New Oracle Cloud Services Help Banks Manage Risk
Oracle News, Wednesday, June 14,2023
SaaS offerings give banks the flexibility and scalability to modernize risk management to quickly adapt to global market volatility
The recent failure of several prominent banks, highlighted the need for financial services institutions to better anticipate and manage risk. To address these challenges, Oracle today launched new cloud-native services that can help banks strengthen their finance and risk management processes to reflect their target risk appetite and limit exposure.
The four new services provide banks with highly scalable profitability management and customer analytics, funds transfer pricing, asset liability management, and cashflow forecasting.