By Jenna Danko on Apr 06, 2016
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.
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 Deepali Dharwadker - 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]
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.
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]
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.
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