Oracle Financial Services Analytical Applications on Exadata

EXTREME PERFORMANCE WITH ORACLE EXADATA

Oracle Financial Services Analytical Applications (OFSAA) on Exadata V2 can help financial institutions prepare for the future. Oracle Exadata Storage Servers are a complete hardware and software solution for high-performance data warehousing, and online transaction processing. To overcome the limitations of conventional storage, Oracle Exadata Storage Servers use a parallel architecture to significantly increase data bandwidth between the database server and storage.

CIOs can now enable their businesses to perform complex 'what-if' scenarios and enterprise-level analytics previously thought to be impractical or impossible – a true 'win-win' scenario for business and IT. By combining the simplified architecture of Oracle Financial Services Analytical Applications products like Oracle Financial Services Data Warehouse and the raw power of Oracle Exadata Database Machine X2-2, financial institutions can simultaneously provide the fastest possible query response for time sensitive ad-hoc analytics and reporting and cut operating costs by combining siloed functional warehouses across business lines.

 

REGULATORY CAPITAL CALCULATIONS ON ORACLE EXADATA

Recently,

  • Oracle Financial Services Basel Regulatory Capital
  • running on the Exadata Database Machine, computed risk-weighted asset calculations on 65 million exposures within just one hour and 29 minutes. This reflects the exposures typically observed in world’s largest diversified financial institutions. The performance tests were designed to model the Bank for International Settlements’ (BIS) Advanced Internal Ratings-Based (AIRB) approach which also serves as the foundation for regulatory capital calculations at many tier-one financial institutions.

    LIQUIDITY GAP CALCULATIONS ON ORACLE EXADATA

    Additionally, Oracle Financial Services Liquidity Risk Management running on Oracle Exadata Database Machine calculated business-as-usual liquidity gaps for 370 million cash flows across 65 million accounts in just 69 minutes. After applying modified behavior assumptions to simulate adverse market conditions, stressed liquidity gaps were calculated in just 10 minutes. Compliance with liquidity risk requirements including the Individual Liquidity Adequacy Standards of FSA, the Principles of Sound Liquidity Risk Management and Supervision of BIS and the recently released Basel III guidelines, clearly illustrate that effective liquidity management is critical in avoiding future economic crises.

    PROFITABILITY CALCULATIONS ON ORACLE EXADATA

    Furthermore, Oracle Financial Services Profitability Management running on the Oracle Exadata Database Machine computed profitability for 172 allocation rules across 250 million accounts and more than 1 billion transactions in only 4 hours and 45 minutes, compared to up to 48 hours, the typical industry time. These results show it is now practical to generate detailed profitability reports at the account level on a daily or even intra-day basis. The data represents industry-leading performance for volumes reflective of the largest tier-one global financial services institutions.

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