Oracle Flexcube

FLEXCUBE, the universal bank solution of modern generation, allows banks to work worldwide in the new market conditions which are characterized by keen competition, reduction of profit of financial institutions, increase in customer expectations to provide unique competitive advantage for the bank. A system provides unified production environment for corporate, retail, investment banking using flexible and scalable modular architecture.

Proposes the solution: a combination of extensive functionality and modern technologies, the flexibility necessary for work of financial institutions, light adaptability to market demands, improvement of the overall operational efficiency of bank. The modular architecture of FLEXCUBE allows bank to select the functional modules corresponding to the directions of its business. FLEXCUBE provides fast changing of transactions of bank thanks to reduction of time of an output of products by the market, allows bank to offer services taking into account individual customer needs, provides control and risk management of bank.

Key features and advantages of a system:

• Replacement of outdated and complex systems of generation with one application
• Execution of operations is customer-centric that gives to bank the chance at any time to browse the relationship with all clients
• Transition to a system of the centralized processing of bigger volume of transactions without proportional increase in resources or costs for infrastructure
• Use of analytical tools for requirements analysis of clients in creation of new products and offers
• High-quality achievement of client service
• Possibility of fast and easy product modification and offers according to market demands
• High performance of transaction processing online and batch processing of transactions
• Scalable architecture of the application
• Work in the mode 24 x 7 via all possible channels of delivery
• Possibility of transaction processing offline
• Standard interfaces for easy and fast integration with other systems
• An opportunity to configure a product in the distributed or centralized systems of data processing

Possibilities of the core banking system Oracle FLEXCUBE on service of the credits, deposits, payments, support of treasurer transactions and trade financing allow banks to perform processing of complete lifecycle of transactions and to do business in format 24x7x365. The flexibility of a technology platform of Oracle FLEXCUBE provides operational promotion of new approaches and strategy to business, implementing the concept of "factory of products" and opening a way to their extremely fast output to the market. The last generation of the building tools Oracle FLEXCUBE Development Workbench gives to bank the innovation opportunities for independent development and modification of functions of a system, from support of regressive applications testing and creation of forms for different languages before creation of new modules.

The core banking system Oracle FLEXCUBE creates the uniform version of information on bank, provides the "360-degree" overview of the client and individual approach to its service, increases employees productivity, optimizes transactions and improves risk management. On the basis of Web technologies clients of bank receive the multifunction environment of self-service including function of a geolocation and also the channel of user support for instant assistance in the order.