By Jenna Danko on Jan 27, 2016
The global payments landscape is in a state of fundamental transformation. While old powers are being challenged by the impact of technology, global regulations and new competitors, alternative payment providers are taking advantage of the changing environment. Banks will need to move quickly if they are to take advantage of the opportunities on offer in the global payments business.[Read More]
Banks that gain the ability to 'productize innovation' will wield the power to create the next big wave in the industry.
Read on to discover the key pillars on which the bank of the future can be built.[Read More]
Financial institutions as a whole have become so complex and the products they sell have developed at such a rapid pace that their own risk infrastructure has not kept pace. Read on to find out how your organization can stay up to date with regulatory requirements while growing.
When it comes to regulatory reporting, financial institutions feel increasingly boxed in. On one hand, the number, frequency, and complexity of reports continues to spiral, especially for global financial institutions. At the same time, regulators are strongly encouraging firms to spend more time on analysis and review. Please join Ambreesh Khanna of Oracle and Cliff Van Tonder of Lombard Risk as they discuss a comprehensive data-driven approach to regulatory reporting.[Read More]
Vice President of Oracle Financial Services Analytical Applications (OFSAA), Ambreesh Khanna, reports on Oliver Wyman's report ‘Stress relief: Are vended systems the answer?’. The leading global management consulting firm, reported on nine major providers of stress testing solutions. The report revealed delves further into what stress testing systems can deliver, and looks at the standard vended system capabilities against five process steps required to complete a stress test.
To adequately reduce risks inherent in bank models, a comprehensive and sustainable model risk management program should take into account a number of critical components. Join Garima, Senior Sales Consultant for Oracle Financial Services Analytical Applications, as she walks us through these components.[Read More]
Join Bhargava S., VP of Product Management for Oracle Financial Services Analytical Applications, as he answers the questions asked in a previous BCBS 239 blog post. In summary, banks need a strong analytical platform to achieve compliance and the greater goal of turning enterprise information into a strategic asset. The platform should support a bank's efforts to establish effective data governance as well as enhance their data infrastructure to easily monitor, manage and report risks back to regulators.
Keep up to date on business and technology issues affecting financial services and hear from Oracle Financial Services' product and business leaders.