How Bank of Oklahoma Is Modernizing Finances
summary
Bank of Oklahoma describes a finance and risk modernization that makes legacy 5–20 year processes replaceable, citing a $48 billion institution across seven states and a push to reduced close from five days to under a day for accounting and regulatory cycles. The program uses OFSAA and Oracle financial data mart on OCI and Oracle Database to centralize data, speed deposit and loan schedules, improve regulatory reporting accuracy, and free analysts for higher-value work.
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chapters (5)
- 0:00Introduction
- 0:22What are the biggest challenges Bank of Oklahoma is facing
- 1:31Top priorities for Bank of Oklahoma
- 4:12What are Bank of Oklahoma trying to achieve
- 5:52Benefits of regulatory reporting
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