HOME NEWS ARTICLES PODCASTS VIDEOS EVENTS JOBS COMMUNITY TECH DIRECTORY ABOUT US
at Financial Technnology Year
Provides robust analytics capabilities including data visualization, machine learning, and predictive analytics to improve decision-making, streamline processes, and enhance customer experiences.
More about Oracle Financial Services
Advanced tools that use statistical models and machine learning to predict future outcomes like claim frequency, severity, customer retention, and fraud probability.
More Predictive Analytics Platforms
More Business Intelligence and Analytics ...
Multi-source Data Connectivity Ability to integrate and ingest data from various sources such as databases, cloud platforms, spreadsheets, and APIs. |
Oracle Analytics Cloud offers extensive data connectivity, including integration with databases, spreadsheets, REST APIs, and cloud platforms. | |
Real-time Data Sync Real-time synchronization of incoming data streams for up-to-date predictions. |
Real-time data sync is described in Oracle documentation via streaming and real-time connector support. | |
Data Cleansing Tools Automated tools to clean, deduplicate, and normalize raw insurance data. |
The platform provides data preparation and cleansing tools, including deduplication and normalization. | |
Batch Processing Speed The rate at which batch data loads or ETL jobs are run. |
No information available | |
Automated Data Mapping Automatic mapping of data fields from source systems to platform schema. |
Automated recommendations for data mapping and schema alignment are present in Oracle Analytics Cloud data ingestion workflows. | |
Data Enrichment APIs Integration with third-party services to enrich internal data (e.g., credit scores, vehicle history). |
Supports enrichment via integration with external data providers and APIs. | |
Historic Data Upload Limits Maximum volume of historic data that can be uploaded for modeling. |
No information available | |
Schema Change Detection Detection and alerting when upstream data schemas change. |
Oracle Analytics Cloud monitors for schema changes; alerting/notification is documented in OAC data integration features. | |
Event-driven Updates Support for updating models or insights when new events/data arrive. |
Can trigger model updates or refreshes when new events occur via integration settings. | |
Data Lineage Tracking Traceability of data sources and transformations for audit and compliance. |
Data lineage visualization and audit tools are available to trace data origin and transformations. | |
Data Privacy Controls Built-in tools for masking or redacting sensitive PII (personally identifiable information). |
Built-in data privacy tools, including masking, are available for regulatory compliance. | |
Integration with Core Insurance Systems Connections with policy administration, claims, underwriting, and customer management systems. |
Oracle has pre-built connectors for policy administration, claims, and core insurance systems. | |
Partner Data Sharing Secure tools and permissions for controlled sharing of datasets with partners. |
Granular sharing and permission settings enable controlled partner data sharing. |
Graphical Model Builder Drag-and-drop or visual tools for constructing predictive models without code. |
Visual builder and drag-and-drop modeling are available for analytic and predictive workflows. | |
Custom Algorithm Support Ability to author, import, and use custom algorithms in analytics pipelines. |
SDKs and open interfaces enable custom algorithm integration in analytics pipelines. | |
Automated Feature Engineering Automatic creation and selection of predictive features from raw insurance data. |
Automated feature engineering functionality for machine learning is included in Oracle Data Flows. | |
Hyperparameter Tuning Tool-assisted searching for optimal model parameters. |
OAC includes hyperparameter tuning for supported ML algorithms. | |
Model Versioning Automatic tracking and management of model versions and their metadata. |
Model versioning and metadata tracking are standard for deployed models. | |
Pre-built Insurance Models Library of industry-specific models, e.g., for claim frequency, fraud detection, churn prediction. |
No information available | |
No-Code/Low-Code Interface Options for business users to create models without programming knowledge. |
OAC supports no-code and low-code interfaces for business users via visual modeling tools. | |
Code-based Model Support Support for Python, R, or other programming languages for building custom models. |
Supports Python/R through Oracle Machine Learning integration or external execution. | |
Multi-Model Comparison Tools to compare accuracy, speed, and performance of multiple models. |
Model comparison tools are available for evaluating multiple models' performance and accuracy. | |
Model Explainability Tools Built-in features for interpreting and explaining predictions (e.g., SHAP, LIME). |
OAC provides explainability tools utilizing feature importance and prediction explanations. | |
AutoML Automated machine learning capabilities for speeding up model creation and evaluation. |
The platform can automate ML workflow steps for rapid prototyping ('AutoML'). | |
