Wednesday Oct 14, 2015

Model Risk Management: A CCAR Perspective

Model risk is not a new concept to financial services institutions. However, while financial institutions are undertaking model risk as a calculated risk for conducting business, regulators have started emphasizing the need for effective model risk management and governance. Join Krishnamurthy Venkatraman, Senior Principal Product Manager for Oracle Financial Services Analytical Applications, as he reviews the Supervisory Guidelines on Model Risk Management and how financial institutions should be strengthening their MRM framework and governance.
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How to Stay Ahead in The World of Financial Crime

Banks can no longer wait and see, they need to address their issues before it takes over. Banks need to apply a risk-based approach in order to take proportionate measures. Relationships should only be terminated when risks cannot be mitigated instead of cutting out entire jurisdictions. [Read More]

Friday Oct 02, 2015

Big Data and Financial Crime and Compliance: A marriage made in heaven or one that's doomed to fail?

Big data is a trendy topic right now, not only in financial services, but across all industries.  As the quantity of available data will most definitely continue to increase, especially in the financial services industry, is big data and financial crime and compliance management a marriage made in heaven or one that's doomed to fail?  Join Sasi Mudigonda, Senior Product Manager for Financial Services at Oracle, as he dives headfirst into a data lake.
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Thursday Jul 09, 2015

Eliminate the Vulnerability in Model Risk Management in Banking

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.

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Tuesday Jan 27, 2015

Oracle Ranked as Category Leader in 2014 Chartis Financial Crime Risk Management Report

Vice President of Oracle Financial Services Analytical Applications (OFSAA), Ambreesh Khanna, reports on Chartis' 2014 Category Leaders in Financial Crime Risk Management.  The leading provider of research, covering the global market for risk management technology, ranked Oracle as a top provider of the solutions firms need to solve financial crime, regulatory, compliance and fraud issues. The findings revealed the strength of Oracle's technology - the OFSAA Financial Crime and Compliance portfolio of applications deliver high-volume and low-latency suspicious transaction detection.  Read more here.
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