Monday Apr 25, 2016

It's time to make use of your new asset

Howard Mather, Oracle Financial Services Principal Sales Consultant, discusses how regulations can be used as assets, adding real business value to savvy banks.[Read More]

Thursday Apr 21, 2016

Live from ACAMS: Woman on the Street

Our woman on the street, Kim Tyler, Oracle Financial Services Product Manager, discusses the hot topics she saw at ACAMS in her first video blog.
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Thursday Apr 07, 2016

The Umbilical Cord Between Business Model and Compliance

In her fifth video blog of the series, Saloni Ramakrishna discusses the fundamental connect between business model and compliance and how compliance has remained in the reactive stance due to a lack of appreciation of this connect.  She speaks of the two components of Business Model (BM) - Target Strategy Model (TSM) and Target Operating Model (TOM) and how compliance is at the core of Target Operating Model. Weaving compliance into the TOM creates the foundation for positive and active compliance that is a value multiplier.[Read More]

Wednesday Apr 06, 2016

Big Data: From Hype to Insight - Part 4 Banking on Big Data

In his fourth and final post of the series, Big Data: From Hype to Insight, OFSAA consultant Gaurav Kesarwani discusses Banking on Big Data: From Data to Dollar$. Learn how banks can incorporate the insights as delivered by the analytics in their business models to be relevant in today's market.
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Wednesday Mar 16, 2016

Lessons NOT Learned: A Video Blog

In her fourth video blog of the series and in line with the theme of real world issues, Saloni Ramakrishna discusses the lessons that the financial industry have NOT learned from failures, collapses, takeovers, bailouts and astronomical fines that grow more astronomical by the day. History has loads of examples where firms that have been in existence for a century or more have disappeared almost overnight and that is a reality to which financial services cannot afford to be blind. [Read More]

Friday Feb 19, 2016

Predictive Analysis In Fraud Risk

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 DeepalDharwadker - 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.

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Wednesday Feb 17, 2016

Gray Areas and Myths of Compliance: A Video Blog

In Saloni Ramakrishna's third video blog, the Senior Director at Oracle and Author of Enterprise Compliance Management - An Essential Toolkit for Banks & Financial Institutions discusses the myths and conflicts around compliance.  Watch Saloni Ramakrishna's third video blog of the Compliance Risk Management Series.  The fourth video in the series "Lessons NOT Learned" coming soon.[Read More]

Monday Feb 15, 2016

Oracle Ranked as Category Leader in 2016 Chartis RiskTech 100®

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. 

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Wednesday Jan 27, 2016

Drivers of Compliance in the 21st Century: A Video Blog

In Saloni Ramakrishna's second video blog, the Senior Director at Oracle and Author of Enterprise Compliance Management - An Essential Toolkit for Banks & Financial Institutions discusses what's driving compliance in the 21st century.  The classes of compliance drivers she reviews are Direct Drivers and Indirect Drivers.  Do watch Saloni Ramakrishna's second video blog of the Compliance Risk Management Series.  The third video in the series "Gray Areas, Myths, and Conflict Zones of Compliance" coming soon.
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Tuesday Jan 19, 2016

Message Standardization approach towards Risk Data Aggregation

It is better to have a long term view towards compliance by adopting standards in the implementation process in order to build a resilient system. Join Aparty in this example of message standardization towards Risk Data aggregation.[Read More]

Wednesday Jan 13, 2016

Interesting Shifts in the Compliance Space: A Video Blog

Introducing Saloni Ramakrishna, Senior Director at Oracle and Author of Enterprise Compliance Management - An Essential Toolkit for Banks & Financial Institutions, in her debut video blog series.  In her first post, Saloni Ramakrishna discusses interesting shifts in the compliance landscape.[Read More]

Wednesday Dec 02, 2015

How to Gain an Enterprise-Wide View of Model Risk

Financial Institutions maintain model critical information on a silo’d basis and as a natural extension of the same, the risks arising from these models are also managed on a silo’d basis. This causes a challenge for senior management to get an enterprise-wide view of the risks arising out of models used across the organization. Therefore, there is a need to adopt an enterprise-wide approach when it comes to model risk breaking divisional silos. Read the latest blog post from Krishnamurthy Venkatraman, Senior Principal Product Manager for Oracle Financial Services Analytical Applications, to learn how financial institutions can gain an enterprise-wide view of model risk.
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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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Thursday Oct 08, 2015

Adapt and Evolve in the New Regulatory Regime

According to the Office of the Comptroller of the Currency (OCC), the US supervisor will be looking ever more closely at how banks are adapting to evolving AML and cyber security threats, whilst maintaining a strong governance and oversight process, including documented gaps and timelines to close them.  Join Matthew Long, Financial Crime and GRC Management Global Solution Lead for Oracle Financial Services Analytical Applications, as he reviews some of the key focus areas from the OCC FY 2016 Operating Plan.
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Monday Sep 28, 2015

Sophisticated Pricing Strategies: One Price DOES NOT Fit All

With a persistent low growth environment, a myriad of regulatory obligations and most banks running after a finite set of “good” customers, bank profitability is under great pressure. One niche lever in the hands of the banker in such a challenging environment is pricing. Join Kiran Jagannath, Vice President of Financial Services Analytics at Oracle, as he discusses the benefits of relationship-based pricing strategies and why one price DOES NOT fit all.
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Monday Aug 17, 2015

Data Governance is about more than ticking regulatory boxes – it’s good for business

Financial institutions as a whole have become so complex and the products they sell have developed at such a rapid pace that their own risk infrastructure has not kept pace.  Read on to find out how your organization can stay up to date with regulatory requirements while growing. 


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Tuesday Aug 11, 2015

Find a Silver Lining to Regulatory Reporting

When it comes to regulatory reporting, financial institutions feel increasingly boxed in.  On one hand, the number, frequency, and complexity of reports continues to spiral, especially for global financial institutions.  At the same time, regulators are strongly encouraging firms to spend more time on analysis and review.  Please join Ambreesh Khanna of Oracle and Cliff Van Tonder of Lombard Risk as they discuss a comprehensive data-driven approach to regulatory reporting.

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Friday Jul 10, 2015

Oracle Featured in Oliver Wyman’s Report on Vended Stress Testing Systems

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. 

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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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Wednesday Apr 29, 2015

A Picture of an Effective Data Governance Structure

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.

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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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Tuesday Nov 11, 2014

Compliance Risk Assessment: Are Tier 1 Banks doing it Right?

In this post, Garima Chaudhary, Senior Sales Consultant for Oracle Financial Services Analytical Applications, discusses today's stringent regulatory environment in the financial industry. Due to the nature and levels of risks inherent to their business activities, tier 1 financial institutions should have a compliance risk management framework that enables them to identify, monitor, and effectively control the compliance risks facing their entire organization. As a result, compliance risk management has emerged as key business concern across the globe.
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Thursday Nov 06, 2014

De-Risking AML & CTF: Are You Throwing the Baby Out with the Bathwater?

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.

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Wednesday Nov 05, 2014

Forecast, Model, Repeat… Welcome to the 5th Annual CCAR Cycle

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.

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Wednesday Oct 29, 2014

Winning the Battle Against Financial Crime in the Era of Real-Time Payments

In his post, Stuart Houston, Global Solution Manager for the Financial Services Global Business Unit at Oracle, discusses the dangers behind real-time payments and fraud.  Today, banks are generally quick to detect fraudulent activity; however, fraud is still one of the fastest growing crimes in Australia. Learn more about what was discussed at executive luncheons in Sydney and Melbourne on the topic of real-time fraud detection and management.
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