By Jenna Danko on Dec 02, 2015
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.
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.
Last week, the Basel Committee on Banking Supervision issued a set of guidelines describing how banks should include the management of risks related to money laundering and financing of terrorism (AML/FT) within their overall risk management framework.
Join Matthew Long, Financial Crime, Operational Risk and Compliance Management Specialist for Oracle Financial Services, as he expands on these guidelines and outlines what organizations can to do manage AML/FT risks.[Read More]
The combination of new banking regulations with an increasingly uncertain business environment, has led to the realization within the financial services industry that the disciplines of model risk management, liquidity risk management, and risk data aggregation are interrelated business obligations.
Join Subin Paul as he discusses the regulations and challenges financial institutions face today.
In his previous blog, John Foulley, Director for Financial Services Analytical Applications at Oracle, addressed the technology components you should consider to roll out initiatives that overlap both Risk and Finance.
Join him now as explains why the physical model is just as important to a business’ success as the logical data model.
Risk Managers and Risk Architects were enjoying a slow beginning of the year when the Basel Committee decided to release a new directive of risk data aggregation and risk reporting. Join John in this first of a four part series on the new age of risk management and data excellence as he walks us through the new directive, which sets the scene for additional requirements, and also creates the opportunity to address the shortcomings that exist in the areas of risk data.
Keep up to date on business and technology issues affecting financial services and hear from Oracle Financial Services' product and business leaders.