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Oracle Financial Services has once again secured a top spot in the prestigious Chartis RiskTech100® Report, ranking third among the world’s top 100 risk technology providers. This marks the 15th consecutive year that Oracle has maintained a top-five placement. Oracle has also been honored with 15 awards across both Chartis’ core technology and solution categories, highlighting its leadership and commitment to innovation in risk and compliance technology.
The RiskTech100 report (risktech100.com), recognized as the industry’s most comprehensive independent study, evaluates technology providers based on their impact, innovation, and ability to meet the evolving needs of financial institutions worldwide.
“Oracle’s top three recognition of the RiskTech100 reflects its continued ability to bring diverse technology notably data infrastructure and cloud offerings to a broad range of banking and financial services applications,” said Sid Dash, Chief Researcher at Chartis. “Moreover, its coverage spreads across the entire risk and compliance value chain, from ALM, risk-aware accounting, and regulatory compliance through to anti-money laundering and analytics.”
Oracle won the Core Technology and Innovation categories and secured 13 solution category wins in key areas including Artificial Intelligence, Finance and Accounting Accounting Frameworks, IFRS 17 Data Management and Reporting, Financial Crime AML, Financial Planning Systems, Risk and Finance Integration, and Computational Platforms for Risk Management.
“These achievements highlight Oracle’s role in driving next-generation finance, risk, and compliance management solutions for financial institutions globally,” said Jason Wynne, senior vice president, Risk and Finance Product Development, Oracle Financial Services. “These acknowledgments underscore our tremendous and long-standing commitment to provide leading-edge solutions that empower financial institutions to enhance finance and risk management, and improve regulatory compliance while driving operational resilience and providing the necessary agility to respond to constant market changes.”
About Oracle Financial Services
Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities, and healthcare payers. With our comprehensive set of integrated digital and data platforms, banks and insurers are empowered to deliver next-generation financial services. We enable customer-centric transformation, support collaborative innovation, and drive efficiency. Our data and analytical platforms help financial institutions drive customer insight, integrate risk and finance, fight financial crime, and comply with regulations.
About Oracle
Oracle (oracle.com) offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud.
Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company ushering in the new era of cloud computing.
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