M&T Bank and Oracle
summary
A multi‑year modernization moves core finance from an on‑prem stack to Oracle GL and the Oracle cloud, replacing a general ledger from 1976 and centralizing data into a single analytics foundation. The bank (about $200 billion in assets, nearing Category 3) uses consolidated data to automate account reconciliation, run funds‑transfer‑pricing and profitability segments, and target AI pilots in accounts payable, invoicing and regulatory reporting — live go‑lives rolling now.
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