Oracle

Oracle Financial Crime and Compliance Management

Composite Score

7.5 /10

CX Score

7.9 /10

17 Reviews Write a Review

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What is Oracle Financial Crime and Compliance Management?

Increase effectiveness and efficiency at scale with Oracle's Anti-Money Laundering Solutions.

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Oracle Financial Crime and Compliance Management Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Oracle Financial Crime and Compliance Management.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

80 Likeliness to Recommend

92 Plan to Renew

82 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+89 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Oracle Financial Crime and Compliance Management?

0% Negative

8% Neutral

92% Positive

Pros

Effective Service
Reliable
Efficient Service
Over Delivered

Feature Ratings

Average 78

Enforcement and Sanction Watch Lists

Data Curation

PEP Screening

Risk Assessment

International Verification

International Data Sources

Minimum Number of Records

Adverse Media

Watchlist Alerts

Name Matching Technology

AI/Machine Learning

Vendor Capability Ratings

Average 77

Ease of IT Administration

Vendor Support

Business Value Created

Availability and Quality of Training

Ease of Data Integration

Ease of Implementation

Quality of Features

Breadth of Features

Usability and Intuitiveness

Ease of Customization

Product Strategy and Rate of Improvement

Oracle Financial Crime and Compliance Management Reviews

Tushar S.

Role: Sales Marketing
Industry: Apparel
Involvement: Vendor Selection and Purchasing

Validated Review

Verified Reviewer

Submitted Jan 2025

All are good

Likeliness to Recommend

1 /10

What differentiates Oracle Financial Crime and Compliance Management from other similar products?

Not any specific

What is your favorite aspect of this product?

All are average

What do you dislike most about this product?

Not any all are okay

What recommendations would you give to someone considering this product?

Not any specific

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Tochukwu C.

Role: Operations
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jan 2025

Comprehensive solution

Likeliness to Recommend

10 /10

What differentiates Oracle Financial Crime and Compliance Management from other similar products?

Oracle’s solution offers global compliance coverage, keeping institutions up-to-date with evolving regulatory requirements across various regions. This includes integrating global sanctions lists, PEP (Politically Exposed Persons) screening, and regulatory reports tailored to different jurisdictions.

What is your favorite aspect of this product?

My favorite aspect of Oracle Financial Crime and Compliance Management (FCCM) is its advanced analytics and machine learning capabilities. These features enable the platform to continuously adapt to emerging financial crime patterns, providing highly accurate and proactive fraud detection. The system can identify complex, previously undetected patterns in real-time, ensuring that compliance teams stay ahead of evolving threats. The ability to leverage AI for smarter, automated decision-making and case prioritization significantly enhances the efficiency and effectiveness of the compliance process, making it a valuable tool for combating crime

What do you dislike most about this product?

What I dislike most about Oracle Financial Crime and Compliance Management (FCCM) is its complexity and steep learning curve. While the platform offers robust features and advanced capabilities, the system can be overwhelming, especially for new users or teams without deep technical expertise. The configuration and setup process can be time-consuming, and the amount of customization available may require a dedicated IT team to properly implement and maintain the system. This could be a challenge for smaller organizations or those with limited resources to manage such an advanced tool effectively.

What recommendations would you give to someone considering this product?

While the platform is highly customizable, you should evaluate whether your organization will need specific rule configurations, customer risk scoring systems, or reporting adjustments. Ensure that the level of customization fits your operational requirements.

Pros

Continually Improving Product
Reliable
Performance Enhancing
Unique Features

Kishore Kumar S.

Role: Information Technology
Industry: Manufacturing
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Oct 2024

Fantastic Tool for Compliance

Likeliness to Recommend

10 /10

What differentiates Oracle Financial Crime and Compliance Management from other similar products?

FCCM has End to end solution which helps covering various aspects of financial crime and compliance

What is your favorite aspect of this product?

Graph analytics - Advanced Technology used visualize complex relationship between entity and identify hidden risks

What do you dislike most about this product?

Nothing to complain as of now as this is one the best tool available in the market

What recommendations would you give to someone considering this product?

Enhanced Detection, Automated Workflows, Data Quality and Management is the key thing to consider is what i suggest to considering this product.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Oracle Financial Crime and Compliance Management

What is Oracle Financial Crime and Compliance Management?

Company Details

Need Assistance?

Oracle Financial Crime and Compliance Management Ratings

80 Likeliness to Recommend

92 Plan to Renew

82 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+89 Net Emotional Footprint

How much do users love Oracle Financial Crime and Compliance Management?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Enforcement and Sanction Watch Lists Monitors watch lists of individuals who are sanctioned or wanted by enforcement authorities domestically and abroad.

Data Curation Human analysts are employed to ensure that profiles of high-risk individuals are current and valid.

PEP Screening Identifies Politically Exposed Persons (PEPS).

Risk Assessment 'The system provides an assessment of the risks associated with the individual.

International Verification International adverse media is sourced across multiple languages and incorporated into the profile database.

International Data Sources Information from sources across gathered and analyzed.

Minimum Number of Records The solution has a minimum of 1 million records in its database.

Adverse Media Searches and compiles information from adverse media to identify politically exposed persons (PEPs) and other high-risk individuals.

Watchlist Alerts The solution allows the user to select profiles for watchlists and alerts the user when the profile has changed.

Name Matching Technology The solution hosts an advanced name-matching technology that resolves name duplication, aliases, and variations in foreign spelling and naming conventions.

AI/Machine Learning The solution employs artificial intelligence or machine learning to identify high-risk individuals and resolve false positives.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Oracle Financial Crime and Compliance Management Reviews

Tushar S.

All are good

Likeliness to Recommend

Pros

Tochukwu C.

Comprehensive solution

Likeliness to Recommend

Pros

Kishore Kumar S.

Fantastic Tool for Compliance

Likeliness to Recommend

Pros

Feature Ratings

Enforcement and Sanction Watch Lists

Data Curation

PEP Screening

Risk Assessment

International Verification

International Data Sources

Minimum Number of Records

Adverse Media

Watchlist Alerts

Name Matching Technology

AI/Machine Learning

Vendor Capability Ratings

Ease of IT Administration

Vendor Support

Business Value Created

Availability and Quality of Training

Ease of Data Integration

Ease of Implementation

Quality of Features

Breadth of Features

Usability and Intuitiveness

Ease of Customization

Product Strategy and Rate of Improvement