Built for financial institutions, offering a wide array of applications for risk management, compliance, and portfolio management, with deep analytics for decision-making.
More about Oracle Financial Services
Software for calculating net asset values (NAVs), processing corporate actions, managing income distributions, and maintaining financial records for investment funds. These systems ensure accurate valuation of fund assets and liabilities.
More Fund Accounting Systems
More Fund Operations ...
|
Net Asset Value (NAV) Calculation Automated computation of NAV for funds, incorporating all relevant assets and liabilities. |
Oracle FSAA includes modules for fund accounting and automated NAV calculation as part of its asset management offering. | |
|
Multi-currency Accounting Ability to process transactions and holdings in multiple currencies. |
Solution supports multi-entity and multi-currency accounting, as advertised in fund and insurance accounting collateral. | |
|
Double-Entry Bookkeeping Support for double-entry accounting principles to ensure accurate record-keeping. |
Double-entry bookkeeping is fundamental to Oracle FSAA’s accounting engine, as described in documentation. | |
|
Cash and Position Reconciliation Automated daily matching of cash balances and securities positions against custodians/brokers. |
Automated reconciliation of cash and security positions is highlighted as part of its core accounting controls. | |
|
Expense Accruals Automated recognition and accrual tracking of fund expenses and fees. |
Expense accrual and fee calculations are supported per product literature. | |
|
Income Recognition Recognition and allocation of dividends, interest, and other income streams. |
Income recognition for various asset types is addressed within FSAA modules. | |
|
Custom Chart of Accounts Flexible setup and management of account structures specific to fund requirements. |
Supports customizable chart of accounts as referenced in platform configuration. | |
|
Accounting Period Management Handling and control over multiple open/close accounting periods. |
Accounting period management with multi-period support is a standard functionality. | |
|
Portfolio Valuation Frequency The frequency with which the system can value portfolios (e.g., daily, weekly, monthly). |
No information available | |
|
Scalability Maximum number of funds or portfolios the system can handle concurrently. |
No information available | |
|
Real-Time Processing Ability to process and update accounting entries in real time versus end-of-day batches. |
FSAA includes real-time processing modules for accounting and risk. | |
|
Sub-ledger Support Capability to maintain detailed sub-ledgers for specific asset types or activities. |
Sub-ledger accounting structure is explicitly supported. | |
|
Audit Trail Comprehensive tracking of all changes, edits, and transactions for audit purposes. |
Comprehensive audit trails are available as part of accounting and compliance modules. | |
|
Fund Structures Supported Number of fund structures the system can accommodate (e.g., open-ended, closed-ended, umbrella, segregated mandate). |
No information available |
|
Automated Event Capture Integration or feed for identifying and importing corporate action events. |
Integration feeds and connectors for corporate actions are available through Oracle’s market data integration. | |
|
Voluntary/ Mandatory Action Handling Ability to process both voluntary and mandatory events (e.g., tender offers, stock splits). |
Corporate actions processing supports both voluntary and mandatory events. | |
|
Entitlement Calculation Accurate calculation of holdings impact and entitlements for all corporate actions. |
Entitlement and allocation calculations for corporate actions are standard. | |
|
Event Notification Automated alerts and workflows for pending and processed events. |
System can notify users of relevant events and workflows. | |
|
Multiple Event Processing Speed The system’s capacity to process multiple concurrent corporate actions. |
No information available | |
|
Historical Corporate Actions Handling Ability to recognize and correct for past or missed corporate events. |
Modules support correction and backdated processing for historical corporate actions. | |
|
Market Data Integration Capability to import corporate action data from market data vendors. |
Integration with market data vendors, including feeds for corporate actions, is part of product integrations. | |
|
Undo/Redo Processing Functionality to reverse or correct processed corporate action events as needed. |
Correction and reversal of processed corporate actions is supported per administrative controls. | |
|
Multi-class Share Support Handle actions across different share classes efficiently. |
No information available | |
|
SWIFT Corporate Actions Messaging Support for receiving and sending corporate actions via SWIFT formats. |
Oracle supports SWIFT message formatting and processing for corporate actions. | |
|
Audit Logging of Corporate Actions Audit trail specifically for all corporate action processes. |
Audit logging for corporate actions modules is standard. | |
|
Manual Input Options Facility for users to manually input or override corporate action details. |
Manual overrides and inputs are supported in event processing screens. | |
|
Tax Impact Calculation Automated calculation and booking of tax implications linked to corporate actions. |
