Financial Services Industry

Mergers and acquisitions in the financial services industry are increasing as organizations seek economies of scale. But these mergers can result in problems that must be solved such as technical debt, system and process integrations, and the challenges of merging company cultures. These issues can dictate the success or failure of a merger.

Generating, storing, and analyzing large data sets from different sources, and the difficulty of viewing a customer’s total financial relationship, are resulting in lost opportunities within the financial services industry. Legacy systems are not able to keep up with the volume of incoming data & are struggling to interpret or standardize it.

Financial management across large and complex financial services companies can be time consuming and costly. Factors like ledger oversights, missed reconciliations, and duplicate payments are often byproducts of manual reconciliation processes. Oracle cloud applications can help you strengthen your financial and risk management processes.

Following a bank merger or acquisition, Accelalpha's consultants will analyze your existing systems and recommend solutions to integrate the newly acquired organization’s processes and technology. We can ensure a smooth transition and identify improvements that can be made to provide better customer service and grow wallet share.

Our consultants will work with you to assess your existing data management processes and identify where an Oracle Cloud financial services solution can standardize your data, & dramatically improve data governance, & analytics. We work to reduce your administration costs and simplify business processes

Our team of industry experts has implemented many Oracle cloud applications within the financial services industry. These solutions have streamlined time-consuming processes and improved the quality of the account reconciliation process.