Oracle launches comprehensive, ready-to-deploy applications for Solvency II reporting and analysis

To help insurers effectively achieve compliance with Solvency II requirements and realize greater financial performance through better management of their capital, Oracle today announced Oracle Insurance Applications for Risk and Solvency II Compliance as part of the Oracle Financial Services Analytical Applications suite of products. Oracle Insurance’s suite of advanced risk and compliance applications provides insurers with a unified view of risk across multiple areas including insurance, market, operational, credit, liquidity and underwriting risks. It provides a single, enterprise-wide view of risk through “out-of-the box” business intelligence analytics.