How OFSAA trigger your banking experience

Oracle Financial Services Analytical Application (OFSSA) is a business intelligence application which gives users to measure and meet risk adjusted performance objectives.

OFSAA gives support for Metadata management, User administration and additional capabilities to support the individual business application  like OFSAA funds transfer pricing, OFSAA profitability management ,OFSAA asset/liability management, OFSAA balance sheet planning.

Oracle analytics help banks to become smarter in manage challenges they face in daily activities. The overall penetration of OFSAA in banking is still in a preliminary stage but it has grown tremendously in years with better consulting experience, measurable and sustainable business result approach.

Benefits of Use of OFSAA

• It improves financial performance and more effective expense control through timely monitoring of expense details, delivered to departmental managers in time to take corrective action.

• It optimizes case flow through detailed accounts receivable, account payable and inventory analysis.

• It reduces time spent on compile, reconcile and consolidate data from fragment financial system and enables employee to spend more time in making proactive decision and taking action.

• It drives budget accountability down to departmental managers and provide them daily visibility into budget versus actual performance.

• It improves cash collections by identifying slow paying customers or billing issues and reducing DSO (daily sales outstanding).

JMR Infotech is leader of banking and financial services software and software related services has spread across 40 countries in world since its establishment in 2007. During this short incorporation, it has grown tremendously and made top banks as the clients. JMR InfoTech team has succeeded in implementing various OFSAA product to its client like OFSSA AML (anti money laundering) and KYC (know your customer). For the contribution of Implementation of Oracle product JMR InfoTech has been awarded as world first Oracle Platinum Partner with fully specialized in all financial solution.

In recent Global Banking and financial review JMR InfoTech has awarded as Best Core Banking Technology provider award for Middle east and Africa region for its thought leadership and technical expertise and customer focus.