Supports automated tax impact and booking for corporate actions. |
|
Automated Distribution Schedule Scheduling of recurring or one-off income distributions, including frequency and amount. |
System supports scheduling of recurring/one-off distributions by frequency and amount. | |
|
Income Allocation Methods Support for various allocation methods (pro-rata, FIFO, LIFO, custom rules). |
Multiple allocation methods are supported, configurable by client requirements. | |
|
Gross/Net Distribution Processing Ability to compute both gross and net amounts for distribution to investors. |
Gross and net income distribution functionality is referenced in reporting documentation. | |
|
Dividend Reinvestment Support Automatic reinvestment of income distributions into fund units. |
Dividend reinvestment features are offered within income distribution modules. | |
|
Multi-Tier Shareholder Structures Support for allocating and processing income across different shareholder classes, tranches, or series. |
Multi-tier/shareholder and multi-class support is tailored for mutual fund/asset management structures. | |
|
Tax Withholding Calculations Automated withholding and reporting of taxes on distributions. |
Tax withholding calculation for distributions is present and commonly required for regulatory regions. | |
|
Payment Channel Options Ability to distribute via multiple channels (ACH, cheque, SWIFT, etc.). |
Supports multiple payment/distribution channels (ACH, SWIFT, wire, cheque). | |
|
Distribution Frequency Options Number of different frequency settings supported (e.g., daily, weekly, monthly, quarterly, annual). |
No information available | |
|
Dynamic Allocation Adjustment Ability to adjust allocations based on shareholder changes or corrections post-calculation. |
Dynamic, automated allocation adjustment available after recalculation or shareholder changes. | |
|
Reporting on Distributions Automated generation of reports detailing distribution calculations and payments. |
Automated and custom-designed reporting templates for distributions available. | |
|
Ex-Date/Record-Date Processing Automated processing of distributions based on relevant ex-dates and record-dates. |
Ex-date and record-date are fundamental elements in distribution processing. | |
|
Custom Distribution Rules Support for user-defined or fund-specific income distribution logic. |
Can define custom user/fund distribution rules via configuration. |
|
Standard Financial Statements Automated production of balance sheets, income statements, and cash flow statements. |
Standard financial statements are available in the system and are automated. | |
|
Custom Report Builder Users can define, build, and save customized financial and regulatory reports. |
Custom report builder allows users to create and save custom reports. | |
|
Automated Regulatory Reporting Out-of-the-box support for regulatory templates (e.g., SEC, UCITS, AIFMD, IFRS). |
FSAA supports regulatory templates, including for company, regulatory, and IFRS reporting. | |
|
Multi-period Comparative Reporting Produce reports with side-by-side comparisons over multiple reporting periods. |
Multi-period comparisons are standard for regulatory and management reporting in FSAA. | |
|
Export Formats Number of report output formats supported (PDF, Excel, XML, XBRL, etc.). |
No information available | |
|
Scheduled Report Distribution Automated emailing or uploading of reports to stakeholders or regulatory portals. |
Reports can be scheduled to be emailed or uploaded automatically. | |
|
Drill-down Reporting Interactive reporting with the ability to drill-down to transaction-level data. |
Drill-down to transaction-level details is available in BI/reporting dashboards. | |
|
Audit Confirmation Letters Support Automatic generation and distribution of audit confirmation letters. |
No information available | |
|
Customizable Disclosure Notes Ability to add custom notes/disclosures to financial statements. |
Customizable notes/disclosures attachable to financial statements. | |
|
Reconciliation Reports Automated production of cash/position reconciliation reports for audit and compliance. |
Automated cash/position reconciliation reporting for audit is included. | |
|
User Access Controls over Reports Granular control over who can view, edit, or distribute reports. |
User access controls are granular and role-based, governing reporting as well. |
|
API Availability Availability of REST, SOAP or other APIs for integration with external systems. |
REST APIs and web service endpoints available; integration is a key platform feature. | |
|
Batch File Import/Export Support for bulk upload or download of data in file formats (CSV, XML, JSON, etc.). |
Batch file import/export functionality demonstrated for bulk data management. | |
|
Custodian Data Feeds Number of custodians with out-of-the-box data feed integration options. |
No information available | |
|
Market Price Feed Integration Direct integration to market price and security master feeds (e.g., Bloomberg, Reuters). |
Integration to Bloomberg/Reuters and other price feeds is supported. | |
|
Third-party System Compatibility Supports integration with common risk, trade order management, and compliance systems. |
Integrates with third-party risk, compliance, and trade management systems via APIs and connectors. | |
|
Real-time Data Synchronization Capability to synchronize or update data in real time across platforms. |
