Oracle Enterprise Risk Management Solutions helps banks and financial solutions to manage risk and address compliance issue. Oracle product follows Basel II regulation which gives an operational synergy between finance and risk functions. Oracle provides the establishment to unify GRC prerequisites and an enterprise risk management framework to set clear accountabilities for risk management and control over the endeavor.
Oracle Enterprise Risk Management Solutions (OERMS) products includes the methods and processes used by organizations to manage risks and creates opportunities relate to achievement of userâ€™s goals. ERM solutions can be described as a risk based approach to manage an enterprise.
Oracle Financial Services Operational Risk provides an in-depth level of insight across the enterprise to effectively identify, monitor, and manage risks and controls across lines of business and across processes within a comprehensive governance, risk, and compliance (GRC) framework. This gives leverage senior management and stack holders the confidence that the business is performing well.
Features of Oracle risk management solutions
ïƒ˜ It spans all areas of risk
ïƒ˜ It enables financial institutions to manage risk and compliance based reporting
ïƒ˜ It helps address Basel III regulations
ïƒ˜ It enables a close operational synergy between finance and risk functions.
ïƒ˜ It interoperate with existing and legacy applications through Oracle open architecture
Benefits of Oracle ERM solutions
ïƒ˜ It calculates accurately risk based pricing exposure
ïƒ˜ It assess risk for portfolio across multiple parameters
ïƒ˜ It sets key performance indicators to reflect risk adjusted returns
ïƒ˜ It provides risk and performance metrics to rating agencies and shareholders
ïƒ˜ It helps ensure compliances
ïƒ˜ It defines and manage plans that cross risk and performance management
ïƒ˜ Examine internet valuing and portfolios utilizing interface to outsider and exclusive systematic devices
ïƒ˜ Guarantee consistence with FAS 133/138 and IFRS (IAS) 39
ïƒ˜ Track life cycles of both the hidden positions and supporting exchanges, including changes of supporting status
ïƒ˜ Implement position restricts and apply constrain controls consequently as these cutoff points are drawn nearer or surpassed
JMR Infotech incorporated in 2007 with the vision of track down the niche market of BFSI. In short existence JMRi has grown to have top banks as clients. JMR Infotech is a fast growing IT company with dynamic and highly skilled people globally in the group. JMR Infotech with operations in all major continents directly or through strong business collaborations augmented by delivery and development centers in India is a leading player in the area of Oracle FLEXCUBEÂ® and Oracle Financial Services implementation and support services. JMR Infotech team has also succeeded in implementing various Oracle Financial Services Analytical Applications (OFSAA) products to its client. JMR Infotech achieves Worldâ€™s first Platinum partnership from Oracle due to sheer dedication and the milestone achievement in banking sector.
In 2015,Silicon Review recognized JMR Infotech as top 50 fastest growing Tech companies in world for the creativity in innovation, customer orientation, domain influence.
JMR Infotech is a leader in banking & financial services software and software-related services. In our short existence, since 2007, we have grown to have top banks as our clients.
Worldâ€™s first Oracle Platinum Partner with Financial Services and full FLEXCUBE Specialization, JMR Infotech provides end-to-end solutions and services for BFSI technology requirement.