3 Oracle Financial Services Liquidity Risk Solution
Oracle Financial Services Liquidity Risk Solution (OFS LRS) is an enterprise-wide, robust and comprehensive liquidity risk framework designed to address liquidity risk of banking institutions across the world. It helps financial institutions to:
- Drive liquidity ratio regulatory compliance and adhere to tight regulatory deadlines through pre-packaged rules and computations.
- Engage in enterprise-wide comprehensive stress testing that feeds into the contingency funding planning process.
- Improve risk reporting practices by leveraging an extensive set of reports and dashboards built out of a unified data model.
The solution contains a common base SKU which is LRMM, and additional jurisdiction specific SKUs for Reserve Bank of India, US Federal Reserve, European Banking Authority, Bank of Thailand, Bank Negara Malaysia, Monetary Authority of Singapore, Hong Kong Monetary Authority and Deposit Insurance Calculations.
LRMM offers regulatory calculations for BIS and co-exists with all other SKUs except Deposit Insurance Calculation. Each SKU serves as a point solution which addresses specific requirements regarding local regulatory guidelines.