By tushar.chitra on Feb 25, 2015
In this post, Matthew Long, Financial Crime and Compliance Management Global Solution Lead for Oracle Financial Services Analytical Applications at Oracle, defines the practice of exiting customer relationships. This approach (and the term de-risking) is becoming increasingly more prevalent and has drawn recent criticism from regulators and institutions, such as FATF who have concerns over the impact of these actions. Instead of dropping high risk business, companies are instead being urged to improve their risk financial crime and compliance frameworks and reap the potential benefits.[Read More]
In this post, David Bomser, Senior Director for Banking Analytics at Oracle, discusses new CCAR exercises. For bank holding companies with more than $50 billion in assets, it’s time to get moving if you haven’t already. The Federal Reserve just released its scenarios and shocks for the 2015 Comprehensive Capital Analysis & Review (CCAR) exercise, and these banks’ capital plans are due on or before January 5, 2015. Read more here.
Join Bhargava, VP of Product Management for Oracle Financial Services Analytical Applications, as he reviews the five key questions that every bank should ask themselves when evaluating their organization's data governance policy. Isn't compliance on its own enough of a challenge? When it comes to BCBS 239, compliance by the January 2016 deadline presents a whole new hurdle for some banks and financial institutions to overcome. However, there are several approaches banks can take to alleviate the complexity of the situation. Read more from Bhargava S.
A strong transaction banking platform enables banks to take advantage of new opportunities in the ASEAN Economic Community.
Join Anand as he offers his views on the challenges and opportunities for this region.
Whether operating in normal or disaster conditions, having a single view of the truth enables banks to make better decisions based on the total customer relationship.Join Darren as he discusses how to proactively deal with the revenue leakage.
Keep up to date on business and technology issues affecting financial services and hear from Oracle Financial Services' product and business leaders.