Real-time data sync supported across select modules and external systems. | |
|
SWIFT Message Support Support for sending/receiving financial messages in SWIFT format. |
Supports SWIFT messaging for payments and corporate actions. | |
|
Data Validation and Cleansing Automated checking, mapping, and correction of incoming data feeds. |
Data validation and cleansing done on inbound data via mapping rules. | |
|
Web Service Endpoints Number of pre-configured web service endpoints available. |
No information available | |
|
Error Handling and Alerts Automated identification and notification of data integration issues. |
Built-in error handling with alerting for failed integrations/data submission. | |
|
Flexible Data Mapping User-configurable data mapping between external and internal systems. |
Flexible mapping tools for external/internal systems described in technical documentation. | |
|
Multi-tenancy Support System can segregate data and workflows for multiple clients within the same platform. |
Multi-tenant support available for service providers. |
|
Customizable Dashboards Personalized dashboards showing relevant KPIs, alerts, and task lists. |
Customizable dashboards and widgets available for end-users. | |
|
Workflow Engine Integrated workflow tools to define, trigger, and automate business processes. |
Workflow engines to automate business processes configurable in the platform. | |
|
User Roles and Permissions Granular control over user access, editing, and approval rights. |
Granular role/permission management is a core feature. | |
|
Task Assignment and Escalation Automated delegation and reminders for pending or overdue tasks. |
Task assignment, escalation, and alerts supported within workflow features. | |
|
Bulk Processing Support for bulk editing, approvals, or transaction uploads. |
Bulk processing and multi-record transaction uploads are supported. | |
|
Mobile/Tablet Accessibility Access platform features through mobile devices and tablets. |
Mobile and tablet access is provided via responsive design or app. | |
|
Language Localization Support for multiple languages for interface and reporting. |
Localization and translation for global languages as a configuration option. | |
|
Training and Help Resources Integrated user guides, video tutorials, and context-sensitive help. |
Training modules, integrated help, and user guides are available. | |
|
Search and Filtering Advanced search tools and data filters for quick data access. |
Search and advanced filtering available for all major data screens. | |
|
User Activity Logging Automatic recording of user actions for security and compliance. |
User activity logging for compliance and security is implemented. | |
|
Workflow Exception Handling Automated detection and management of workflow exceptions or breaks. |
Exception management for workflow breaks/alerts is part of standard workflow toolset. | |
|
Document Management Store and retrieve associated fund documentation within the platform. |
Document storage and retrieval module available, integrated into core workflows. |
|
Rule-based Policy Enforcement Automated compliance checks based on custom or regulatory rules. |
Configurable rule-based compliance and policy controls supported. | |
|
Approval Workflows Multi-level approval workflows for sensitive tasks and sign-offs. |
Approval workflows with levels are part of core and compliance modules. | |
|
Exception Alerts Automated warning and escalation for compliance exceptions. |
Compliance exception alerts/management integrated in dashboards. | |
|
Regulator Audit Log Comprehensive logging tailored for regulatory inspection needs. |
Detailed regulator-specific audit logs for compliance are included. | |
|
Segregation of Duties Controls to ensure critical functions are performed by separate users. |
Segregation of duties controls and audit policies available through security administration. | |
|
Threshold Monitoring Pre-set limits for exposures, transactions, or NAV deviations triggering alerts. |
Threshold monitoring and automated alerts in risk/compliance modules. | |
|
Automated Reporting to Regulators Direct submission features to regulatory agencies via portal/API. |
Direct reporting integration to regulatory systems/portals available in regulatory reporting modules. | |
|
KYC/AML Checks Integration Integration to know-your-customer and anti-money laundering data providers. |
KYC and AML checks enabled via connectors to industry data providers. | |
|
Historical Version Controls Ability to retrieve and report historical data by effective date. |
Historical version controls and as-of reporting by effective date is supported. | |
|
Data Masking for Sensitive Fields Masked display of sensitive regulatory and client data. |
Sensitive data fields can be masked per security and privacy configuration. | |
|
Automatic Breach Reporting Instant reporting and alerting of compliance breaches. |
Automatic breach detection and alerting present for compliance. |
|
Multi-factor Authentication Support for two-factor or multi-factor user authentication. |
Multi-factor authentication can be enabled for all or selected users. | |
|
Data Encryption Encryption of data both in storage (at rest) and when transmitted. |
Data encryption at rest and in transit is standard per Oracle’s compliance. | |
|
Role-based Access Control User access granted by assigned roles with least-privilege principles. |
