Which banks use Oracle FLEXCUBE?
Which banks use Oracle FLEXCUBE?
Oracle, whose Flexcube banking solution powers operations of HDFC Bank and Yes Bank, has been selected by two small finance banks and one payments bank. The small finance banks are the ones promoted by Janalakshmi Financial Services and Equitas, while the payments bank is backed by NSDL.
What is FLEXCUBE in banking?
Oracle FLEXCUBE Universal Banking is a real-time, online, comprehensive banking solution which supports the changing landscape of retail, corporate, and investment banking needs with strong conventional banking and Islamic banking capabilities.
What is the difference between Finacle and FLEXCUBE?
Comparison of Finacle vs Oracle Flexcube In terms of Features. Finacle includes features like Core Banking Solution, Digital Engagement Suite, Corporate Banking and Cash Management. Oracle Flexcube is known for functionalities like Online Booking, User Friendly, Customer Management and Risk Management.
Is flexcube an ERP?
The ERP software that was decided to be implemented at HDFC bank is called ‘FlexCube Core Banking’. The implementation of ERP software was carried out by i – flex Solutions Ltd which was acquired by Oracle Corp.
Which banks in India use flexcube software?
Here is the list of Indian bank that use Flex cube Software Packages.
- Canara Bank.
- Karur Vysya Bank.
- Lakshmi Vilash Bank.
- Syndicate Bank.
- Yes Bank.
- HDFC Bank.
Who is the owner of flexcube?
Unsourced material may be challenged and removed. Oracle Financial Services Software Limited (OFSS) is a subsidiary of Oracle Corporation. It is a retail banking, corporate banking, and insurance technology solutions provider for the banking industry….Oracle Financial Services Software.
| Type | Public |
|---|---|
| Parent | Oracle Corporation |
| Website | oracle.com |
Who created flexcube?
Oracle Financial Services
FLEXCUBE is an automated universal core banking software developed and introduced by Oracle Financial Services. This solution is designed for financial organizations and banks.
Which is best finacle or BaNCS?
Finacle is ideal for industries like Banking. For Banking, TCS BaNCS is a better choice. If you are confused between Finacle or TCS BaNCS, you can also check if the software has customizable modules for your industry. Industry-specific functionalities will ensure higher efficiency and ROI.
What is flexcube testing?
Oracle FLEXCUBE Testing Workbench helps you create a replica of the production database on a separate environment. You can perform the following actions from OFTW: Subset Creation – Create miniature test environment. Recording – Record user activity. Replay – Replay the recorded user activity in target test environment.
What are the capabilities of flexcube?
The Major Features Of Flexcube Are As Follows: Machine Learning. Privacy of data and compliance regulatory. face recognition Biometric. Multi-language, multi-currency, multi-entity operations.
Which software is used in SBI?
The State Bank of India (SBI) selected TCS BaNCS to customize the software, implement the new core system and provide ongoing operational support for its centralized information technology. There are many software available in the market – Finacle, Cube etc.