As banks begin to prepare for BCBS 239 compliance, elevating awareness around critical requirements is oftentimes complex and must be met with a clearly defined strategy and structure. Successful compliance starts with a deep understanding of the tools you need to equip your institution for comprehensive and accurate risk reporting.
Oracle takes complexity out of the equation by delivering the latest news and information you need to operationalize effective data governance. Because BCBS 239 is more than just deadlines, it signals industry demand – demand for stronger data governance, for sound risk management, and for a more robust reporting ecosystem so that ultimately, financial institutions can achieve their central business goals.
The recent 10th annual Chartis RiskTech100® report ranking the Top 100 Risk technology providers in the world named Oracle as Category Winner in the following categories: Core Technology, Risk Data Aggregation & Reporting and Geographical sector: Americas.