Oracle Corporation is a global supplier of software, hardware, engineered systems and related consulting, education, and support services for more than 380,000 customers in 145 countries.
Oracle industry solutions leverage the company’s best-in-class portfolio of products to address complex business processes relevant to financial services, helping speed time to market, reduce costs, and gain a competitive edge.
Oracle Financial Services Analytical Applications provides solutions for banking, capital markets, and insurance, including enterprise risk, compliance management, performance and profitability management, and customer analytics.
Products and services
Oracle Financial Services Analytical Applications(OFSAA) bring financial institutions best-of-breed capabilities to proactively manage financial crime and compliance, promote a risk aware culture, and grant insight into the customer.
The applications are built upon a commonly available analytical infrastructure consisting of a unified financial services data model, analytical computations, a Metadata driven “R” modeling platform, and the industry-leading Oracle Business Intelligence platform.
A single, unified data model and infrastructure provides one version of the analytical “truth" to business users throughout the entire enterprise.
This enables financial services institutions to confidently manage performance, governance, risk and compliance.
Shared data, metadata, computations and business rules enable institutions to meet emerging business and regulatory requirements with reduced expenses and the unified platform helps financial institutions to leverage existing investments.
The OFSAA analytical platform is capable of handling structured and unstructured data, persisted on traditional relational or cutting-edge Hadoop stores; it allows financial institutions to manage massive amounts of data and manage the entire lifecycle of data from a single platform.
The metadata driven platform makes models and applications agnostic to underlying technologies.
The OFSAA application suite helps financial institutions acquire transactional and unstructured information and deliver contextual information at the point of interaction to maximize selling opportunities.