Oracle Financial Services Analytical Applications (OFSAA)

The application package for banks is Oracle Financial Services Analytical Applications (OFSAA develops a line of a product of Oracle Financial Services Applications (OFSA), well-known in the market. In the new version the word "analytical" reflecting positioning of a product - for the solution of analytical tasks and performance management of banks is added to the name.

In the new version of Oracle significantly upgraded the solution OFSA thanks to consolidation of its opportunities with acquisitions of the last years (companies Reveleus, Mantas, Hyperion, Siebel). Functionality due to consolidation of infrastructures Oracle Reveleus, the solution for financial risk management, and OFSA is significantly expanded. Also the system architecture changed. Now OFSAA is an application package, completely constructed on three-unit architecture. The OFSAA application is not demanded any more by installations on the PC of the user and work via the web browser. They became much more convenient for business users at setup of calculations of a financial result and preparation of the management reporting. And, of course, tasks of implementation and technical support of OFSAA for IT specialists considerably became simpler. All these advantages are already available to clients of RDTECH company.

Principal components of OFSAA - Infrastructure (infrastructure of analytical finance applications), Profitability Management (management of profitability), Funds Transfer Pricing (transfer pricing), Profitability Analytics (a BI-application for the analysis of profitability), Asset Liability Management (management of assets/liabilities), Asset Liability Management Analytics (a BI-application for management of assets/liabilities).