Oracle Financial Services Analytical Applications
Oracle Financial Services Analytical Applications (OFSAA) enable financial institutions to measure and meet risk adjusted performance objectives, cultivate a risk management culture through transparency, lower the costs of compliance and regulation, and improve insight into customer behaviour.
OFSAA uses industry-leading analytical methods, shared data model and applications architecture to enable integrated risk management, performance management, customer insight, and compliance management.
OFSAA actively incorporates risk into decision making, enables to achieve a consistent view of performance, promote a transparent risk management culture, and provide pervasive intelligence.
Oracle Financial Services Analytical Applications delivers a comprehensive, integrated suite of financial services analytical applications for both banking and insurance domain.
Oracle Financial Services Analytical Applications Infrastructure
(OFSAAI) is a general-purpose Analytics Applications infrastructure that provides the tooling platform necessary to rapidly configure and develop analytic applications for the financial services domain. It is built with Open-Systems Compliant architecture providing interfaces to support business definitions at various levels of granularity.
Oracle Financial Services Data Foundation
It provides a common platform for risk, finance, treasury, compliance, and customer applications. It integrates source information and standardizes and reconciles the data to provide a single source of truth and enable a faster financial close process
OFSAA DIH Data Integration Hub
Enables data exchange between OFSAA and external systems. This is facilitated through logical abstraction of the OFSAA Data Foundation (Financial Services Data Foundation and Insurance Data Foundation) exposed as Application Data Interfaces (ADI). External Data Sources (EDS) and External Data Descriptors (EDD) are defined through the DIH user interface, which also facilitates the mapping of EDDs to ADIs, forming Connectors Oracle Financial Services Funds Transfer Pricing (FTP) module, a Matched maturity Funds Transfer Pricing application, enabling you to determine the spread earned on assets and liabilities, and the spread earned as a result of interest rate exposure for each and every customer relationship
Oracle Financial Services Profitability Management (PFT)
Module, which enables you to calculate profitability information by products, channels, segments, and even individual customers, fully integrated with ALM and FTP modules Oracle Financial Services Asset | Liability Management (ALM) module, which helps you to measure and manage interest rate risk and liquidity risk, perform balance sheet valuations, and forecast both net interest income and net income. The Oracle Financial Services ALM solution measures and models every loan, deposit, investment, and off-balance sheet instrument individually, helping you to gain a better understanding of the risks they have assumed and their sensitivity to changes in economic conditions
OFSAA Balance Sheet Planning (BSP)
BSP, which is designed to help financial services institutions budget for a full balance sheet and the associated profit and loss statement by accurately modeling the detailed and complex events on a bank’s balance sheet, for both the current book of business and forecasted new volumes
ALM Analytics & EFPA
Oracle Financial Services Asset | Liability Management Analytics (ALM Analytics) and Oracle Financial Services Enterprise Financial Performance Analytics (EFPA) modules, which are the business intelligence tools that contain pre-defined reports and dashboards for ALM and Financial Performance analysis, created in the Oracle Business Intelligence – Enterprise Edition (OBIEE) tool of Oracle;
Oracle Financial Services Financial Crime and Compliance Management (FCCM)
It provides automated, comprehensive, and consistent surveillance of all accounts, customers, correspondents, and third parties in transactions, trades, orders across all business lines. The solution allows organizations such as banks, brokerage firms, and insurance companies to monitor customer transactions daily, using customer historical information and account profiles to provide a holistic view of all transactions, trades, orders and other activities. It also allows organizations to comply with national and international regulatory mandates using an enhanced level of internal controls and governance. FCCM is a common platform that supports the following OFSAA products like Anti-Money Laundering Enterprise Edition ( AML EE ), Know Your Customer (KYC), Enterprise Fraud Management (EFM), Oracle Financial Services Currency Transaction Reporting (CTR), Foreign Account Tax Compliance Act (FATCA) Management , Trading Compliance (TC),Oracle Financial Services Personal Trading Approval, Trade Blotter (TB), Broker Compliance (BC),Energy and Commodity Trading Compliance (ECTC),Enterprise Case Management (ECM) , Compliance Regulatory Reporting.
Oracle Financial Services Analytical Applications Infrastructure (OFSAAI)
Module, which streamlines analysis through a set of tools for data management and security administration. These tools assist with loading, validating, categorizing, selection, and processing of data. The comprehensive set of modules also facilitates security management through a customizable set of profiles to govern user privileges
