Wednesday May 18, 2016

Centralized Questionnaire Management for a Greater KYC Program

Financial institutions capture a plethora of information as part of the client on-boarding process in order to comply with the Know Your Customer provision of the Bank Secrecy Act and the USA Patriot Act.  Client on-boarding and Account Management are critical functions for any financial institution. The initial verification, risk assessment, and profiling of the client all assist in creating a relationship between two firms. However, it is this critical function that very often becomes a victim of redundant processes and bad data inputs. Read more about the benefits of a Centralized Questionnaire Management Platform from Garima Chaudhary, Senior Sales Consultant for Oracle Financial Services.
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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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Wednesday Mar 27, 2013

Overcoming GRC Silos Through Analytics and Reporting

grc silosIn the previous post "When best of breed financial crime and compliance “point solutions” aren’t enough), Matthew talked about how many companies are increasingly looking to consolidate their various operational risk, compliance, audit and business continuity solutions. Join him now as he shows how to reap some early gains on this front through consolidated analytics and reporting.

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