Oracle Financial Services Software (OFSS) has launched Oracle Financial Services Hedge Management and IFRS Valuations, the product that would help financial institutions easily comply with regulatory requirements for International Financial Reporting Standards (IFRS). The new IFRS necessaries for documentation and transparency make manual and siloed hedge accounting and valuation processes impractical. Given market volatility, hedge accounting must be a fully automated process.
Emerging regulations, such as The Dodd-Frank Wall Street Reform and Consumer Protection Act in the United States, Basel III and the adoption of standards defined in IFRS, mandate tighter alignment between the controller, treasury and risk operations. As part of the Oracle Financial Services Analytical Applications suite that shares a common account-level relational data model and application architecture, Oracle Financial Services Hedge Management and IFRS valuations facilitates such alignment.
Oracle Financial Services Software registered growth of 46.47% in its net profit for the current year, 2011 at Rs 967.98 crore as compared to Rs 660.84 crore for the previous year. Its total income increased by 5.22% at Rs 2360.51 crore for the year under review from Rs 2243.47 crore in previous year.
| Company Name | CMP |
|---|---|
| TCS | 3846.55 |
| Infosys | 1471.60 |
| HCL Tech. | 1354.35 |
| Wipro | 452.55 |
| Tech Mahindra | 1328.40 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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