Oracle Unveils Oracle® Financial Services Asset Liability Management Analytics
New Oracle Business Intelligence Application to Help Financial Services Institutions More Effectively Manage Interest Rate Risk
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REDWOOD SHORES, Calif.,
01-APR-2008 05:00 AM
- Oracle today announced the availability of Oracle(r) Financial Services Asset Liability Management Analytics, an innovative, pre-built business intelligence application that allows financial services institutions to manage interest rate risk while maximizing shareholder value.
- A typical financial services institution's balance sheet is the result of millions of individual transactions with unique attributes. Analyzing these transactions and their relationship to enterprise-wide risk is an extremely complicated task.
- Oracle Financial Services Asset Liability Management Analytics helps financial services companies gain a competitive advantage by providing them with greater business insight through an integrated view of balance sheet risks and returns.
- The new product leverages the depth and accuracy of data in Oracle Risk Manager, part of the Oracle Financial Services Applications (OFSA) suite, and is built on the comprehensive, standards-based Oracle Business Intelligence Suite Enterprise Edition Plus (Oracle BI Suite EE Plus) to provide a turnkey application for generating and delivering interest rate risk analytics.
- Oracle Financial Services Asset Liability Management Analytics also helps organizations reduce total IT cost and complexity by removing the need for custom interfaces between Oracle Risk Manager and Oracle BI Suite EE Plus. Designed for fast deployment and easy configuration, the application includes a pre-built data model with more than 3,000 metrics for building analysis and reports.
- Standard reports that are used to evaluate interest rate risk such as market value of equity, duration of equity, re-pricing GAPs, income simulation results, value at risk and earnings at risk are all included as part of Oracle Financial Services Asset Liability Management Analytics.
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"The highly volatile nature of today's financial markets is forcing the financial services industry to place renewed emphasis on the most efficient use of capital balanced with acceptable risk. Oracle Financial Services Asset Liability Management Analytics helps financial services institutions gain a competitive advantage by providing them with better insight through an integrated view of balance sheet risks and returns," said Chris Spofford, Director, Financial Services Product Strategy, Oracle.
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About Oracle
Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.
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