This chapter introduces Oracle Hedge Management and IFRS Valuations giving an insight into its place in the Oracle Financial Services Analytical (OFSAA) group of applications.
Topics
OFS HM and other Oracle Financial Services Applications
Oracle Financial Services Hedge Management (HM) operates on top of a common infrastructure, Oracle Financial Services Analytical Applications Infrastructure (OFSAAI). OFSAAI is the central, integrated data source and application infrastructure on which Oracle Financial Services Analytical (OFSAA) applications are built. The OFSAA applications are a comprehensive decision support solution that significantly enhances enterprise risk and performance management functions across a financial institution.
Topics
Oracle Financial Services Enterprise Performance Management
OFSAA Asset Liability Management
OFSAA Business Intelligence Applications
To help financial institutions grow, manage risk, and optimize shareholder value, Oracle delivers a comprehensive, integrated suite of financial services analytical applications for enterprise performance management (EPM).
More than ever, financial institutions, their regulators, and their shareholders are focused on the must measure and meet risk-adjusted performance objectives, price products to reflect their true risk, and better understand how their institution is impacted by threats to liquidity, capital adequacy, and exposure to market rate volatility.
OFSAA Data Model (OFSAA DM) is shipped with optimized data structures and pre-packaged data elements developed specifically for the financial services industry. OFSAADM is the foundation for the OFS applications. It provides the database structures necessary to support individual business applications.
OFSAA Infrastructure is the foundation for OFSAA. It provides support for User Administration, Metadata Management, a Processing Framework, a Forms Framework, and additional capabilities necessary to support the individual business applications.
Volatile market conditions and increasing regulatory pressures are placing greater demands on the risk management function. These stresses are driving financial institutions to review their current risk modeling and measurement capabilities. Yet, these circumstances also provide institutions with the opportunity to update technology solutions to systems fully integrated across the risk and performance spectrum. Departmental, one-off solutions are no longer viable alternatives in an environment where all systems must work together.
Oracle Financial Services Asset Liability Management (ALM) helps financial services institutions measure and manage interest rate risk and liquidity risk, perform balance sheet valuations, and forecast both net interest income and net income. The Oracle Financial Services ALM solution can measure and model every loan, deposit, investment, and off-balance sheet instrument individually, using both deterministic and stochastic methods. This helps institutions gain a better understanding of the risks they have assumed and their sensitivity to changes in economic conditions.
OFSAA Business Intelligence (BI) Applications are complete, prebuilt BI solutions that deliver intuitive, role-based intelligence for everyone in an organization - from front line employees to senior management - that enable better decisions, actions, and business processes.