Oracle Banking Origination Cloud Service
Oracle Banking Origination Cloud Service helps reimagine originations by driving a personalized, consistent, and frictionless experience with the customer at the center. A modern SaaS solution, its intuitive workflows, streamlined processes, and automated decisioning and pricing help bankers provide tailored onboarding and originations for customers, accounts, deposits, and loans with speed and transparency, delivering instant gratification for customers.
Begin to simplify and automate loan originations.
Explore Oracle Banking Originations Cloud Service’s features
Shopping cart experience
Leverage flexible workflows and an intuitive shopping cart experience to simplify assisted originations and streamline the simultaneous origination of multiple products, saving time and effort.
Dynamic catalogs
Use dynamic and easy-to-manage product catalogs to simplify the process of discovering and selecting products and provide customers with informative product deep dives and comparisons.
Product bundles
Define preset bundles of multiple products, tailor product bundles, and originate the bundles simultaneously, allowing for easy cross-selling and upselling.
Personalized engagement
Use built-in capabilities to offer instant account opening, accelerate originations, and make personalized offers for accounts and loans.
Persona-based dashboards
Leverage tailored dashboards with information and functionality curated to meet the specific needs of different banker personas, allowing for more intuitive customer engagement and efficient operations.
Data management
Benefit from contextual checks and integrations with content management systems that streamline data storage and retrieval. Data is captured, processed, and used efficiently, allowing for a faster, more accurate, and cost-effective origination process.
Application tracking
Use real-time application tracking with detailed drill-down views and SLAs to improve transparency in the originations process. Leverage AI to predict account opening dates, reducing uncertainty and lowering the number of customer enquiries.
Task management
Leverage checklists, clarification mechanisms, and rapid search and execution to streamline task assignment, prioritization, tracking, and escalation as well as approval management for an efficient and smooth origination process.
Configurability
Easily configure origination workflows and processes for diverse account, deposit, and loan products with user-friendly building blocks that allow you to tailor and streamline processes, address changing business needs and regulatory requirements, and cater to customer preferences.
Customer and collateral onboarding
Get support for extensive party/customer management, reducing the time it takes to onboard new or prospective customers while facilitating KYC compliance. Leverage streamlined collateral onboarding that’s tightly integrated with relevant loan origination processes to deliver a seamless experience.
Automated credit decisions
Leverage a rule-based credit decision and pricing engine that automatically provides credit assessment decisions based on configurable scoring models. Apply predefined rules and models to quickly assess applications and provide recommendations. Enhance decision accuracy with external data from credit bureaus.
Risk-based pricing
Use the credit decision and pricing engine to tailor interest rates and service fees based on an applicant's risk profile, their relationship with the bank, and any ongoing promotions.
Customer 360
Use comprehensive, 360-degree customer views to drive personalized engagement, improve decision-making, support more effective cross-selling and upselling, and enhance the overall origination experience for customers.
Enhanced customer insights
Leverage enhanced insights such as household views and combined balances with actionable alerts to understand the overall financial context of a customer and broaden and deepen relationships via tailored offers.
SaaS banking solution
Decrease time to market with rapid provisioning, and lower up-front costs with a pay-as-you-go model.
Public cloud
Host the application on Oracle Cloud or any public cloud.
On-premises
Host the application in your own data center.
Why choose Oracle’s Banking Originations Cloud Service?
01Improve stickiness and reduce abandonment
Re-examine point of sale engagement and focus on the entire originations journey to minimize costly abandonment and improve customer stickiness.
02Tailor engagement and optimize operations
Tailor customer engagement with personalized offers while optimizing operations with straight-through processing and automated decisioning.
03 Improve cross-selling and upselling and increase customer lifetime value
Drive contextual and tailored cross-selling and upselling to increase sales and drive higher customer lifetime value.
Find resources and more
Oracle Named a Leader in 2022 Gartner® Magic Quadrant™ for Global Retail Core Banking
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Financial services documentation
Oracle offers a wide range of documentation and tutorials that will help you learn more about Oracle Banking Platform. You'll find all these resources and more in the Oracle Help Center.
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