JMR Infotech Powers AI & ML-Driven Compliance Transformation at Cooperative Bank of Oromia with Successful FCC Studio Go-Live
Addis Ababa, Ethiopia / Dubai, 24th October, 2025: JMR Infotech, a global leader in digital transformation and banking technology solutions, has successfully gone live with Oracle Financial Services Crime and Compliance Studio 8.1.2.7 (FCC Studio) at Cooperative Bank of Oromia (Coopbank).
This marks Phase 2 of JMR Infotech’s ongoing Financial Crime and Compliance Management (FCCM) engagement with Coopbank. The latest phase introduces Automatic Scenario Calibration (ASC) an AI and ML-powered system that automatically calibrates detection thresholds based on historical transaction data. ASC delivers optimized alerts across all scenario categories, reducing false positives, minimizing missed critical alerts, and enhancing operational efficiency. By analyzing alert patterns, ASC ensures a balance between risk coverage and workload management, empowering Coopbank to strengthen compliance, make informed decisions, and proactively manage financial crime risks at scale.
Shimelis Legesse, Chief Information Officer, Cooperative Bank of Oromia, said:
“This implementation is a key milestone in our compliance transformation journey. The solution enables us to manage financial crime risks more effectively while improving operational efficiency. We appreciate the dedication and expertise of JMR Infotech and Oracle throughout this project.”
Suresha Ramachandra Iyer, President & Head – Enterprise Risk and Analytics, JMR Infotech, added:
“The successful FCC Studio go-live reinforces our commitment to delivering intelligent, scalable, and practical compliance solutions. By leveraging AI and ML, Coopbank can optimize alerts, reduce false positives, and enhance operational efficiency — allowing the compliance team to focus on high-risk cases and proactively manage financial crime risks.”
This successful go-live underscores JMR Infotech’s focus on providing innovative, intelligent, and scalable compliance solutions that help banks meet evolving regulatory demands while driving digital transformation.