Controller and Chief
Accounting Officer, Oracle
Brian Jensen, Director, KPMG LLP
Timothy Reese, Pennsylvania State Treasurer,
Commonwealth of Pennsylvania
This general session provides the latest update on the product
strategy, release roadmap, and best practices for Oracle Risk
Management Cloud.
PANEL SESSION
Sep 20, 4:00 PM – 4:45 PM | Moscone West 3005
Introducing Oracle Financial Reporting
Compliance Cloud [CON7293]
Aman Desouza, Director, Risk Cloud Strategy, Oracle
Adil Khan, Managing Director, FulcrumWay,
Michael Mann, Director, Caesars Entertainment
This session provides an overview of Oracle Financial
Reporting Compliance Cloud and how it automates
certifications, assessments, and related manual tasks for
regulations such as Sarbanes-Oxley Act. It includes a guided
tour of the product, the features and benefits, and describes
how audit teams can transform compliance with automation
using this unique risk management service.
PANEL SESSION
Sep 20, 5:15 PM = 6:00 PM | Moscone West 3005
Introducing Advanced Financial Controls
to Audit Expenses & Accounts Payable
[CON7291]
Kent Spaulding, Software Architect, Oracle
Dane Roberts, Principal Product Strategy Manager, Oracle
Mark Stebelton, Director, Product Management, Oracle
Stephen D’Arcy, Director, PwC
This session provides an overview of Oracle Fusion Advanced
Financial Controls Cloud Service to continuously audit
expenses, accounts payable, and other sensitive financial
transactions. It includes a product tour, features and benefits
and shows how expense managers, controllers, and auditors
can use advanced data analysis to prevent fraud and error
and ensure compliance with policy .
32

Wednesday
CUSTOMER CASE STUDY
Sep 21, 11:00 AM – 11:45 AM| Moscone West 3005
Securing ERP: Application Compliance
and Controls Implementation
[CAS7689]
Gautham Ramkumar: Director, Advisory Services, KMPG LLP
Chuck Devore, Director, Finance Transformation, ADM
Kenneth Kobia, Risk & Controls Lead, Archer Daniels Midland
Organizations have successfully transformed their business
operations by leveraging Oracle ERP technologies. Yet they
continue to struggle to balance the two divergent needs of
empowering ERP business users, while protecting sensitive
data and transactions. In this session KPMG and Archer
Daniels Midland detail how they took advantage of Oracle’s
ERP security and controls capabilities, to support ADM’s
initiative to deploy Oracle ERP .
PANEL SEESION
Sep 21, 1:30 PM – 2:15PM | Moscone West 3005
Introducing Oracle Fusion Advanced
Access Controls to Strengthen Security
[CON7290]
Katrina Johnson, VP Risk Assurance, Service Corp
International
Nicholas Seeman, Director, Advisory Services, KMPG LLP
Barry Greenhut, Director, Product Strategy, Oracle
This session provides an overview of Oracle Fusion Advanced
Access Controls to continuously detect segregation of duties
violations, manage exceptions, and fix unauthorized access to
sensitive functions and data. Compliance managers and
auditors can use Oracle Fusion Advanced Access Controls to
ensure strong access controls across ERP, HCM and SCM
cloud applications.
PANEL SESSION
Implement the Best Practice for Oracle
Financial Reporting Compliance Cloud
[CON7291]
Swarnali Bag, Governance, Risk & Compliance Practice Lead,
Oracle
Barry Greenhut, Director, Product Strategy , Oracle
Lakshmi Rajamohan, Principal Product Strategy Mgr., Oracle
This session provides a more detailed walkthrough of Oracle
Financial Reporting Compliance from an end user’s
perspective, and highlights how the product can be
configured to automate the best practice process. Based on
learning from a decade of customer experience, it showcases
the shortest and most cost-effective path to go live and
streamline operations.
33

Thursday
PANEL SESSION
Sep 22, 9:30 AM – 10:15 AM| Moscone West 3005
Implement the Best Practice for Oracle Fusion Advanced Financial
Controls Cloud Service
[CAS7286]
Swarnali Bag, Governance, Risk & Compliance Practice Lead, Oracle
Christine Doxey, Owner or Partner, “Doxey, Inc”
Lakshmi Rajamohan, Principal Product Strategy Manager, Oracle
This session provides a detailed walkthrough of Oracle Fusion Financial Controls Cloud Service
from an end user’s perspective, and highlights how the product can be configured to automate
best practice controls. Oracle Fusion Advanced Financial Controls Cloud Service is designed to
meet the common needs of Oracle Financials Cloud subscribers. Based on learning from a decade
of customer experience, this session showcases Oracle’s best practice business process for
maximum ROI with minimum cost of ongoing operation.
PANEL SESSION
Get Started with Financial Reporting Compliance and Advanced
Financial Controls
[CON7284]
Lakshmi Rajamohan, Principal Product Strategy Manager, Oracle
Joel Alvarado, Customer Success Manager, Oracle
This session provides you with the most effective project plan to implement Oracle Financial
Reporting Compliance or Oracle Fusion Advanced Financial Controls Cloud Service. Participants
will learn the shortest and most cost-effective path to success using Oracle’s customer and
partner-tested “get started” process. Learn how to plan and adopt these cloud services, and then
sustain your use through growth and change. Learn how to get the experience and expertise
needed to succeed.
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Go-To Partners
Success requires experience and expertise
– get both from our Go-To Partners:
• Guide process owners & participants
through adoption of Best Practice Processes
• Configure software for effective long-term
success: Minimum cost of operation,
Maximum flexibility to adapt to change
To learn more and get connected, contact
your Oracle Success Manager
Current Go-To Partners: KPMG USA, Oracle Consulting USA, FulcrumWay, OneGlobe, PricewaterhouseCoopers USA
35

Copyright © 2016, Oracle and/or its affiliates. All rights reserved.Copyright © 2016, Oracle and/or its affiliates. All rights reserved. | 3636
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#OOW16 - Risk Management Cloud / GRC General Session

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