2.2 Introduction to Oracle Asset Liability Management Cloud Service

Oracle Financial Services Asset Liability Management Cloud Service(OFS ALMCS), 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. OFS ALM is a next generation solution fully integrated with Oracle's Financial Services Analytical Applications and shares a common account level relational data model. With this versatile forecasting tool, powerful analytical functions can be modeled for every instrument, including derivatives and embedded options. Modeling at the account level of detail (loan-by-loan and deposit-by-deposit) provides highly accurate modeling results. Flexible assumption rules and reporting structures support a wide range of analytical power.