Finance Transformation Meets Post-Crisis Risk Management: The Need for a Unified Platform Architecture

Click here to download now

Source: Oracle
Date: December 201
Type: White Paper
Rating: (0)

Overview: Globally, financial institutions are faced with ever pressing challenges to enhance their business models, while simultaneously having to comply with a plethora of new regulations.

Through these changes they have realized a more integrated - finance and risk - architecture is essential. Historically these different business elements had been addressed using a silo based approach and invariably led to a manually driven architecture being embedded within a financial institution.

This is not conducive to a streamlined financial closing cycle and creates a misalignment between financial, management and regulatory reporting. Mindful of this strategic challenge facing the industry, this whitepaper explores the case for a transformative architecture aligning - risk and finance - functions to deliver tangible efficiencies across reporting processes and ultimately empower an improved strategic decision making framework.

Not what you're looking for? Search again
Go Advanced »
More From the Application Development Section

Featured Banking Resources

What Every Banker Needs to Know About Dodd-Frank (in Less Than 40 Pages)
This Dodd-Frank Cheat Sheet is a synthesis of the legislation's most important provisions, highlighting the Act's key requirements, deliverables and IT implications. While the Cheat Sheet isn't a substitute for reading the entire legislation, the interactive tool will help you make sense of this historic piece of regulation -- in less than 40 pages.

Banking Webcasts