Reusable Feature Store Centralized repository to store and reuse engineered features across analytics projects. |
No information available | |
Model Export Formats Supported formats for exporting trained models (e.g., PMML, ONNX). |
OAC can export models in multiple open formats (e.g., PMML, ONNX), as per Oracle ML documentation. |
Batch Prediction Ability to execute predictions on large datasets at once. |
Batch prediction support is built into OAC for handling large data scoring tasks. | |
Real-time API Scoring APIs for instant scoring of customer, claim, or policy records in live systems. |
APIs allow for real-time scoring/inference within Oracle Analytics Cloud. | |
Concurrent Scoring Capacity Maximum simultaneous scoring requests supported. |
No information available | |
Prediction Latency Average delay between input and receiving prediction. |
No information available | |
Confidence Interval Output Predictions include confidence intervals or probability scores. |
ML modules support outputting confidence intervals or probability scores. | |
Score Logging & Auditing Comprehensive logging of each prediction for audit and traceability. |
Prediction and scoring logs/auditing features are provided for traceability in the analytics platform. | |
Bulk Import/Export Tools to handle input/output of large datasets in multiple formats (CSV, Parquet, etc.). |
Handles bulk import/export with large and multiple file formats including CSV, Parquet, and Excel. | |
Business Rule Interceptor Ability to trigger rules or workflows based on prediction outcomes. |
Business rule triggers based on analytic outcomes can be configured in Oracle Analytics workflows. | |
Prediction Refresh Rate Frequency with which prediction outputs can be updated. |
No information available | |
Automated Alerts Automatic notifications or alerts based on scores exceeding certain thresholds. |
Notifications and alerting triggers are configurable in OAC. | |
Anomaly Detection Integrated detection of unusual patterns in input or output data. |
OAC supports anomaly detection via Oracle Machine Learning and analytic workflows. | |
Result Visualization Graphical displays of predictions at the record or portfolio level. |
Visualizations and dashboards inherently provide record- and portfolio-level result visualization. |
Horizontal Scalability Ability to add computing nodes to handle increased prediction volume. |
OAC supports elastic scaling and distributed compute via OCI, enabling horizontal scalability. | |
Load Balancing System can distribute tasks evenly across computational resources. |
Load balancing is managed through Oracle Cloud Infrastructure, documented as part of OAC cluster management. | |
Concurrent User Support Maximum number of users who can operate the system simultaneously. |
No information available | |
Model Training Speed Average time required to train a new model on insurance datasets. |
No information available | |
Uptime SLA Guaranteed minimum system uptime/service availability. |
No information available | |
Automated Resource Scaling System automatically scales cloud or on-premise resources based on demand. |
Resource scaling is automated through Oracle Cloud, adjusting compute/resources based on demand. | |
Parallel Processing Ability to execute multiple jobs or model trainings in parallel. |
OAC supports parallel processing for ETL, ML, and analytics. | |
Throughput Capacity of the platform for end-to-end data process and prediction. |
No information available | |
High Availability Built-in failover and redundancy for critical components. |
High availability is part of Oracle's cloud architecture. | |
Disaster Recovery Automated backup and restore procedures for platform state and data. |
Disaster recovery, backup, and restore procedures are integral to OCI and thus OAC. | |
Elastic Storage Support for dynamic storage scaling as data grows. |
Elastic storage is provided by the underlying Oracle Cloud platform. |
User Access Control Role-based permissions for accessing platform features and data. |
Extensive role-based access control configuration for users and data is a standard OAC feature. | |
Audit Logs Comprehensive logging of all user and system actions for compliance. |
Comprehensive audit logging is included for both data and actions. | |
Encryption at Rest Data is encrypted on disk and in database/storage. |
Encryption at rest is a security default for all Oracle Cloud-based storage/services. | |
Encryption in Transit Data encrypted when being transferred between systems (e.g., SSL/TLS). |
Encryption in transit is implemented via SSL/TLS throughout Oracle Cloud. | |
GDPR/CCPA Compliance Supports processes to meet personal data regulations (European, US, etc). |
OAC supports GDPR/CCPA compliance with privacy tools and audit controls. | |
Regulatory Reporting Tools Automated tools or templates for industry regulatory reporting. |
Regulatory reporting templates and automation are available in OAC. | |
Data Retention Policy Management Automatic enforcement of data archiving and deletion in line with regulations. |
Data retention and lifecycle policies are configurable in the Oracle Cloud Console. | |
Multi-factor Authentication Support for two-factor or multi-factor authentication for user access. |
Supports multi-factor authentication as part of Oracle Identity and Access Management. | |
