Banking and financial services group UBS has selected cloud-based Oracle Fusion Human Capital Management (HCM) to securely provide the information and tools needed by its Human Resources functions for its 65,000 workforce working in more than 50 countries.
Oracle HCM applications are an integrated suite, which includes core HR transactions to workforce service automation and delivery, to complete enterprise talent management, including many other applications.
The banking and financial services group has selected Oracle Fusion HCM due to its functionality and secure delivery.
Oracle said the Fusion HCM applications will also provide data security to UBS.
UBS is also planning to deploy a number of Oracle Fusion HCM modules, including Global HR, Business Intelligence, Performance Management, Talent Management and others.
In addition, UBS expects to take advantage of future enhancements to Oracle Fusion HCM, which is designed to deliver ongoing value to HR, managers and employees without lengthy upgrade cycles.
UBS HR global head John Bradley said the company needs an HCM application that works globally and can help transform the way its HR organisation delivers services.
"We believe that Oracle Fusion HCM will significantly increase our HR core platform capability," Bradley said.
