Oracle Shines in the 2020 RiskTech Quadrant® for Both AML and KYC
Chartis Research recently named Oracle a Category Leader in its 2020 RiskTech Quadrant® for AML solutions and its 2020 RiskTech Quadrant® for KYC solutions. Chartis Research is an industry-leading research group specializing in analysing trends, technology, products, and vendors in the global risk technology market. Oracle’s position as a Category Leader in the quadrants reflects its completeness of offering and strong market potential in AML (anti-money laundering) and KYC (Know Your Customer).
Last year, Oracle was also a Category Leader in the 2019 RiskTech Quadrant® for AML/watchlist monitoring solutions. Oracle maintained its position. It continued to invest in advanced analytics (including supervised machine learning and graph-based detection), integrated model authoring and testing, improved business intelligence and visualization capabilities, enhanced investigation efficiency, and improved case creation for AML.
In 2019 Oracle was in the Best of Breed quadrant for KYC solutions. In 2020, Oracle improved its position by increasing partner coverage and reducing implementation costs.
Read the Chartis KYC/AML Software Solutions, 2020: Market Update and Vendor Landscape report here.
Fighting Financial Crime Effectively and Efficiently for Over 20 Years
Since 1996, Oracle Financial Crime and Compliance Management have helped financial institutions protect the integrity of their organizations and achieve compliance with the most effective and efficient suite of anti-money laundering and anti-financial crime solutions. Our end-to-end anti-money laundering application suite provides customer due diligence, transaction monitoring, investigations, and reporting – all backed by unrivalled data management, advanced analytics, and a robust platform that combines enterprise-grade, resilient architecture with cutting-edge innovations.
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