Financial institutions, throughout the world and in every major regulatory jurisdiction, recognize the direct relationship between rigorous compliance process and market success. While operating in a market driven by intense competition, institutions cannot risk damage to reputation caused by financial abuse. With the changing nature of the brokerage and wealth management business, firms need to undertake proactive measures to protect their customers by better understanding the risks associated with transactions and market exposure.
Oracle Financial Services Broker Compliance makes it possible for analysts, supervisors, and branch managers to know the clients, employees, and representatives that represent a risk to the firm's assets and reputation. It effectively fulfills the compliance mandates established by various self-regulating industry associations.
Oracle Financial Services Broker Compliance enables investigators to focus on the highest risk activities, reduce false positives, automate supervision and surveillance, and streamline oversight and controls with centralized risk case management, powerful investigation tools, and comprehensive reporting and auditing capabilities
Oracle Financial Services Broker Compliance monitors activities across the enterprise, providing critical insight into suspicious behavior. It leverages the tools needed to effectively accelerate an organization's time-to-market in implementing a compliance monitoring solution.
With Oracle Financial Services Broker Compliance, your organization can monitor customer suitability, trading abuses, and broker selling practices, to identify problematic activities related to customer interactions. It alerts analysts and investigators with a context of business data and historical information with which they can streamline analysis and resolution.
To identify behaviors of interest or potentially suspicious behavior, Oracle Financial Services Broker Compliance leverages the Oracle Financial Services Behavior Detection Platform — a robust and comprehensive list of trading behavior scenarios. Oracle Financial Services Broker Compliance monitors investment suitability, trading irregularities, and broker sales practices.