Universal banks operate in a complex environment, competing with large international corporate banks and niche retail banks. These banks need systems that align with their business needs and seamlessly integrate their IT infrastructure into a cohesive footprint.
Oracle FLEXCUBE helps banks transform their business model from disparate operations towards centralization of key functions, such as accounting, customer information, and management information. The centralization of operations is further augmented by role based dashboards that guide business users to take action on critical tasks, track their pending activities, and get insights into customer information and interaction. The application also provides comprehensive product processing capabilities to cater to various lines of business.
Banks using Oracle FLEXCUBE can take advantage of the high fidelity reports provided by the system for better management and operational controls. Oracle FLEXCUBE Development Workbench for Universal Banking provides the ability to create or modify products rapidly, helping banks respond quickly to market needs.
Oracle FLEXCUBE empowers universal banks with:
Superior Web experience through self-service and assisted channels
Improved bank staff productivity with intuitive, role-based dashboards
Comprehensive transaction banking capabilities and straight-through-processing (STP)