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New Oracle Solution Helps Banks Manage Exposure
Oracle (Redwood Shores, Calif.) is introducing the latest addition to its Flexcube family, Flexcube Enterprise Limits and Collateral Management. This new solution is designed to help financial institutions better manage their exposure across the enterprise.
Enterprise Limits and Collateral Management is an SOA-based application that helps banks achieve a holistic view of their exposure by helping them centralize collateral management, limits definition, and tracking and measurement of exposure across the institution. Users can centralize exposure management across the entire spectrum of offerings including loans, trade finance, treasury and overdrafts, according to Oracle.
The new solution is designed to enable more efficient limits monitoring across the institution with centralized online tracking and monitoring of multi-currency limits for all transactions across all branches or entities; provides access to actionable business information using dashboards and other intelligence tools for regulatory and key stakeholder reporting; and banks can use the solution to help streamline collateral management processes with a flexible structure that provides for real-time revaluation to help them to maintain realistic limits that reflect prevailing market trends.
For more information, visit Oracle.