Single Sign-On (SSO) Integration with enterprise identity providers via SSO. |
SSO integration with SAML, OAuth, etc., is fully supported for enterprise SSO. | |
Penetration Testing Regular third-party security assessments of the platform. |
OCI/OAC undergoes regular third-party penetration testing for security compliance. | |
Role-based Data Access Granular control over which users can view or edit specific data sets. |
Role-based data access at dataset, report, and field level is supported. |
Custom Dashboards Users can configure and personalize analytical dashboards. |
Users can create and personalize dashboards. | |
Report Scheduling Automatic generation and distribution of reports on a set schedule. |
Report scheduling and email distribution are available out of the box. | |
Annotation & Commenting Inline commenting and annotation tools for team collaboration. |
Annotation and commenting features are supported in dashboard collaboration. | |
Mobile Access Full functionality or at least key insights available on mobile devices. |
Mobile access via Oracle Analytics Cloud mobile applications. | |
Multilingual Interface Support for multiple languages in the user interface. |
No information available | |
Guided Onboarding Step-by-step training or walkthroughs for new users. |
New-user onboarding is guided in the UI and through interactive tutorials. | |
Role-based Interface Customization UI adapts to user’s functions (e.g., actuary, underwriter, claims manager). |
Interface elements and dashboards can be role-customized. | |
Document Sharing Direct sharing or export of dashboard, reports, and models. |
Supports document and dashboard sharing/export. | |
Collaboration Workspace Centralized project or workspace for teams to manage analytics projects. |
Collaboration workspaces for project teams are available. | |
User Feedback Loop Mechanisms for users to suggest improvements, report bugs, or request features. |
Feedback mechanisms and user input for feature requests are supported. | |
Accessibility Compliance Meets standards such as WCAG for users with disabilities. |
No information available |
Custom Visualization Library Wide variety of graph, chart, and diagram types beyond basic bar and line types. |
Advanced visualizations and extensible UI support more than basic chart types. | |
Drill-down Capabilities View detailed information and trace factors behind each prediction or trend. |
Drill-down in visualizations is supported. | |
Geospatial Mapping Visualization of data on geographic maps to track claim concentrations, risk zones, etc. |
Geospatial and map visualizations are available. | |
Temporal Analysis Tools Visualization of trends and predictions over time. |
Temporal analysis features and timeline visualizations are standard. | |
Export to PDF/Excel/PowerPoint Direct download or export of reports in common formats. |
Reports can be exported in PDF, Excel, and PowerPoint formats. | |
Interactive Dashboards Live updating and interactive filtering of visualizations. |
Interactive dashboards are a core OAC offering. | |
Custom Report Templates Library or builder for creating company-branded report templates. |
Custom report templates and branding are supported. | |
KPI Tracking Monitor key insurance performance indicators alongside predictive model outputs. |
KPI tracking widgets are standard in Oracle dashboards. | |
Scheduled Email Distribution Automated periodic sending of insights and reports to stakeholders. |
Scheduled distribution of dashboards/reports via email is supported. | |
What-if Scenario Analysis Test the outcome of hypothetical situations through simulation. |
'What-if' and scenario analyses are available in predictive modeling modules. | |
Embedded Analytics Ability to embed visualizations in external portals or applications. |
Embedded analytics for integration with other portals/applications is documented for OAC. |
Cloud Deployment SaaS or managed cloud hosting for rapid rollout and scalability. |
Oracle Analytics Cloud is offered as a SaaS, managed via OCI. | |
On-premise Deployment Support for installation within insurer’s own infrastructure. |
On-premise deployment is available via Oracle Analytics Server. | |
Hybrid Deployment Ability to split workloads and data between cloud and on-premise environments. |
Hybrid deployment is possible by splitting workloads between OAC and on-premise Oracle instances. | |
Open RESTful APIs Public APIs to facilitate integration with legacy and new insurance systems. |
Provides open REST APIs for integration. | |
Webhooks Support Real-time notification and workflow triggers for external systems. |
Webhooks and workflow integration modules are documented features. | |
SDKs for Developers Software development kits in common languages for custom integration. |
SDKs for customization and integration in common languages are available. | |
Data Export Formats Number of file formats supported for export. |
No information available | |
Third-Party Service Integration Certified connectors for CRMs, ERPs, DWHs, or vertical insurance platforms. |
Certified connectors for CRM, ERP, and DWH integration are available. | |
Containerization Support Ability to deploy solutions using Docker, Kubernetes, or similar technologies. |
