Turn Compliance into a Competitive Advantage

Rapidly comply with changing regulations using a modern, adaptable, and extensible platform.

Do more with less

Oracle Financial Services Financial Crime and Compliance Management solutions provide standardized, preconfigured, concise, and accurate monitoring and reporting on a comprehensive platform, enabling financial services institutions to manage regulatory requirements concerning tax compliance.

Oracle Financial Services Foreign Account Tax Compliance Act Management provides a compliance solution that addresses immediate and long-term compliance to US FATCA regulations. It minimizes the impact to current architecture and operations with preconfigured FATCA account categorization, due diligence, and reporting capabilities.

Oracle Financial Services Common Reporting Standard addresses OECD domestic guidelines and streamlines the compliance process using global standards to capture all required data.

Platform

Gain a holistic view of all transactions

The financial services industry continues to be highly monitored and regulated. Few areas have seen more of an increased focus than money laundering and counterterrorist financing. Driven by criminal networks, this sophisticated and growing pandemic requires anti-money laundering solutions that provide insight across the enterprise and the entire globe.

Oracle Financial Services Financial Crime and Compliance Management solutions for anti-money laundering provide advanced detection methodologies, investigation, and reporting of suspected money laundering and terrorist financing activities. The result is a more transparent view of financial activity and customer risk and compliance with current and emerging regulations.

Antimoney Laundering

Explore and visualize financial crime

Uncovering patterns of suspicious behavior requires a judicious combination of rules, machine learning, and graph (also known as network) analysis. A modern antifinancial crime platform should combine all three approaches.

Oracle Financial Services Financial Crime and Compliance Management solutions allow institutions to discover relationships between complex, interconnected data to identify patterns and uncover fraudulent behaviors.

Next Generation Detection

Win the battle against financial crime

There is no shortage of ingenuity when it comes to financial crime and fraud. We see this daily as fraudsters continuously adapt their approach and methods in an effort to stay one step ahead of the law and the latest detection technologies. The velocity, complexity, and expanded opportunity for financial crime require financial institutions to rethink and retool their approach to fraud management.

Oracle Financial Services Fraud combines real-time monitoring and correlation with sophisticated analytics and case management, enabling rapid detection of complex fraud schemes.

Fraud

Critical insight into suspicious behaviors

Financial institutions with retail, wealth management, and private banking businesses recognize the direct relationship between rigorous compliance processes and market success. As regulations around trading and broker compliance increase, so has the focus on customer suitability and insider trading. While operating in a market driven by competition, institutions cannot risk damage to reputation and client trust caused by financial abuse and illicit activity by individual customer relationship managers.

Oracle Financial Services Broker and Trading Compliance solutions provide comprehensive surveillance coverage of regulatory requirements.

Capital Markets

Streamline the compliance process

Oracle Financial Services Financial Crime and Compliance Management solutions provide standardized, preconfigured, concise, and accurate monitoring and reporting on a comprehensive platform, enabling financial services institutions to manage regulatory requirements concerning tax compliance.

Oracle Financial Services Foreign Account Tax Compliance Act Management provides a compliance solution that addresses immediate and long-term compliance with the US FATCA regulation. It minimizes the impact to current architecture and operations with preconfigured FATCA account categorization, due diligence, and reporting capabilities.

Oracle Financial Services Common Reporting Standard addresses OECD domestic guidelines and streamlines the compliance process using global standards to capture all required data.

Tax Compliance
Celent Report

Dawn of a New Era in AML Technology

Arin Ray, senior analyst at Celent, writes about the growing pains in anti-money laundering (AML) operations, potential opportunities gained by leveraging advanced analytics, and its adoption trends and impact.