New Delhi: Oracle has announced new and upgraded applications for its unified suite of financial services analytical applications for enterprise performance management (EPM).

The new solutions,is developed based on the merged capabilities of Oracle Financial Services Applications (OFSA), Oracle's Hyperion, Oracle's Reveleus and PeopleSoft Enterprise Performance Management.

The EPM Suite is designed to help institutions in planning future performance and lowering anticipated risk. It helps in planning net interest margin, anticipate liquidity contingencies and reconcile asset/liability management forecasts with annual budgets and rolling forecasts and provide the capability to go beyond measuring bottoms up historical performance to actively managing future risks and results.

Oracle Financial Services Balance Sheet Planning is the only budgeting solution made specifically for bank planning, budgeting and forecasting, this application leverages Oracle's Hyperion Planning as a foundation to allow banks to plan future profitability and risk adjusted returns. The solution captures instrument characteristics and the nuances of each customer relationship to accurately model balance sheet behavior and provide the most accurate net interest margin and earnings forecasts possible.

Oracle Financial Services Asset Liability Management Analytics is an updated version of the Oracle Asset Liability Management business intelligence application emphasizes the critical need to measure and manage interest rate and liquidity risk. Building on the existing functionally rich Interest Rate Risk content, new metrics, reports and dashboards provide additional management insight into "stressed" results including Liquidity Gaps, Funding Concentrations, Deposit Distribution Profiles, Marketable Assets and Liquidity Ratios.

Supporting Quotes
"With the release of Oracle Financial Services Balance Sheet Planning and Oracle Financial Services Asset Liability Management Analytics, banks are able to obtain greater insight into an integrated view of balance sheet risks and returns that represents a key strategic differentiator for financial services institutions as they implement strategies to manage risk while maximizing shareholder value," said S Ramakrishnan, Group Vice President and General Manager, Oracle Financial Services Analytical Applications.