In New Delhi: Oracle has refurbished its suite of financial services and analytical applications for the enterprise performance management (EPM) space. The new solution is based on the merged capabilities of Oracle Financial Services Applications (OFSA), Oracle's Hyperion, Oracle's Reveleus and PeopleSoft Enterprise Performance Management.
The EPM Suite is designed to help institutions in planning future performance and lowering anticipated risk. It helps in planning net interest margin, anticipate liquidity contingencies and reconcile asset/liability management forecasts with annual budgets and rolling forecasts and provide the capability to go beyond measuring bottoms up historical performance to actively managing future risks and results.
Oracle Financial Services Balance Sheet Planning is a budgeting solution made specifically for bank planning, budgeting and forecasting. This application leverages Oracles Hyperion Planning as a foundation to allow banks to plan future profitability and risk adjusted returns. The solution captures instrument characteristics, and the nuances of each customer relationship to accurately model balance sheet behaviour and provide the most accurate net interest margin and earnings forecasts possible.
The solution makes best use of the divergent capabilities that it has acquired over the past few yearsHyperion, Reveleus and PeopleSoft. Meanwhile, the Oracle Financial Services Asset Liability Management Analytics is an updated version of the Oracle Asset Liability Management business intelligence application emphasises the critical need to measure and manage interest rate and liquidity risk.
Building on the existing functionally rich interest rate risk content, new metrics, reports and dashboards provide additional management insight into stressed results including liquidity gaps, funding concentrations, deposit distribution profiles, marketable assets and liquidity ratios.
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