2 Oracle Insurance Allocation Manager for Enterprise Profitability

To help financial institutions grow, manage risk, and optimize shareholder value, Oracle delivers a comprehensive, integrated suite of financial services analytical applications.

More than ever, financial institutions, their regulators as well as their shareholders are focused on the need to measure and meet risk-adjusted performance objectives, price products to reflect their true risk, and better understand how their institution is impacted by threats to liquidity, capital adequacy, and exposure to market rate volatility.

OFSAA Data Model

OFSAA Data Model (OFSAADM) is a standalone data warehouse with prepackaged data elements for the financial services industry. OFSAADM is also the foundation for the OFS applications. It provides the database structures necessary to support the individual business applications.

Oracle Insurance Allocation Manager for Enterprise Profitability

Oracle Insurance Allocation Manager for Enterprise Profitability (PFT INS) enables financial services institutions to calculate profitability by-products, channels, segments, and even individual customers. These profitability calculations are adjusted for risk, and they drive Risk-Adjusted Performance Management (RAPM), an imperative for financial services institutions operating in this rapidly evolving and complex industry.

Isolating and analyzing business unit profitability is only the first step in building effective profitability management. To hold operational managers truly accountable for the profitability, senior management must give them the power to identify the products that are profitable in each market segment, for each customer.

PFT INS links general ledger, account-level, and statistical data together to produce detailed financial statements for individual business units, products, and customers. Combining powerful modeling and disciplined accounting, PFT INS delivers complete, accurate, and inclusive profiles of profitability.

Getting Started

Your System Administrator will provide you with a link through which you can access OFSAA Infrastructure. OFSAAI security ensures that every user is permitted access to screens based on his or her role. Roles are designed to provide access to standardized sets of application functionality that are needed by defined groups of users. For detailed information on seeded roles and on defining your own Roles, see the OFS Analytical Applications Infrastructure User Guide.