Oracle Tops Chartis RiskTech 2021 Report in Core Tech, IFRS17 and Economic Criminal offense-AML
For the sixth consecutive year, Oracle Money Expert services has ranked among the top 3 international vendors of possibility management technologies in the yearly Chartis RiskTech100® report. It was also recognized as a winner in five option categories. The Chartis Investigation report ranks the top rated 100 worldwide players in threat technologies.
Chartis names class winners based mostly a vendor’s operation, core technologies, method, buyer pleasure, and current market existence. Oracle claimed the top rated spots in the Information Integrity and Regulate, Economical Crime – AML, IFRS 17 – Data Administration and Reporting, and Threat Knowledge Aggregation and Reporting. It also took the Core Engineering class, which evaluates a vendor’s over-all engineering stack vis-a-vis the most current field best practices.
“As monetary markets practical experience force and fluctuation, Oracle’s steady top rated 3 position reflects its core knowledge and analytical toughness,” explained Phil Mackenzie, senior exploration expert at Chartis. “Meanwhile, its classification wins highlight its expanded presence and abilities in the anti-economical criminal offense and coverage accounting parts.”
In its 15th calendar year, the Chartis RiskTech100 report is a detailed study of the world’s key answer suppliers in danger and compliance technologies. The rankings mirror Chartis analyst opinions, together with analysis into market place traits, members, expenditure styles and best tactics. The analysis is validated by a number of phases of independent verification.
Far more details and a duplicate of the whole report can be found on Chartis’ site here. Oracle was also lately named a Category Leader in its 2020 RiskTech Quadrant® for AML solutions and its 2020 RiskTech Quadrant® for KYC remedies.
