Oracle FLEXCUBE Universal Banking 11 Trade Finance Implementation Essentials

Oracle FLEXCUBE Universal Banking 11 Trade Finance Implementation Essentials

The Oracle FLEXCUBE Universal Banking 11 Trade Finance Implementation Essentials (1Z0-586) is designed for individuals who possess a strong foundation in implementing Trade Finance module of universal banking solution using Oracle FLEXCUBE. This certification exam covers topics such as: Letter of Credit, Bank Guarantees, Shipping Guarantees and Bills and Collection

The Oracle FLEXCUBE Universal Banking 11 Trade Finance Implementation Specialist certification recognizes OPN members as OPN Certified Specialists. This certification differentiates OPN members in the marketplace by providing a competitive edge through proven expertise. This certification helps the OPN member's partner organization qualify for the Oracle FLEXCUBE - Universal Banking Specialization.


Exam Number:

 

1Z0-586

Duration:

 

120 minutes
Register
Here:

 

Register online or by phone.
Number of
Questions:

 

70
Exam
Price:
US$ 195
More on exam pricing
Passing
Score:
70%

Passing score subject to change. View Details
Certifications
Earned:
Oracle FLEXCUBE Universal Banking 11 Trade Finance Certified Implementation Specialist

OPN Certified Specialist

 

Recommended Training and Preparation Additional Information & Resources Exam Topics Fraudulent Activity Policy


Recommended Training
Oracle FLEXCUBE Universal Banking 11Trade Finance Implementation Exam Guide (PDF)

OPN Guided Learning Path
Oracle FLEXCUBE Universal Banking 11 Trade Finance Implementation Specialist

 

 

Additional Information & Resources
Exam Retake Policy
Specialization Catalog (PDF) for all launched and planned Specializations
Product Mapping to Specialization (XLS)

 

 

Exam Topics

Letter of Credit (LC) - Domain & Concepts

  • Describe Letters of Credit
  • Explain the Letters of Credit Life Cycle
  • Differentiate between various Letter of Credit (LC) terminologies & concepts

Letter of Credit(LC) – Maintenances

  • Explain Set-up Maintenances
  • Use Free Format Text and Goods Maintenance
  • Setup Document and Clause code maintenance
  • Perform the Product Setup with parameters

Letter of Credit (LC) Transactions

  • Explain Contracts for the different types of products
  • Create Import Letters of Credit
  • Create Export Letters of Credit
  • Add confirmation to LC's
  • Create Transferable LC's
  • Create a Revolving Letters of Credit
  • Lodge a Reimbursement under LC's
  • Create Back to Back LC's
  • Create an Amendment to Import LC's
  • Create an Amendment to Export LC's
  • Create Availment under Letters of Credit

Bank Guarantees, Shipping Guarantees and Standby LC's - Domain & Concepts

  • Describe Guarantees, Shipping Guarantees and Standby LC's
  • Explain Guarantee Life Cycle
  • Differentiate between various Guarantees terminologies and concepts

Bank Guarantees, Shipping Guarantees and Standby LC's - Transactions

  • Gather requirements for reports
  • Develop reports

Bank Guarantees, Shipping Guarantees and Standby LC's - Domain & Concepts

  • Describe Guarantees, Shipping Guarantees and Standby LC's
  • Explain Guarantee Life Cycle
  • Differentiate between various Guarantees terminologies and concepts

Bank Guarantees, Shipping Guarantees and Standby LC's – Transactions

  • Explain Contracts for the different types of products
  • Create Contracts for Issuance of Guarantees, Shipping Guarantees and Standby LC's
  • Create Contracts for Issuance of Counter Guarantees
  • Create Contracts for Advising of Guarantees
  • Perform an amendment to Guarantees, Shipping Guarantees and Standby LC's
  • Lodge a Guarantee Invocation

Bills and Collection - Domain & Concepts

  • Explain Bills and Collection
  • Describe the Life Cycle of Bills and Collections

Bills and Collection - Maintenances

  • Explain Bills and Collection maintenances
  • Perform Product Set-up with its parameters

Bills and Collection - Transactions

  • Explain Contracts for the different types of products
  • Lodge an Export Bill under LC
  • Lodge an Export Bill not under LC
  • Create an Import Bill contract under LC
  • Create an Import Bill contract not under LC
  • Perform Change of Operation in an Export Bill
  • Perform Change of Operation in an Import Bill
  • Create Forfeiting of Bills
  • Lodge and Honor Reimbursements
  • Create Registration of Bills

 

 

Oracle Certification Program Fraudulent Activity Policy

Oracle reserves the right to take action against any candidate involved in fraudulent activities, including, but not limited to, fraudulent use of vouchers, promotional codes, reselling exam discounts and vouchers, cheating on an exam, alteration of score reports, alteration of completion certificates, violation of exam retake policies or other activities deemed fraudulent by Oracle.

If Oracle determines, in its sole discretion, that fraudulent activity has taken place, it reserves the right to take action up to and including, but not limited to, decertification of a candidate's Oracle Certified Associate, Oracle Certified Professional and/or OCM credentials, temporary, indefinite or permanent ban of a candidate from Oracle certification programs, notification to a candidate's employer, and notification to law enforcement agencies. Candidates found committing fraudulent activities forfeit all fees previously paid to Oracle, or to Oracle's authorized vendors, and may be required to pay additional fees for services rendered.

View the Oracle Certification Program Candidate Agreement which requires your agreement before the start of each exam.


 
 E-mail this page  Printer View