2 Getting Started

This chapter contans information onhow to get started with the cloud service, and instructions to use the Admin Console.

• Getting Started with Oracle Cloud: Oracle Cloud is the industry's broadest and most integrated cloud provider, with deployment options ranging from the public cloud to your data center. Oracle Cloud offers best-in-class services across Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS).
• IFRS 9 Solution Cloud Service: Oracle Financial Services IFRS 9 Solution allows financial institutions to address the first phase of IFRS 9 requirements i.e., Classification and Measurement. The application supports Stage determination and account classification. The application measures the Effective Interest Rate (EIR). The application supports two amortization methodologies: The effective Yield Method and the Straight-Line Method. The application supports various reports which can be used for multiple non-regulatory and regulatory purposes.
• Admin Console: Use the Admin Console to perform System Configuration and Identity Management. It is a single point of access to manage identity functions and view administrative features such as Metering, Audit Trail Report and other miscellaneous configuration details in the Oracle Financial Services IFRS 9 Solution.