Core Banking Implementation

corebankingOracle FLEXCUBE Core Banking Solution allows Banking and Financial Services institutions to redefine the banking experience and creates opportunities to the end customer. This solution helps deliver more personalised and well-suited service to customers across all channels. It enables Banking and Financial Services institutions to simplify and streamline processes, track and quickly manage complex transactions, identify bottlenecks and improve customer service. The state of the art solution provides a synchronised infrastructure and open development that is flexible in deployment and upgrade options. Its open architecture, flexibility and ability to seamlessly integrate with other systems, including in-house banking software, make it ideal for Banking and Financial Services institutions looking to maintain a competitive edge in the fast evolving BFS industry.

Oracle FLEXCUBE Universal Banking

Oracle FLEXCUBE Universal Banking addresses corporate, retail and investment banking needs. With its comprehensive capabilities, banks can enhance their customer service, improve staff productivity, streamline operations and improve risk management. The application is backed by strong technological infrastructure that enables quick implementation of changes and new ideas in order to reduce the overall time-to-market.

Oracle FLEXCUBE provides a spectrum of services including helping corporate banks improve their productivity of knowledge workers, improving cross-sell and up-sell, centralizing product configuration and processing, providing end-to-end services across conventional and Islamic banking, and effectively managing operations and risk.

Oracle FLEXCUBE Universal Banking addresses corporate, retail and investment banking needs. With its comprehensive capabilities, banks can enhance their customer service, improve staff productivity, streamline operations and improve risk management. The application is backed by strong technological infrastructure that enables quick implementation of changes and new ideas in order to reduce the overall time-to-market.

Oracle FLEXCUBE provides a spectrum of services including helping corporate banks improve their productivity of knowledge workers, improving cross-sell and up-sell, centralizing product configuration and processing, providing end-to-end services across conventional and Islamic banking, and effectively managing operations and risk.

Oracle FLEXCUBE for Islamic Banking

Oracle FLEXCUBE Islamic Banking is the comprehensive, integrated and fully Sharia compliant Islamic banking solution in the Oracle FLEXCUBE suite of products. It provides a back office processing environment for Islamic financial products and supports the complete lifecycle of a wide range of transactions and investment processes including calculations and payments, funds deployment and tracking, and asset valuations. It supports nine Islamic financial structures vizBaiBithamanAjil, Ijarah, Istisna, Mudarabah, Murabaha, Musharaka, Salam, Sukuks, and Tawarruq.

Oracle FLEXCUBE Islamic Banking enables banks to offer customers Islamic products along with their current banking products, thus reducing the need to implement two different core banking systems. It permits the coexistence of Islamic banking and conventional banking in the same core banking infrastructure and allows user access restrictions and different screen layouts for Islamic and conventional banking.

Oracle FLEXCUBE for MFIs

Oracle FLEXCUBE Universal Banking offers Microfinance Institutions a flexible environment to operate. It makes their distribution more effective including support for devices, provides faster product definition together with better risk insight and reporting capabilities.

Oracle FLEXCUBE enables helps financial institutions simplify their microfinance related back office infrastructure to reduce transaction costs, expand their operations swiftly and extend their reach. Its flexible and modular design also enables them to add on functional modules as their business grows. This allows financial institutions to optimize investment in IT infrastructure.