OAM is designed to be scalable, and it can handle large-scale deployments with thousands of users and applications. It provides a centralized framework for managing access to web applications and resources, enabling organizations to define and enforce security policies across their entire IT environment. OAM offers a range of authentication and authorization mechanisms, including multi-factor authentication and OAuth-based authentication, making it suitable for organizations that need to meet different security and compliance requirements.
Wolters Kluwer OneSumX is a perfect fit for almost all financial risk management needs. More to running financial risk analytics to help you keep an eye out on any possible financial risk, it offers outstanding functionalities in entire business regulatory analytics and reporting to help you run your business within its regulatory compliance.
Oracle Access Management allows superior session management capabilities. It can maintain and terminate session states using access engine and endpoint cookies or security tokens.
It allows for automated single sign-on as well as protocol translation.
The suite allows for real-time fraud detection and prevention capabilities. This is especially useful where our applications are accessed by tens of thousands of users simultaneously.
It is easy to run various scenario analyses and stress testing on various financial activities in order to get useful metrics about possible financial risks.
It allows one to easily and fast process even huge amounts of data thus saving time and resources spent performing these activities.
It is flexible and easy to customize in order to fit your working criteria so as to best meet your financial risk management needs.
It is easy to have a full review of the entire balance sheet for easy data modelling.
The product could be improved by simplifying changing the master password. That is, if you change a password in one place, it would be good to automate changing the password for all the gateways so that change is less complicated.
It should be more Customizable for Customer Specific needs.
Oracle Access Management connects well with Oracle Database but doesn't work smoothly with Microsoft AD.
Both are great products. From a technical point of view Oracle Access Management implementation is relatively simple due to the possibility to adjust the functionality and appearance of the system to the customer's needs. SAP is a robust product but not user friendly and more expensive. Overall cost and product functionality was what drove us to implement Oracle Access Management.
Everything about Wolters Kluwer OneSumX stands out when compared to other similar products. Talk of its well-organized interface and dashboard, the number and quality of financial risk management features all the way to the quality of the support offered by the support team. Its ease of deployment is another standalone factor.
It has helped us to streamline our financial risk management experience such that we are able to detect possible financial risks in good time and deal with them accordingly.
It has helped us to generate accurate and transparent regulatory reports that
guides us in ensure regulatory compliance is met.
It has allowed us to run analyses on our financial processes based on different scenarios in order to detect possible financial risk threats.
