2.2 About OFS Credit Risk Analytics Application

OFS CRA Application Release v8.1.2.0.0 includes the following products:

• Oracle Financial Services Credit Risk Analytics (OFS CRA):

  OFS CRA empowers financial institutions to proactively identify, measure, and mitigate enterprise wide credit risk though its comprehensive, dynamic, and high-quality reports. The application helps gain a holistic enterprise wide view of credit risk present across the banking and trading book. It also enables mitigation of credit and compliance costs by proactively identifying stressed pockets, credit concentrations, undifferentiated credit expansions, provisioning, capital shortfalls, and so on.

  The application enables financial institutions to realign their Credit, Non-performing Assets (NPA), Provisioning, and Capital Management Policy. The application is packaged with prebuilt Infographic Reports and dashboards using Oracle Business Intelligence Enterprise Edition (OBIEE), which also offers enhanced flexibility to customize these prebuilt reports through the inbuilt Visual Analyzer. OFSCRA is a one-stop solution crafted to adequately address the Credit Risk Management challenges faced by all categories of financial institutions.