2 Introduction to OFS ALM Application Pack
OFS ALM 8.1.2.0.0 Pack includes the following applications:
- Oracle Financial Services Analytical Applications Infrastructure (OFS AAI): powers the Oracle Financial Services Analytical Applications family of products to perform the processing, categorizing, selection and manipulation of data and information needed to analyze, understand and report on specific performance, risk, compliance and customer insight issues by providing a strong foundation for the entire family of Oracle Financial Services Analytical Applications across the domains of Risk, Performance, Compliance, and Customer Insight.
- Oracle Financial Services Asset Liability Management (OFS ALM): helps financial services institutions measure and monitor interest rate risk, liquidity risk, and foreign currency risk. This solution measures and models every loan, deposit, investment, and portfolio individually, using both deterministic and stochastic methods. Oracle Financial Services ALM is a next-generation solution fully integrated with Oracle’s Financial Services Analytical Applications and shares a common account level relational data model.
- Oracle Financial Services Asset Liability Management Analytics: provides timely and actionable insight for managing interest rate and liquidity risk, and transparency into critical issues.
See the subsequent chapters to know more about this release.