2.1 About Oracle Financial Services Analytical Applications (OFSAA)

OFSAA is a suite of applications covering risk, performance, financial crime, compliance, customer insight and regulatory reporting functions. These applications are built on a common technology infrastructure, which works off a singular data model that has unified structures for non-redundant acquisition, hosting and processing of data, and renders rich information output that can be analyzed across a conformed set of perspectives. Sophisticated processing engines underlying the suite facilitate modular deployment and are controlled by comprehensive, user-configurable metadata. The OFSAA applications are in use at a number of financial institutions across the globe. (Required) <Enter introductory text here, including the definition and purpose of the concept.