Oracle IFRS and LDTI Solutions logo

Oracle IFRS and LDTI Solutions

by Oracle Corporation · Since N/A
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ActiveAvailable globallyCloud
Quick facts
VendorOracle Corporation
Year launchedN/A
StatusActive
LocationCorporate HQ of Oracle Corporation: 2300 Oracle Way, Austin, TX 78741, USA
Countries servedGlobal
Languages11
Integrations
Free tier
Free trial
Contact salesYES

About Oracle IFRS and LDTI Solutions

Oracle IFRS and LDTI Solutions is an accounting and regulatory compliance software from Oracle Corporation that helps organizations adapt to rapidly changing regulatory reporting requirements. It combines Oracle Cloud Infrastructure, Oracle Fusion Cloud Applications, and Oracle Database to provide comprehensive solutions for financial reporting and compliance. This product supports financial institutions in meeting International Financial Reporting Standards (IFRS) and Long Duration Targeted Improvements (LDTI) requirements effectively. With the use of advanced technology and integrated applications, users can achieve accurate and timely reporting while managing associated risks efficiently. Key capabilities: regulatory reporting financial compliance risk management integration with Oracle Cloud analytical insights Best for: financial professionals that need to ensure compliance with evolving accounting standards.

Oracle Financial Services Accounting and Regulatory Compliance solutions offer a comprehensive platform for financial institutions aiming to streamline reporting and improve risk management. The software’s unified data model ensures high data quality and consistency across finance and risk reporting, providing a single source of truth for decision-makers. Automation of reporting processes—from data capture to submission—reduces manual effort and the risk of errors, allowing institutions to meet regulatory requirements efficiently. The integration of climate change analytics adds significant value, enabling organizations to assess, monitor, and mitigate climate-related risks while supporting sustainability goals. Prebuilt frameworks, such as the Climate Scorecard, and access to over 100 cross-jurisdictional reporting templates simplify compliance with global standards, including ISSB, TCFD, ESRS, SEC, and SFDR. The platform also delivers actionable insights through modern analytics tools, supporting informed decision-making and cost optimization. Its ability to integrate climate risk into enterprise risk and investment decision-making further strengthens its strategic value. However, the software has some limitations. Implementation can be complex and resource-intensive, and smaller institutions may find the licensing costs prohibitive.

Pros & Cons

What users like
  • +Provides a unified data model across the organization, ensuring high data quality and consistency for both finance and risk reporting.
  • +Automates financial and regulatory reporting processes from data capture to submission, significantly reducing manual effort and errors.
  • +Offers advanced climate change analytics to help organizations assess, report, and mitigate climate-related risks effectively.
  • +Supports comprehensive carbon accounting and emissions disclosure across Scope 1, 2, and 3, aligned with global standards.
  • +Provides access to over 100 prebuilt cross-jurisdictional reporting disclosures, enabling faster compliance with global regulations.
What users flag
  • Implementation can be complex and time-consuming, requiring specialized expertise and thorough planning.
  • High cost of licensing and deployment may be prohibitive for smaller financial institutions.
  • Requires ongoing maintenance and updates to keep pace with evolving regulatory standards.
  • Heavy reliance on accurate input data means errors upstream can compromise reporting outputs.
  • Limited flexibility for highly customized reporting outside the prebuilt frameworks and templates.

Features

Key features

Unified data model
Provides better control over data quality and consistency across the organization
Automated reporting
Automates financial and regulatory reporting from data capture to submission
Climate change analytics
Assesses, reports, and manages climate-related risk
Carbon accounting
Enables emissions calculation and disclosure based on recognized standards
Climate risk integration
Integrates climate risk into enterprise risk and investment decision-making
Prebuilt reporting disclosures
Accesses cross-jurisdictional climate reporting disclosures and visualizations
Modern analytics
Delivers faster, actionable insights for informed decision-making

Additional features

Carbon accounting
Performs carbon accounting using a scalable and flexible model for Scope 1, 2, and 3 emissions across multiple categories
PCAF compliance
Calculates and discloses emissions across portfolios based on PCAF guidelines for financed, facilitated, and avoided emissions
Climate Scorecard
Uses prebuilt framework with custom parameters, PD and LGD models, climate targets, and heatmaps
Holistic risk analysis
Conducts climate risk analysis across operations and collaterals using Oracle Analytics
Regulatory reporting templates
Provides over 100 prebuilt climate change reporting disclosures for ISSB, TCFD, ESRS, SEC, and SFDR
Intensity metrics
Computes and reports KPIs such as carbon footprint, WACI, economic emissions intensity, and exposure to carbon-related assets
Single source of truth
Ensures improved control and consistency across risk and finance reporting
Automated compliance
Automates regulatory reporting processes including data capture, consolidation, computation, and submission
Cost reduction
Reduces costs and maximizes investments using a modern, future-proof analytics platform
Integrated reporting
Streamlines compliance and enhances performance by integrating risk and finance reporting
Balance sheet management
Optimizes reward versus risk with accurate balance sheet management
Data modernization
Modernizes data management and improves decision-making with a unified data model
Enterprise risk management
Achieves consistent, verifiable results in risk measurement, management, and mitigation
Profitability management
Maximizes profit and controls costs effectively

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
11
Interface languages
14
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchJapaneseChineseKoreanRussian.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇧🇷BRL🇷🇺RUB🇰🇷KRW🇲🇽MXN🇸🇬SGD

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