Oracle Financial Services Know Your Customer
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This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
close
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
Overview
Oracle Financial Services Know Your Customer allows financial institutions to meet regulatory requirements, improve overall customer relationships, and provides cost-effective measures to identify and prevent financial crimes. The product follows a three-pronged approach to meet end-to-end KYC requirements of financial institutions
- Comprehensive risk scoring to identify threats well in advance to onboarding the customer
- Continuous customer monitoring with integrated alert mechanism to validate any profile changes
- Enhanced due diligence process aided by inbuilt case management investigation tools to adjudicate any customer’s risk assessment
Oracle Financial Services Know Your Customer is a sub component of Oracle FCCM. The application shares the same data model with other FCCM applications, and thus offers users a truly unified AML and KYC coverage. Once the client’s data is loaded, their accounts and customers are risk rated and reviewed through case management for Enhanced Due Diligence (EDD). OFS KYC also offers a rich set of operational business intelligence reports
Key Features
- Out-of-the-box globally accepted risk model that supports multi-country, multi-jurisdiction KYC regulation requirements across business types including beneficial owners regulations.
- Continuous 360° customer monitoring for risks throughout the life of the customer relationship
- Extensible data model, reducing implementation time and costs
- Ability to manually promote assessments to cases, providing greater flexibility during on-boarding assessment
- Real-time and batch interfaces to integrate with other systems
- An advanced, enhanced due diligence process to enable quality investigations without increasing costs
- Standard integration with other Oracle Financial Services Financial Crime and Compliance Management applications, as well as third party systems
- KYC review process for both prospects and existing customers covering due diligence and enhanced due diligence when requried.
Key Benefits
- Meet local and global AML/CFT regulatory requirements with standard risk scoring models
- Employ efficient due diligence processes and enable multi-jurisdiction, multi-country customer risk scoring using a single instance
- Improve account and customer on-boarding processes
- Reduce customer risk exposure on the front lines and enhance customer relationships
- Achieve end-to-end compliance by leveraging core capabilities with Oracle Financial Services applications
- Utilize standard interfaces exchange information with third party systems
Product/Service details
SOLUTION OR SERVICE TYPE