BFSI Tech Vs. Regulations: Striking The Balance
Saloni Ramakrishna, Principal Architect, Oracle Financial Services explains why banking CIOs need to balance technology and regulatory aspects to rectify operational inefficiencies.
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Oracle Database and Oracle Fusion Middleware help automate transactions, enabling financial institutions to conduct branch operations at a faster pace and increase the number of transactions per day.
Starting from single group loans, the microfinance company has now moved to a wider basket of individual loans with optimised approval cycles.
To succeed in this increasingly competitive marketplace, financial services firms today face several challenges that compete with relationship-building for time and resources.