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Oracle Financial Services Profitability Analytics

PRODUCT DESCRIPTION

Companies across the financial services industry are discovering the value of business intelligence as a strategic differentiator. These organizations realize that business intelligence plays a critical role as they face their competitors or, more importantly, as they implement strategies to acquire and retain customers. Business intelligence about the customer or product profitability is central to these strategies. Until now, this valuable information has been largely used at the corporate level by key banking executives. While it is necessary for top executives to know the profitability of their customers and products, it is also critical to make this information available to the front office, branch employees, and call center representatives so that they can better support strategic and operational goals and initiatives.

To help financial services organizations achieve their profitability goals, Oracle Financial Services Applications and Oracle Business Intelligence Enterprise Edition have been integrated into an industry-leading profitability business intelligence application: Oracle Financial Services Profitability Analytics. The combination of these two market-leading solutions provides financial services organizations with a turnkey solution for profitability analytics delivered using Oracle's industry-leading business intelligence platform.

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BENEFITS:

Oracle Financial Services Profitability Analytics is an application that allows financial services organizations to manage operations and business performance more effectively though pervasive insight and intelligence-driven actions. The insight delivered through Oracle Financial Services Profitability Analytics allows financial services organizations to:

  • Track profitability trends and cost structures based on a number of key business dimensions
  • Determine the value of the customer based on the entire relationship
  • Quickly and accurately identify the most- and least-profitable customers

Based on this information, financial services organizations can take actions such as migrating customers from their current portfolio of products to a more profitable portfolio and focusing on building and retaining a high-value customer base.

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