1. Implementing Risk Management
  2. Overview of Configuration and Administration

Overview of Configuration and Administration

In the Setup and Administration work area, you can set features that configure Oracle Fusion Cloud Risk Management for use and routine maintenance. Some features are common to its applications:

  • You can activate or deactivate email alerts and notifications that inform users of tasks requiring their attention.

  • You can modify lookups, which store values displayed in lists of values.

  • If you've created a Risk Management dashboard in Oracle Transactional Business Intelligence, you can set up an icon that opens the dashboard from the Risk Management springboard.

Other features are specific to Oracle Fusion Cloud Advanced Controls:

  • Models and controls are subject to limits that improve performance by reducing the number of records involved in data-intensive operations. You can modify those limits.

  • For certain business objects, you can set up the conversion of monetary amounts to a single currency.

  • You can synchronize data. This operation updates transaction and audit data records with fresh data from your Oracle Cloud data source.

  • You can purge results generated by controls.

  • You're connected by default to a native Oracle Cloud data source, which provides data from many Fusion Cloud applications for analysis by models, controls, and access-certification campaigns. You can also connect to, or import data from, other data sources.

  • You can manage global users. A global user ID is a single identifier that correlates to potentially varying IDs a person may have in business-application accounts, particularly accounts in multiple data sources.

Still other features are specific to Oracle Fusion Cloud Financial Reporting Compliance:

  • You can migrate operational data.

  • You can select assessment activity types for each of the Process, Risk, and Control objects. For each activity type, you can edit guidance text and an activity question.

  • You can review responses that assessors may select as they complete assessments.

In Oracle Fusion Cloud Access Certifications, you can activate an enhanced version of the worksheet in which certifiers record their judgments of whether role assignments are justified.

In Oracle Fusion Functional Setup Manager, you can configure flexfield "segments." Each segment is, in effect, a user-defined field that appears in the record of an object. Collectively, they enrich object records by adding details unique to your requirements.