Role-based access controls for security and operations are a foundation of Oracle security. | |
|
Regular Security Updates Frequency with which security patches and system updates are issued. |
No information available | |
|
Penetration Testing Regularly scheduled third-party penetration/vulnerability testing. |
Penetration and vulnerability tests are performed regularly by Oracle as part of their cloud security standards. | |
|
Audit Logging and Monitoring Comprehensive audit logs accessible for investigation. |
Comprehensive audit logging with monitoring available to users/admins. | |
|
Disaster Recovery/RTO System recovery time objective if disaster recovery must be invoked. |
No information available | |
|
Data Backup Frequency Interval at which full or incremental data backups are performed. |
undefined Data backup policies are part of Oracle Cloud and on-premise documentation (can be configured hourly/daily, etc). |
|
|
Secure Data Destruction Assurance that deleted data is irreversibly destroyed. |
Secure data destruction mechanisms comply with industry standards and privacy regulation. | |
|
GDPR/Data Privacy Compliance System compliance with major privacy laws (GDPR, CCPA, etc.). |
Oracle compliance with GDPR and other privacy frameworks is certified and regularly audited. |
|
Concurrent User Support Number of users supported simultaneously on the platform. |
No information available | |
|
Transaction Processing Speed Number of accounting transactions processed per second. |
No information available | |
|
Uptime Guarantee Service-level uptime commitment by the vendor. |
No information available | |
|
Disaster Recovery RPO Recovery Point Objective indicating maximum data loss in case of disaster. |
No information available | |
|
Horizontal Scalability Ability to add additional servers/resources for greater volume. |
Horizontal scalability via additional Oracle hardware/cloud resources is an advertised feature. | |
|
Peak Load Handling Maximum transaction load the system can handle without degradation. |
No information available | |
|
Auto-scaling Cloud Deployment Built-in capability for automatic scaling in cloud environments. |
Auto-scaling of cloud deployments is available through Oracle Cloud Infrastructure. | |
|
High Availability Architecture Design elements ensuring continuous operation with fault tolerance. |
High-availability (HA) deployment patterns are available for cloud and on-premise. | |
|
Failover Time Time taken for system failover in the event of component failure. |
No information available |
|
License Models Supported Support for various license models (SaaS subscription, on-premise, etc.). |
SaaS and on-premise license models are both supported by Oracle. | |
|
Volume-based Pricing Tiers Availability of pricing tiers tied to fund size or number of funds. |
Volume-based and activity-based pricing are offered, based on deployment size. | |
|
Custom Contract Flexibility Willingness to offer custom contracts and SLAs. |
Custom SLAs and contract flexibility (esp. for large clients) offered in enterprise sales. | |
|
Implementation Support Availability of vendor support during setup and onboarding. |
Oracle provides specialist implementation and onboarding support. | |
|
24/7 Client Support Round-the-clock live support availability. |
Enterprise 24/7 client support is available as an SLA option. | |
|
Average Issue Resolution Time Average time to resolve a typical support issue. |
No information available | |
|
Knowledge Base/Community Portal Access to self-help resources and user communities. |
Extensive knowledge base and community support portal available. | |
|
Regular Feature Releases Frequency of new feature or update releases. |
No information available | |
|
Data Migration Services Support for migrating data from legacy systems. |
Supports structured and guided migration projects from legacy systems. | |
|
Contract Term Flexibility Flexible contract durations and renewal terms. |
Contracts can often be negotiated for flexible terms (subject to Oracle policy). |
|
User-defined Workflows Support for building custom workflows and automations without vendor involvement. |
User-defined workflows and automations are available in workflow engine. | |
|
Plugin/Extension Framework Ability to add custom modules or extensions to core platform. |
No information available | |
|
Custom Fields and Forms Users can add custom fields, forms, and data attributes. |
Users can define custom fields/forms in configuration modules. | |
|
Scripting/SDK Support Availability of scripting or SDK for advanced customizations. |
No information available | |
|
Branding/White-labeling Option to customize the user interface and reports with firm branding. |
Branding (logo, report names) and some UI theming can be customized. | |
|
Upgrade Path Clarity Clear communication on how upgrades are managed and delivered. |
Upgrade paths and change-logs are documented and communicated to customers. | |
|
Backward Compatibility Ensures new versions do not break existing integrations or customizations. |
No information available | |
|
Open API Documentation Comprehensive developer documentation for system APIs. |
Oracle publishes developer documentation for APIs and data models. | |
|
Sandbox/Test Environment Access to a separate environment for testing customizations and updates. |
Test/sandbox environments available for development and client testing. |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.