Oracle has announced its Financial Services Asset Liability Management Analytics solution, which is designed to allow financial services institutions to manage interest rate risk while maximising shareholder value. Analysing business transactions and their relationship to enterprise-wide risk is a complicated task, so the Oracle solution aims to provide an integrated view of balance sheet risks and returns. The new product leverages the Oracle Risk Manager, part of the company’s Financial Services Applications (OFSA) suite, and is built on the Oracle Business Intelligence Suite Enterprise Edition Plus (Oracle BI Suite EE Plus) to provide a turnkey application for generating and delivering interest rate risk analytics. The company claims that its new solution also helps organisations reduce total IT cost and complexity by removing the need for custom interfaces between Risk Manager and BI Suite EE Plus. Designed for fast deployment and easy configuration, the application includes a pre-built data model with more than 3,000 metrics for building analysis and reports. Standard reports that are used to evaluate interest rate risk such as market value of equity, duration of equity, re-pricing GAPs, income simulation results, value at risk and earnings at risk are all included.
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