For the fifth consecutive year, Oracle has remained among the top three providers of risk management and compliance technology solutions by the Chartis RiskTech100. Chartis Research is an industry leading research group that specializes in analyzing trends, technology, products, and vendors in the global risk technology market.
Recognized as a category leader for Core Technology and Data Integrity & Control, we are also proud to receive honorable mentions for the following solution categories: Asset liability and management, Financial crime – anti-money laundering, Risk & finance integration, and Risk data aggregation & reporting.
Oracle has helped many financial institutions solve their business problems, while paving the way to transform and integrate the disparate data sets, processes, and systems within their organization.
Modern Finance and Risk for Banks and Insurers
Long before regulators or other vendors envisioned an integrated risk and finance environment, Oracle heavily invested in offering such a platform and the corresponding applications that go with it. As companies start to modernize their finance systems, they are looking for an integrated suite of applications that drive statutory, management, and regulatory reporting – while using the same data set for all 3 streams of activity.
Immediate Benefits to Long-term Growth
Our ability to provide a curated data environment as the single source of truth for all risk and finance needs is the paradigm to finance modernization. This curated data set is reconciled with the General Ledger and applications built on top of it, the same reconciled data is used for computational needs. The results are brought into a common model that immediately make it available for other applications to consume. With Oracle, you can reduce redundant data, data storage, and data computations by eliminating costly and unnecessary integrations across siloed environments.
The wins revealed the strength of Oracle’s technology and suite of solutions, and our commitment to providing industry-leading solutions in the risk and finance space.
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For more information, please visit:
Oracle Financial Services Analytical Applications: oracle.com/industries/financial-services/analytics/
Oracle Financial Services: oracle.com/financial-services