Oracle Financial Crime and Compliance Management

Oracle Financial Crime and Compliance Management (FCCM) Cloud Service is a SaaS suite from Oracle Financial Services, delivered on Oracle Cloud Infrastructure, covering a bank’s end-to-end AML and financial-crime compliance chain.

Pre-integrated services include Transaction Monitoring, Know Your Customer (CDD/EDD), Customer Screening against sanctions and watchlists, Transaction Filtering of payment messages, Regulatory Reporting with e-file submission, Investigation Hub with graph analytics and ML insights, Studio for in-house model development, and Automated Scenario Calibration which automates scenario tuning and threshold optimisation. The Monitor Cloud Service, released September 2024, is the suite’s reporting layer: a role-based dashboard for chief AML officers consolidating KPIs across the other FCCM products, organised around financial-crime typologies.

1. End-to-end AML SaaS: transaction monitoring, KYC/CDD/EDD, customer screening, transaction filtering, regulatory reporting and Investigation Hub.

2. FCCM Monitor Cloud Service gives chief AML officers one role-based dashboard of KPIs across all FCCM modules.

3. Typology-driven analytics built around people, organisations and their financial-crime characteristics.

4. Interactive visualisations: bar, line and pie charts, heat maps, drill-downs, configurable time and category filters.

5. Automated Scenario Calibration Cloud Service replaces manual scenario tuning and threshold optimisation.

6. Modules are pre-integrated but can be purchased separately and integrated with third-party or internal AML systems.