View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
August 12, 2012

Oracle releases new enterprise-wide reporting application

Enterprise Stress Testing & Capital Planning Analytics helps financial institutions improve capital management

By CBR Staff Writer

Oracle Financial Services has introduced Enterprise Stress Testing & Capital Planning Analytics, an enterprise-wide reporting application.

With the help of the new application, financial institutions will evaluate the impact of adverse scenarios on risk and performance, improve capital management as well as strategic planning.

The new application will offer regulatory templates designed to address stress testing requirements as per the Dodd-Frank act.

The new release will allow financial institutions to calculate the amount of stressed capital on an income statement and integrate with the finance function as well as the capital planning process.

It will project profit and loss, income, balance sheet, and capital based on the same scenarios.

The new application will help financial institutions to comply with reporting requirements for multiple jurisdictions including BIS, UK Financial Services Authority (FSA), US Federal Reserve and Australian Prudential Regulation Authority (APRA).

Oracle Financial Services Analytical Applications group vice president and general manager S. Ramakrishnan said that the new application enables a holistic approach to stress testing.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

"It helps banks efficiently comply with both management and regulatory reporting while providing a single, consistent view of current and future financial and risk metrics across baseline and stress conditions thereby providing actionable insight to the capital management process."

The application also supports a set of pre-built dashboards and reports designed to support compliance with the reporting requirements of various regional regulations and governing bodies around enterprise stress testing, including: Basel III Pillar I
Internal Capital Adequacy Assessment Process (ICAAP, US Comprehensive Capital Analysis and Review (CCAR).

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.