Oracle

Oracle Risk Management and Compliance

7.4 /10

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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Awards & Recognition

Oracle Risk Management and Compliance won the following awards in the Financial Risk Management category

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2022 Data Quadrant Gold Medalist

2022

1 Top Rated Capabilities

0 Top Rated Features

2022

Oracle Risk Management and Compliance Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Oracle Risk Management and Compliance.

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

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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?

4% Negative

10% Neutral

86% Positive

Pros

Trustworthy
Fair
Efficient Service
Respectful

Feature Ratings

Average 79

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

Average 78

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

Also Featured in...

Governance, Risk and Compliance

Score 7.1

View Oracle Risk Management and Compliance in this category (opens in a new tab)

Oracle Risk Management and Compliance Reviews

Akalezi C.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Aug 2024

The best product for automating compliance

Likeliness to Recommend

10 /10

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

Pawan R.

Role: Consultant
Industry: Consulting
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Aug 2024

Performance Enhancing

Likeliness to Recommend

8 /10

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

Alin Roberto M.

Role: C-Level
Industry: Banking
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Jun 2024

"Robust and reliable, yet could benefit from advan

Likeliness to Recommend

10 /10

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

Oracle Risk Management and Compliance

What is Oracle Risk Management and Compliance?

Company Details

Need Assistance?

Awards & Recognition

2022 Data Quadrant Gold Medalist

Oracle Risk Management and Compliance Ratings

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

How much do users love Oracle Risk Management and Compliance?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Market Risk Management Includes equity risk, currency risk, and commodity risk.

Regulatory Compliance and Audit Ability to adhere to laws, regulations, guidelines, and specifications relevant to the business. Ability to store documents and trails for audit access.

Transaction Monitoring Includes Know Your Customer (KYC), cash deposits and withdrawals, wire transfers, and ACH activity management.

Anti Money Laundering Includes suspicious behavior identification, currency transaction reporting, case management and customer due diligence checks.

Cheque Management Includes cheque printing, cheque tracking, cheque payment processing, and cheque verification.

Fraud Management Includes identity theft protection, fraud alerts, payer authentication, and fraud investigations.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Asset Liability Management Includes interest rate risk, liquidity risk, and funding and capital management.

Credit Risk Management Includes credit assessment, credit scoring, and credit risk analysis.

Stress Tests Includes crisis simulations, scenario generation, and scenario analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Also Featured in...

Governance, Risk and Compliance

Oracle Risk Management and Compliance Reviews

Akalezi C.

The best product for automating compliance

Likeliness to Recommend

Pros

Pawan R.

Performance Enhancing

Likeliness to Recommend

Pros

Alin Roberto M.

"Robust and reliable, yet could benefit from advan

Likeliness to Recommend

Pros

Cons

4
Since last award

6
Since last award

1
Since last award

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