Financial Services Analytics Solutions

Financial Services Industry: The changing paradigm

The post-Basel II accord era has witnessed the reinvention of the Financial Services industry worldwide. Financial institutions across the globe have increased dependency on information technology tools to improve efficiencies as well as to minimize risks. Further, competitive pressures from both traditional as well as new forms of intermediaries have challenged traditional mechanisms of doing profitable business. Financial houses have identified the need to provide more mature and sophisticated solutions to their customer needs and therefore have to rely more on MIS rather than operational reports. Thus, the need for analytics solutions for the financial services. These businesses no longer have the luxury of simply being able to measure profits; now, they must be active components in making more of them!

Analytics Solutions for financial services companies must help businesses to achieve the following results -
• Effectively consolidate data - a single "point-of-truth"
• Be industry specific
• Calculate performance metrics with industry standard processes - Transfer Pricing, Activity Based Management,Cost Allocations
• Measure performance not just cost control
• Integrate all aspects of performance monitoring and planning
• Be a "solution" and not a tool kit
• Managing Customers, Efficiencies and Compliance with OFSA*

Built specifically for financial services businesses, the OFSA Suite helps to carry out critical functions like funds transfer pricing, customer profitability management, budgeting and planning, and risk management efficiently. The Oracle Data Warehousing capability, both a standalone data warehouse for the financial services industry as well as the foundation for OFSA, provides the database structures necessary to support the individual business applications of the OFSA Suite. The application allows for the consolidation and reconciliation of financial data that ensures the accuracy and reliability of the data on which analyses are based.

*Oracle Financial Services Applications The OFSA Solution

Legend
• OFSA - Oracle Financial Services Applications
• OFDM - Oracle Financial Data Manager
• OWB - Oracle Warehouse Builder
• Discoverer - Oracle Discoverer

Key Customer Benefits from OFSA
• Accurate enterprise-wide customer/product level Profitability Management
• Instrument transaction level Funds Transfer Pricing
• Customer/product level Risk-Adjusted-Performance-Measures (Value-at-Risk)
• Web-enabled enterprise-wide Budgeting and Planning
• Business Forecasting based on user-definable cash flow models

The MANSOFT Edge

Why ManSoft?

ManSoft understands the present-day Financial Services industry requirements and lives by the doctrine of delivering world-class analytics solutions to businesses. Our Consultants, with core knowledge in the financial services industry, deliver best-in-class solutions customized to the business issues organizations have to address.

ManSoft Solution Offering on OFSA

Key Differentiators
• Experienced Consultants with Big 4 Consulting Firms and market-leading Software Companies
• Extensive domain knowledge in Financial Services
• In-depth understanding of performance monitoring and planning
• Rich implementation experience in OFSA
• Focused Proof-of-Concept for top management buy-in
• Rapid implementation using proven methodologies
• Extensive training for user-group
• Structured post-production support

About ManSoft

ManSoft Solutions and Systems Pvt Ltd (ManSoft) has been set-up by industry professionals to deliver value-added business solutions to industry. We are committed to creating a completely professional organization that is set up to deliver business solutions at the highest class of service anywhere in the world. Please visit our website (www.mansoftindia.com) for more information.