Wednesday May 04, 2016

IFRS 9 (Impairment) - Its Positive Effects on the Financial Services Industry

While IFRS 9 impairment guidelines are posing a lot of challenges to financial services institutions, there are a number of positive effects that should not be overlooked. Oracle Financial Services Analytical Applications Product Manager, Krishnamurthy Venkatraman, discusses what he finds to be the top 3 reasons why IFRS 9 is a good thing.[Read More]

Tuesday May 03, 2016

From FATCA to GATCA: The Making of Global Tax Network (Part 1)

In the first part of the blog series From FATCA to GATCA: The Making of Global Tax Network, Oracle Financial Services Analytical Applications Consultant Gaurav Kesarwani reviews FATCA and its new big brother - GATCA. 
[Read More]

Can ‘IoT’ Shake Banks?

As disruptive technologies continue to fuel innovation, banks are not likely to remain unaffected by the emergence of IOT. Are banks prepared to seize the new opportunities presented by IoT?  Here is a three dimensional perspective on how banks can gear up if indeed IoT reaches a tipping point.[Read More]

Thursday Apr 28, 2016

You have the Data, Now take Control of Business

Howard Mather, Oracle Financial Services Principal Sales Consultant, describes how to make use of data to create a seismic shift in the way we work.
[Read More]

Off the Beaten Path – Exploring Banking Solutions for Women Owned SMEs

Despite the growth of women-owned businesses, there is a tremendous gap in their access to finance. It is estimated that over 70% of women-led SMEs are either unserved or underserved financially, which translates to a roughly $300 billion market opportunity for financial service providers.[Read More]

Monday Apr 25, 2016

It's time to make use of your new asset

Howard Mather, Oracle Financial Services Principal Sales Consultant, discusses how regulations can be used as assets, adding real business value to savvy banks.[Read More]

Friday Apr 22, 2016

Live! From Oracle Industry Connect

Check out these video blogs, recorded LIVE from Oracle Industry Connect. Oracle Product Manager, Don Ryu, discusses the compliance and regulatory space for Financial Crime and Compliance.  In the second video, Oracle Product Manager, Kiran Jagannath gives an update on Customer Insight for Financial Services.
[Read More]

Thursday Apr 21, 2016

Live from ACAMS: Woman on the Street

Our woman on the street, Kim Tyler, Oracle Financial Services Product Manager, discusses the hot topics she saw at ACAMS in her first video blog.
[Read More]

Thursday Apr 07, 2016

The Umbilical Cord Between Business Model and Compliance

In her fifth video blog of the series, Saloni Ramakrishna discusses the fundamental connect between business model and compliance and how compliance has remained in the reactive stance due to a lack of appreciation of this connect.  She speaks of the two components of Business Model (BM) - Target Strategy Model (TSM) and Target Operating Model (TOM) and how compliance is at the core of Target Operating Model. Weaving compliance into the TOM creates the foundation for positive and active compliance that is a value multiplier.[Read More]

Wednesday Apr 06, 2016

Big Data: From Hype to Insight - Part 4 Banking on Big Data

In his fourth and final post of the series, Big Data: From Hype to Insight, OFSAA consultant Gaurav Kesarwani discusses Banking on Big Data: From Data to Dollar$. Learn how banks can incorporate the insights as delivered by the analytics in their business models to be relevant in today's market.
[Read More]

Thursday Mar 31, 2016

The Data Governance Journey: Adjusting to Cultural Change, A follow up conversation from FIMA US

Join Lovell Mathews, OFSAA Product Management, as he explores the Data Governance journey and how financial institutions need to adapt to the cultural shift surrounding it.[Read More]

Wednesday Mar 23, 2016

Big Data: From Hype to Insight - Part 3 Analytics and Visualization

In his third post of a four part series, Big Data: From Hype to Insight, OFSAA consultant Gaurav Kesarwani discusses Big Data Analytics and Visualization. Read more about the exciting world of Big Data Analytics and the business insight it delivers to guide strategic decision making. Stay tuned for his fourth post about Big Data Use Cases.[Read More]

Monday Mar 21, 2016

Know Your Customer: Moving Beyond Regulatory Compliance Part 2

Gururaja Prasanna, Principal Sales Consultant at Oracle, continues the Know Your Customer journey in his most recent blog post. In his last post, he discussed the key challenges around a KYC program and will now continue to outline the best strategy on how to move beyond just checking the regulatory box and ensuring your KYC program is a sound business strategic initiative.[Read More]

Thursday Mar 17, 2016

Big Data: From Hype to Insight - Part 2 Infrastructure and Technology

In his second post of a four part series, Big Data: From Hype to Insight, OFSAA consultant Gaurav Kesarwani discusses Big Data Infrastructure and Technology. Read more about the complete ecosystem from technology to talent - all things which can affect the successfully implementation of Big Data projects. Stay tuned for his third post about Big Data Analytics.[Read More]