Supports container-based deployment (Docker, Kubernetes) for microservices. | |
Zero Downtime Deployments Update the platform without user disruption. |
Zero-downtime deployments are supported by Oracle Cloud deployment mechanisms. | |
Custom Integration Services Professional services or tools for bespoke system integrations. |
Professional services and tools for custom integration are part of Oracle's offerings. |
Model Performance Dashboards Real-time status and KPI views for all deployed models. |
Model performance monitoring and dashboarding are available for all deployed models. | |
Drift Detection Automated detection when model input or output distributions change significantly. |
Automated model drift detection is part of model monitoring tools. | |
Scheduled Model Retraining Automatic retraining of models on updated data. |
Scheduled retraining can be set for models with automated data pipeline refresh. | |
Model Health Alerts Notifications when models underperform or exhibit anomalies. |
Model health alerting and performance notification settings are built-in. | |
A/B Testing Framework Can run multiple models in parallel to determine best outcomes. |
A/B testing framework is part of Oracle's analytic modeling capabilities. | |
Shadow Deployment Deploy test models alongside production for comparison without affecting outcomes. |
No information available | |
Manual Model Override Ability for responsible users to override automated predictions if required. |
Manual model override—users can intervene in automated processes as required. | |
Model Comparison Reports Automatically generated reports comparing model results and accuracy. |
Automatic creation of model comparison reports is available. | |
Automated Model Archival Old or superseded models can be archived and restored if needed. |
Automated model archival and restore functionality is supported. | |
Custom Logging Levels Configurable granularity of operational and error logs for models. |
Logging and monitoring granularity is configurable for analytics and ML. | |
Explainability Monitoring Ongoing measurement of explainability scores for deployed models. |
Ongoing explainability metrics and monitoring are available. |
Claims Frequency Modeling Templates or wizards for predicting claim counts per time period or policy cohort. |
No information available | |
Loss Severity Modeling Support for modeling and predicting potential cost per claim. |
No information available | |
Customer Lifetime Value Prediction Tools to estimate future profitability of policyholders. |
No information available | |
Fraud Detection Modules Pre-built modules or scripts for identifying potentially fraudulent claims. |
No information available | |
Churn/Renewal Prediction Predicting which policyholders are likely to lapse or renew contracts. |
No information available | |
Risk Pool Segmentation Algorithmic grouping of policies/customers with similar risk characteristics. |
No information available | |
Catastrophe Modeling Scenario modeling for weather, disaster, or other catastrophic event impacts. |
No information available | |
Quotation Optimization Predictive pricing to optimize quote conversion while managing risk. |
No information available | |
Regulatory Compliance KPIs Dashboards or reports targeting regional insurance regulatory requirements. |
No information available | |
Reinsurance Analytics Integration Built-in support for actuarial or portfolio-level analytics for reinsurers. |
No information available | |
Underwriting Decision Support Predictive analytics specifically designed for supporting underwriters. |
No information available |
Comprehensive User Documentation Access to manuals, guides, and API docs. |
Comprehensive online and embedded documentation is available for Oracle Analytics Cloud. | |
In-Platform Help Contextual help, tutorials, and support widgets within the UI. |
Contextual and in-platform help is provided in the UI. | |
Online Knowledge Base Searchable library of FAQs, troubleshooting tips, and community discussions. |
Online knowledge base and support portal are maintained by Oracle. | |
24/7 Support Availability Around-the-clock access to technical and business support. |
24/7 support is offered with different Oracle support contracts. | |
Dedicated Account Manager Named advisor for onboarding and ongoing account support. |
Dedicated account managers are assigned for enterprise clients. | |
Custom Training Programs Role-based or use-case-based remote or on-site training. |
Offers custom and role-based training programs. | |
Professional Services Consulting, configuration, and hands-on setup services. |
Professional services and consulting are available for onboarding and setup. | |
User Community Portal Online forums for networking, sharing experiences, and best practices. |
Oracle maintains user community forums and networking resources. | |
Release Notes & Change Logs Detailed updates on platform enhancements and bug fixes. |
Detailed release notes and change logs are published with each update. | |
Sandbox Environment Safe, isolated environment for new user experimentation. |
Sandbox/test environments are available for development and safe experimentation. |
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.