Oracle Enterprise risk management solutions helps banks and financial institutions to manage risk and address compliance issue. Oracle product follows Basel II regulation which gives an operational synergy between finance and risk functions. Oracle provides the establishment to unify GRC prerequisites and an enterprise risk management framework to set clear accountabilities for risk management and control over the endeavor.
Oracle Enterprise management solution (OERMS) products includes the methods and processes used by organizations to manage risks and creates opportunities relate to achievement of user's goals. ERM solutions can be described as a risk based approach to manage an enterprise.
Oracle Financial Services Operational Risk provides an in-depth level of insight across the enterprise to effectively identify, monitor, and manage risks and controls across lines of business and across processes within a comprehensive governance, risk, and compliance (GRC) framework. This gives leverage senior management and stack holders the confidence that the business is performing well.
Features of Oracle risk management solutions It spans all areas of risk It enables financial institutions to manage risk and compliance based reporting It helps address Basel III regulations It enables a close operational synergy between finance and risk functions. It interoperate with existing and legacy applications through Oracle open architecture
Benefits of Oracle ERM solutions It calculates accurately risk based pricing exposure It assess risk for portfolio across multiple parameters It sets key performance indicators to reflect risk adjusted returns It provides risk and performance metrics to rating agencies and shareholders It helps ensure compliances It defines and manage plans that cross risk and performance management
JMR Infotech incorporated in 2007 with the vision of track down the niche market of BFSI. In short existence JMRi has grown to have top banks as clients. JMR Infotech is a fast growing IT company with dynamic and highly skilled people globally in the group. JMR Infotech with operations in all major continents directly or through strong business collaborations augmented by delivery and development centers in India is a leading player in the area of Oracle FLEXCUBE® and Oracle Financial Services implementation and support services. JMR Infotech team has also succeeded in implementing various Oracle Financial Services Analytical Applications (OFSAA) products to its client. JMR Infotech achieves World's first Platinum partnership from Oracle due to sheer dedication and the milestone achievement in banking sector.
In 2015,Silicon Review recognized JMR Infotech as top 50 fastest growing Tech companies in world for the creativity in innovation, customer orientation, domain influence.
Source : articlesbase.com
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