Wednesday Mar 16, 2016

Lessons NOT Learned: A Video Blog

In her fourth video blog of the series and in line with the theme of real world issues, Saloni Ramakrishna discusses the lessons that the financial industry have NOT learned from failures, collapses, takeovers, bailouts and astronomical fines that grow more astronomical by the day. History has loads of examples where firms that have been in existence for a century or more have disappeared almost overnight and that is a reality to which financial services cannot afford to be blind. [Read More]

Monday Mar 14, 2016

Successful Data Management: A Marathon, Not a Sprint

The ongoing data deluge in financial services has been quite apparent, and as a result, the criticality and significance of data management and governance needs no further vindication. Regulators have emphasized and enforced the principles for data management with sufficient rigor. Even outside the regulatory pressure, there has been a realization within organizations on the necessity and benefits that they would have with an effective data management program and, more importantly, a technology to implement the program.  Read more from Lovell Mathews, Product Manager at Oracle Financial Services Analytical Applications.
[Read More]

Thursday Mar 10, 2016

Know Your Customer: Moving Beyond Regulatory Compliance

Know Your Customer (KYC) and Enhanced Due Diligence (EDD) refer to operational tasks carried out by financial institutions in order to mitigate their risk exposure and to comply with anti-money laundering. However, financial institutions need to move beyond the challenges posed by this and see this activity as a way to boost customer satisfaction. Read more from Gururaja Prasanna, Principal Sales Consulting at Oracle.[Read More]

Wednesday Mar 09, 2016

Big Data: From Hype to Insight - Part 1 Landscape and Architecture

In his first post of the four part series, Big Data: From Hype to Insight, OFSAA consultant Gaurav Kesarwani discusses Big Data landscape and architecture. After defining big data and reviewing interesting data sources, Gaurav focuses on creating a unified architecture to organize and leverage big data.  Stay tune for his second post: Big Data Infrastructure and Technology.

[Read More]

Monday Feb 22, 2016

A 2020 vision for today's Transfer Agent

A review of the options facing Fund Administrators and Transfer Agents as we look ahead for the next 3 – 4 years.  There are opportunities for those who are based on agile and flexible platforms to increase revenue streams against those who are still struggling with updating and rationalising legacy software and systems.[Read More]

Friday Feb 19, 2016

Predictive Analysis In Fraud Risk

After spending over a couple of decades in Data and Analytics, I am often asked “What kind of Analytics are most suitable for my organization?” There are many kinds of Analytics. In this article DeepalDharwadker - Consulting Practice Director - Business Intelligence will focus on Predictive Analytics in the Fraud Risk domain which constitutes the major play in the Analytics world in this segment.

[Read More]

10 Reasons why Banks should move to Exadata

Exadata Machine

Several Banks are already reaping the benefits of Oracle Exadata Engineered Systems. If you still have not done so, Reshmi R (Kurup) – Solution Architect at Oracle shares ten reasons to move sooner and reap the cost benefits and new opportunities that it opens up. [Read More]

Wednesday Feb 17, 2016

Gray Areas and Myths of Compliance: A Video Blog

In Saloni Ramakrishna's third video blog, the Senior Director at Oracle and Author of Enterprise Compliance Management - An Essential Toolkit for Banks & Financial Institutions discusses the myths and conflicts around compliance.  Watch Saloni Ramakrishna's third video blog of the Compliance Risk Management Series.  The fourth video in the series "Lessons NOT Learned" coming soon.[Read More]

Monday Feb 15, 2016

Oracle Ranked as Category Leader in 2016 Chartis RiskTech 100®

Vice President of Oracle Financial Services Analytical Applications (OFSAA), Ambreesh Khanna, reports on the Chartis RiskTech 100® 2016.  The leading provider of research, covering the global market for risk management technology, ranked Oracle as a category winner in the categories for Core Technology; Risk Data Aggregation & Reporting; and Geographical sector: Americas. 

[Read More]

Wednesday Jan 27, 2016

Drivers of Compliance in the 21st Century: A Video Blog

In Saloni Ramakrishna's second video blog, the Senior Director at Oracle and Author of Enterprise Compliance Management - An Essential Toolkit for Banks & Financial Institutions discusses what's driving compliance in the 21st century.  The classes of compliance drivers she reviews are Direct Drivers and Indirect Drivers.  Do watch Saloni Ramakrishna's second video blog of the Compliance Risk Management Series.  The third video in the series "Gray Areas, Myths, and Conflict Zones of Compliance" coming soon.
[Read More]

Tuesday Jan 19, 2016

Message Standardization approach towards Risk Data Aggregation

It is better to have a long term view towards compliance by adopting standards in the implementation process in order to build a resilient system. Join Aparty in this example of message standardization towards Risk Data aggregation.[Read More]