Credit management specialist Atradius has launched a new credit management portal, Atrium, using Oracle (NASDAQ:ORCL) technology. The digital platform enables companies worldwide to manage their credit insurance policies and apply for credit limits in one spot, in real time.

The new portal provides Atradius’ customers a quick and easy way to complete credit insurance transactions worldwide in more than 45 countries and has been built with a flexible architecture so that new functionalities can be added easily.

The Atradius Atrium portal will provide brokers, agents and account management teams with a faster and more efficient way to complete claims applications for the insured customers of Atradius. They are able to search and view information about buyers’ creditworthiness, such as buyer ratings, current cover, and claims before applying for a credit limit. The customer can then directly apply for a credit limit with the information already included in the application so credit limit decisions can be made quickly.

Atrium was developed using Oracle web publishing technology which connects to a back office application based on Oracle business application technology. Atradius has consistently and deliberately standardized its IT environment on Oracle in order to benefit from a one stack approach.

By doing so, the company benefits from seamless integration and optimum use of Oracle licenses. The company also uses Oracle cloud-based solutions, including Oracle Human Capital Management (HCM) Cloud and Oracle Sales Cloud.

Oracle shareholders were not hailing the news on Monday markets; the stock traded cheaper by 33 cents to $47.97.

Article syndicated under license from Baystreet via QuoteMedia

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