Webcast: Improving Financial Services Institutions' Strategic Planning Process
A financial service institution's strategic planning process must be agile, at the right level of detail, and scenario-based. An agile process allows the institution to quickly evaluate changes in the business, such as an acquisition or a new product. The right level of detail means that the institution can produce a strategic plan quickly and uses aggregated loan level data integrated with source systems. Scenario based strategic plans evaluate multiple assumptions about key drivers, such as new loan volume and interest rates, and report the effects of different assumptions on important metrics.
Traditional methods for producing strategic plans don't adequately meet the needs of financial services institutions. Join this webcast to learn about best practices in strategic planning and see a demonstration of the Strategic Modeling module of Oracle's Enterprise Planning and Budgeting Cloud Service (EPBCS). The product, the successor to Oracle Hyperion Strategic Finance (HSF), has been rebuilt in the cloud to improve performance, simplify the user experience, and integrate with other Oracle cloud products. At the same time, Oracle has retained HSF's core distinctive functionality and has added significant enhancements to improve efficiency.
Critical elements of a strategic planning process
Discussion of existing solutions
Demonstration of Strategic Modeling
Mitch Phillips, Manager; Financial Services, Huron
Mitchell brings over 15 years of experience within the financial systems consulting world, delivering great value to his clients in the evaluation, assessment, and sales process. He has helped numerous organizations with their needs around budgeting, forecasting, reporting, and business intelligence.Watch Webcast