Oracle Financial Services unveils new mkt solution

Most Commented

Unified Communication for your Biz

Improve your contact center performance. See how you can make a difference.

Reach the ICT Community

Engage and build your ICT audience with CIOL online advertising.

Oracle Financial Services unveils new mkt solution

Provides new and expanded modeling, analysis and reporting capabilities that help financial institutions effectively view and manage balance between risk and returns

Friday, January 30, 2009

Email This

Print This

Comments

RSS

MUMBAI, INDIA: Oracle Financial Services, a subsidiary of Oracle corporation, announced on Thursday the launch of its new solution Oracle Reveleus Market Risk.

The solution provides new and expanded modeling, analysis and reporting capabilities that help financial institutions effectively view and manage the balance between risk and returns, as well as comply with increasing regulatory and reporting requirements across multiple jurisdictions, said a press release.

It enables a clear view of risks and returns using multiple measures such as Value-at-Risk (VaR), Conditional Value-at-Risk (CVaR) and Component VaR – across a wide range of financial instruments, including elaborate derivatives.

The solution's new market risk business intelligence functionality includes a powerful reporting tool that enables financial institutions to customize reporting to suit user requirements and report across multiple levels of the organization, the release added. It also enables side-by-side comparison of historical and current risk, as well as alerts for specified rules, such as a VaR estimate exceeding limits, to enable earlier intervention.

"The new release of Oracle Reveleus Market Risk provides a comprehensive solution that enables financial institutions to manage all of their internal and regulatory market risk requirements – from risk measure estimation to stress testing to model validation – using a single solution, reducing IT complexity and enabling a more complete view," said S. Ramakrishnan, CEO of Reveleus and Mantas products, Oracle Financial Services Software.

Would you like to on this article?

Be first to comment on this article

Name
Email
Your reply

China wooing Indian IT companies

Intuit Money Manager set to make India debut

Obama visit arouses mistrust among China netizens

I have never used Twitter: Obama

Is China speaking English to beat Indian IT?

Symphony names new sales chief

Peter Gartenberg named COO of SAP India

Fly Mobile unveils touch-screen phone at Rs 5,300

LinkedIn names new country manager for India

Motorola to buy video company BitBand

	Simplify Business Management. ERP solutions by IBM
	Carry your Dream, Convey your Value with ZTE
	A fault tolerant server to reduce your TCO

	A must attend event for IT Professionals
	How to make your enterprise productive
	Unified Communication can impact business. Know how

	Making Web3.0 a Reality!
	CIOL Enterprise Next :What's NEXT in IT? :
	Decrease Total System Costs With Cyclone IV FPGAs

	Reach your desired Target Audience and realize high ROI
	Effective ways of Customer Acquisition through Demand Generation
	Reach 2,500 potential Enterprise Customers!