FLEX-CUBE -: Users, Process and Tasks ......

FLEXCUBE Universal Banking is a key solution that provides an unified back office processing enviornment for Corporate, Retail and Investment banking operations. FLEXCUBE'S unique design offers great flexibility to financial institutions giving them an opportunity to easily adapt to the needs of their markets and at the same time makes it possible for banks to improve their overall operational effectiveness.

Business Process - : The process for Oracle Industry different model for banking are organzied by various different lines of business, including trade finance, cash management, investment banking aswell as different functional areas such as risk and control and marketing. With Oracle FLEXCUBE Universal Banking products and services can be offered to customers through a variety of different delivery channels Branch/Teller aswell as interfaces to external systems for typical channels such as ATM, Point Of Sale and Mobile Banking.

For more information on how the whole process of works ( data loading ) visit the following link
http://download.oracle.com/docs/cd/E05579_01/books/E05579-01.pdf

For he development of the Universal Banking model, Oracle has leveraged the best technology in the industry e.g. Business Process Execution Language, SOA along with the help of strategic partnerships with proven industry leaders like IBM. This model allows users gain an advantage in the company business process management initiative using a package of well proven processes that all the necessary diverse and manual interventions. In addition to this it also monitors risk indicators and serves as a very important tool in the implementation of a risk control self assesment framework.

FLEX-CUBE GIVES YOU THE OPPORTUNITY TO MEET ALL YOUR BANKING NEEDS!!!

Tasks -: FLEXCUBE offers the following functionality for Corporate Banking.

Trade finance: "Automates and audits the lifecycle of trade finance and payments processes in real time in accordance with Universal Computer Protocol and Society for Worldwide Interbank Financial Telecommunication (SWIFT) standards."

Commercial lending: "Manages the entire loan contract lifecycle and supports many types of corporate lending, including term loans, working capital facilities, import and export pre-shipment and postshipment financing, overdraft facilities, and financial guarantees."

Cash pooling and cash concentration: "Meets your end-to-end cash management needs and improves funds collection, payment dispatch, and funds use."

http://www.google.ca/en&q=FLEXCUBE+UNIVERSAL+BANKING+technical+requirements&meta


FLEXCUBE offers the following functionality for Retail Banking
Term deposits: Manages the full range of retail term deposits.
Accounts creation and processing. Creates and processes current and savings accounts.

http://www.oracle.com/industries/financial_services/pdfs/oracle-flexcube-universal-banking-br.pdf


Transfer Agency and Fund Accounting-:
Oracle FLEXCUBE Universal Banking offers a simple investor servicing solution that automates the entire transaction, processing and transfer agency functions within a mutual fund company.

Treasury and Investments -:
Oracle FLEXCUBE Universal Banking offers a complete, integrated treasury and investment solution that covers the following areas: Money Market, Securities, Over-the-counter (OTC) derivatives which supports forward rate agreements.