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What is Oracle Risk Management and Compliance?
Proactively protect your enterprise to build trust and resilience amid constant change and disruption. Oracle Fusion Cloud Risk Management and Compliance is a security and audit solution that controls user access to your Oracle Cloud ERP financial data, monitors user activity, and makes it easier to meet compliance regulations through automation.
Company Details
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Real user data aggregated to summarize the product performance and customer experience.
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85 Likeliness to Recommend
4
Since last award
92 Plan to Renew
6
Since last award
75 Satisfaction of Cost Relative to Value
1
Since last award
Emotional Footprint Overview
+84 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Oracle Risk Management and Compliance?
Pros
- Trustworthy
- Fair
- Efficient Service
- Respectful
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Analytics and Reporting
Market Risk Management
Regulatory Compliance and Audit
Transaction Monitoring
Anti Money Laundering
Cheque Management
Fraud Management
Policy Management
Asset Liability Management
Credit Risk Management
Stress Tests
Vendor Capability Ratings
Ease of Data Integration
Quality of Features
Breadth of Features
Usability and Intuitiveness
Ease of IT Administration
Ease of Implementation
Ease of Customization
Availability and Quality of Training
Product Strategy and Rate of Improvement
Vendor Support
Business Value Created
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Oracle Risk Management and Compliance Reviews
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Akalezi C.
- Role: Finance
- Industry: Finance
- Involvement: End User of Application
Submitted Aug 2024
The best product for automating compliance
Likeliness to Recommend
What differentiates Oracle Risk Management and Compliance from other similar products?
It enables a holistic view of risk and compliance as it perfectly syncs with Oracle ERP, HCM. There's already existing templates on risk assessment.
What is your favorite aspect of this product?
The built-in controls to ensure compliance with GDPR, PCI DSS
What do you dislike most about this product?
I do not dislike anything about Oracle
What recommendations would you give to someone considering this product?
If you're looking for an automated approach to compliance, oracle is the way to go
Pros
- Helps Innovate
- Performance Enhancing
- Trustworthy
- Unique Features
Please tell us why you think this review should be flagged.
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Pawan R.
- Role: Consultant
- Industry: Consulting
- Involvement: End User of Application
Submitted Aug 2024
Performance Enhancing
Likeliness to Recommend
What differentiates Oracle Risk Management and Compliance from other similar products?
Its advance compliance tools and AI enhanced predictive capabilities
What is your favorite aspect of this product?
Its user friendly
What do you dislike most about this product?
The service quality and not so easy to understand data driven reports
What recommendations would you give to someone considering this product?
Enables productivity and reliable product
Pros
- Continually Improving Product
- Reliable
- Performance Enhancing
- Enables Productivity
Please tell us why you think this review should be flagged.
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Alin Roberto M.
- Role: C-Level
- Industry: Banking
- Involvement: Initial Implementation
Submitted Jun 2024
"Robust and reliable, yet could benefit from advan
Likeliness to Recommend
What differentiates Oracle Risk Management and Compliance from other similar products?
Oracle Risk Management excels with its deep integration in the Oracle ecosystem, advanced compliance tools, and AI-enhanced predictive capabilities.
What is your favorite aspect of this product?
My favorite aspect of Oracle Risk Management is its AI-driven analytics, which proactively identify risks and streamline compliance, significantly enhancing operational efficiency and security.
What do you dislike most about this product?
One downside of Oracle Risk Management is its complexity and steep learning curve, which can be challenging for new users. Additionally, the integration process with non-Oracle systems can sometimes be cumbersome and resource-intensive, potentially leading to longer implementation times and increased costs for organizations not already embedded in the Oracle ecosystem.
What recommendations would you give to someone considering this product?
Before adopting Oracle Risk Management, ensure it aligns with your organization’s infrastructure, especially if you're not already using other Oracle products. Consider the resource investment for training due to its complexity. Also, evaluate the total cost of ownership, including integration with non-Oracle systems. Leverage its AI and analytics capabilities to maximize your return on investment.
Pros
- Respectful
- Fair
- Continually Improving Product
- Performance Enhancing
Cons
- Inhibits Innovation
- Wastes Time
- Less Productive
Please tell us why you think this review should be flagged.
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