Oracle Financial Services Analytical Applications (Ontario)

Oracle Financial Services Analytical Applications (Ontario)

30 Jul
|
Futran Solutions
|
Ontario

30 Jul

Futran Solutions

Ontario

Title – OFSAA Developer

Location – Toronto, ON(Canada)

Work mode Hybrid(4 days office per week)

Duration – Full time

JD

Key Responsibilities

1Profitability Management (Cost Allocation Framework)

Existing OFSAA Profitability Management platform hosts approximately 1,400 cost allocation rules.

Implemented in 2020 based on the CNB Cost Allocation Policy.

Running on the latest supported on-premises version deployed in production.

Infrastructure consists of

12 Virtual Machines

6 Physical Database Servers

Highly stable BAU workplace with:

Automated single-click batch execution

Automated rerun capabilities

Automated data archival and purge processes 2.

General Ledger

Reconciliation (GLR)

Reconciles detailed account-level balances against the General Ledger across all product categories used in cost allocation.





Supports automated adjustment and posting capabilities based on configurable thresholds and rules.

CNB currently uses GLR for reconciliation reporting and review; automated adjustment functionality is not enabled due to business requirements.

The GLR module is generic and can be extended beyond cost allocation use cases to reconcile additional datasets across CNB & RBC portfolios. 3.

Financial Services Data

Foundation (FSDF)

Serves as the foundational data model for all deployed OFSAA modules.

Provides

Common staging area

Application processing layers

Shared results repositories

Can act as an enterprise-wide finance and risk data platform and single source of truth.

FSDF is the CPU for different OFSAA business modules.

📌 Oracle Financial Services Analytical Applications (Ontario)
🏢 Futran Solutions
📍 Ontario

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