How much does Oracle flexcube cost?

In August the bank told (pdf) the sharemarket Oracle Flexcube, was implemented at a cost of $22 million. “Flexcube is a modern, modular core banking system which is highly configurable and introduces automation and workflow capabilities,” it said.

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 Oracle flexcube?

Oracle FLEXCUBE Universal Banking is designed to modernize a bank’s core systems efficiently and transform the bank to a digital, agile, connected and efficient bank of tomorrow.

Is flexcube an ERP?

Overview: Oracle Financial Services Software Ltd. is the banking solutions provider to HDFC bank. The ERP software that was decided to be implemented at HDFC bank is called ‘FlexCube Core Banking’.

How much does an Oracle license cost?

Oracle Database

What banks use Oracle?

Discover how our customers experience Oracle Financial Services

• HDFC Bank.
• Westpac.
• KeyBank.
• MKB Bank.
• HDFC Bank. Westpac. KeyBank. MKB Bank.

What is the latest version of flexcube?

Oracle FLEXCUBE

• 12.1. 0.0.
• 12.0. 3.0.
• 12.0. 2.0. 0 (E49740-01) – View / Download.
• 12.0. 1.0. 0 (E51465-01) – View / Download.
• 12.0. 0.0. 0 (E51527-01) – View / Download.
• 11.3. 0.0. 0 (E51511-01) – View / Download.
• 11.1. 0.0. 0 (E51575-01) – View / Download.
• 11.0. 0.0. 0 (E49740-01) – View / Download.

Where is flexcube used?

The companies using Oracle FLEXCUBE are most often found in United States and in the Banking industry. Oracle FLEXCUBE is most often used by companies with >10000 employees and >1000M dollars in revenue.

Who started flexcube?

FLEXCUBE is an automated universal core banking software developed and introduced by Oracle Financial Services. This solution is designed for financial organizations and banks.

Who uses flexcube?

Companies using Oracle Flexcube for Core Banking Solutions include: Banco do Brasil, a Brazil based Banking and Financial Services organisation with 93190 employees and revenues of $89.14 billions, Citigroup Inc., a United States based Professional Services organisation with 211000 employees and revenues of $73.83 …

How does Oracle Flexcube work for Islamic banking?

Oracle FLEXCUBE for Islamic Banking facilitates and automates Sharia-compliant banking operations with multiple deployment models, including pure-play Islamic, Islamic window, and coexisting Islamic and conventional banking. How can we help?

What is the documentation library for Oracle Flexcube?

This documentation library includes User documents created for Oracle FLEXCUBE Universal Banking Cluster releases, featuring common banking practices followed across a specific region or group of countries.

What is profit and charges in Oracle Flexcube?

Profit and Charges User Guide Explains the usage of Isalmic Profit module of Oracle FLEXCUBE. It explains the process to maintain System Data Elements, User Data Elements, Profit and Charges product and build formula to apply and process profit and charges on all balance type accounts of the bank.

Which is the latest release of Flexcube corporate lending?

Oracle FLEXCUBE Corporate Lending Release 12.4.0.0.0 User Guides Description This page contains the user guides for various modules of Oracle FLEXCUBE Corporate Lending. Oracle FLEXCUBE Corporate Lending Base Loans Syndication User Guide This manual helps you to acquaint with the Loan Syndication modules of Oracle Lending. Download As…