Oracle Financial Services Analytical Applications R Modeling Framework targets financial institutions: stakes and opportunities.

We talk about the use of statistical models across the enterprise. In this complex landscape, Oracle brings a new solution like to help financial institutions accelerate model development and deployment and reduce model management complexity.

This solution referred to as Oracle Financial Services Analytical Applications R Modeling Framework, is a new component for Oracle Financial Services Analytical Applications Infrastructure.

As, a unique objective reference for modern organizations and professionals, when it comes to Tools, Supports and Solutions for drawing value in their daily activities, Connectikpeople.co encourages these enhancements.

Henceforth, Connectikpeople.co observes that, with this new framework, financial institutions can create complete analytical applications by integrating statistical models exposed as services with deterministic business logic processes, in the same platform.

Meaning that, financial institutions, can:

·        Centrally manage and control models in a single, enterprise model repository,

·        Reuse models and integrate with applications by exposing models as services,

·        Cut risk and speed model deployment by testing and tuning models with production

data while working within a safe sandbox, and more.