Lombard Risk and Oracle enjoy an application partner relationship
The “unchallenged leader in Financial Services”, Oracle has integrated its Financial Services Data Foundation (FSDF) compute engines with Lombard Risk’s AgileREPORTER regulatory reporting solution to provide end-to-end automation to confront the current and upcoming challenges of regulatory reporting.
The resulting ORRS (“Oracle Regulatory Reporting Solution”) ensures complete data integrity and also allows multi-jurisdiction institutions to establish a global regulatory report production platform integrated with a single source of truth and full data lineage, regardless of where they are situated, or how many jurisdictions they operate in.
Responding to the unprecedented and growing regulatory challenges facing financial institutions, the ORRS solution brings to market an automated, data-driven and jurisdictionally complete approach which is transforming regulatory compliance from what has long been an obstacle to now an opportunity for building, and sustaining, robust competitive advantage. ORRS also allows firms to focus on analyzing and gaining new business insight from their growing stores of data, rather than simply preparing data and reports in order to meet submission deadlines.