Oracle Financial Services Enterprise Case Management introduced
Oracle has introduced its Financial Services Enterprise Case Management to help financial services institutions more effectively and efficiently manage financial crime investigations and compliance across their enterprises. The new solution, which is powered by the Oracle Financial Services Analytical Applications infrastructure, is said to provide financial services organizations with a single, enterprise-wide case management platform to meet the diverse demands of their business-specific investigation functions.
In addition to gaining increased visibility into investigations across the enterprise, Oracle Financial Services Enterprise Case Management is believed to help banks reduce operational costs associated with managing compliance and financial crime. With the enterprise-wide case management platform, they can consolidate technology costs from multiple financial crime and compliance programmes and leverage technology expertise and resources across various lines of businesses.
"Oracle Financial Services Enterprise Case Management helps organizations gain a comprehensive view of financial crime investigations across their enterprises, enabling new levels of collaboration and insight. At the same time, this enterprise approach helps organizations to control the rising operational costs associated with financial crime investigations and compliance by enabling them to consolidate technology costs, preserve existing fraud and AML IT investments, and share IT resources across various business groups," said S. Ramakrishnan, Group Vice-President & General Manager, Financial Services Analytical Applications, Oracle.
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