1. Asset Liability Management User Guide
  2. Oracle Asset Liability Management Process
  3. Overview of the Process

8.1 Overview of the Process

Oracle Financial Services Asset Liability Management (OFS ALM) is designed to model balance sheets under a variety of rate environments. OFS ALM functionality uses several key concepts and has evolved from the continual iterations of building simulated management processes. The basis of OFS ALM functionality includes:

  • The ability to model account-level detail to precisely capture the complex product characteristics within a financial institution'sportfolios.
  • A flexible time horizon and free-form timing bucket increments for reporting are critical to meet the wide range of forecasting requirements of financialinstitutions.
  • An unconstrained chart of account definition is a basic requirement of effectivemodeling.
  • A structured process for defining and controlling assumptions is critical to anysuccessful modeling process.
  • An unconstrained batching of scenarios, with flexible assumptions sets, is required to achievean effective and efficient analytical process.