02:45 PM
Oracle Financial Services Software Releases Oracle Reveleus Market Risk
As part of its ongoing commitment to help financial services institutions achieve accurate assessment of the relationship between existing capital and risk level, Oracle Financial Services Software is offering the availability of a new version of Oracle Reveleus Market Risk.
Oracle Reveleus Market Risk provides new and expanded modeling, analysis and reporting capabilities that help financial institutions effectively view and manage the balance between risk and returns, as well as comply with increasing regulatory and reporting requirements across multiple jurisdictions.
Delivering a single solution for an institution's regulatory as well as internal risk management requirements, Oracle Reveleus Market Risk provides a clear view of risks and returns using multiple measures such as Value-at-Risk, Conditional Value-at-Risk and Component VaR, across a wide range of financial instruments, including elaborate derivatives. The solution helps financial institutions estimate market risk using industry-standard methodologies, including Monte Carlo Simulation and Analytic Method. It also helps facilitate compliance with the Internal Models Approach for capital adequacy as specified under the Basel II Accord and eases multi-jurisdictional regulatory processes. Oracle Reveleus Market Risk is an integral component of the Oracle Reveleus Enterprise Risk Management suite, which also includes Oracle Reveleus Asset Liability Management and Oracle Reveleus Basel II.