2 Oracle Financial Services Price Creation and Discovery Application
Oracle Financial Services Price Creation and Discovery Application is intended to be used as a tool to aid a banker price, an asset product or liability product, or a bundle across all enterprise products. These are used for a customer while taking into account the customer and product attributes, depth of the customer that is customer's relationship with the bank and the overall profitability at an account or customer level.
The application addresses the pricing needs of both retail as well as the institutional customer through three methodologies namely Carded, Negotiated, and User Input Pricing. It enables the banker to take into account the Transfer Pricing Rate and the Capital Charge Components associated with the deal along with a projection of expenses, other revenue, and all existing relationships (made available through the OFS Funds Transfer Pricing, OFS Institutional Performance Analytics, and OFS Retail Performance Analytics products) to generate the rate. The rate thus generated is saved and available for further analysis and tweaking through What-If Analysis.
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