March 28, 2024

whiskeygingershop

Learn new things

Oracle Tops Chartis RiskTech 2021 Report in Core Tech, IFRS17 and Financial Crime-AML

For the sixth consecutive yr, Oracle Economic Solutions has rated between the best a few global companies of chance administration technological innovation in the annual Chartis RiskTech100® report. It was also recognized as a winner in five remedy classes. The Chartis Analysis report ranks the top rated 100 world-wide players in threat technological know-how.

Chartis names class winners centered a vendor’s operation, core technology, approach, buyer gratification, and market presence. Oracle claimed the prime spots in the Details Integrity and Handle, Economic Criminal offense – AML, IFRS 17 – Information Management and Reporting, and Possibility Details Aggregation and Reporting. It also took the Core Engineering class, which evaluates a vendor’s in general know-how stack vis-a-vis the most current marketplace ideal techniques.

“As financial marketplaces practical experience tension and fluctuation, Oracle’s dependable top rated 3 ranking reflects its main data and analytical power,” mentioned Phil Mackenzie, senior exploration professional at Chartis. “Meanwhile, its category wins spotlight its expanded presence and experience in the anti-fiscal criminal offense and insurance policy accounting areas.”

In its 15th 12 months, the Chartis RiskTech100 report is a thorough examine of the world’s key answer companies in danger and compliance technologies. The rankings replicate Chartis analyst viewpoints, alongside with study into market traits, members, expenditure designs and most effective methods. The examination is validated through various phases of impartial verification.

Much more data and a duplicate of the total report can be identified on Chartis’ website here. Oracle was also recently named a Group Leader in its 2020 RiskTech Quadrant® for AML remedies and its 2020 RiskTech Quadrant® for KYC alternatives.