#Flexcube Testing oracle business intelligence oracle business intelligence applications flexcube core banking oracle flexcube best fina

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WHY DO WE NEED RPA IN BANKING?

The primary aim of RPA in the banking industry is to assist in processing the banking work that is repetitive in nature. Robotic process automation (RPA) helps banks & financial institutions increase their productivity by engaging customers in real-time and leveraging the immense benefits of robots.

                         Robotic Process Automation (RPA) is a form of business process automation that allows anyone to define a set of instructions for a robot or ‘bot’ to perform. In other words, RPA is an application of technology, governed by business logic and structured inputs, aimed at automating business processes. Using RPA tools, an organization can configure software, or a “robot,” to capture and interpret applications for processing a transaction, manipulating data, triggering responses, and communicating with other digital systems and many more.

What is IMPACTO iBorg?

“IBorg” is an “Intelligent RPA tool” from IMPACTO which makes use of Artificial Intelligence and Machine Intelligence to help business operations with getting increasingly nimble and practical through automation and rule-based back dull office processes. It permits clients to use similar automation situations for the lifecycle of the considerable number of applications utilized for their business processes. With IBorg, clients approach a single platform to serve the automation needs of their company, development, and operations teams.

 WHY CHOOSE SIRMA BANKING SERVICES?

 Sirma India spends lot of efforts in Research & Development and has developed effort effective solutions which brings in not only saving cost and time for Flexcube Banks, but also provides effective solutions that improves operational efficiency. At Sirma we believe we are the extended arm of the institution and it our responsibility to take the complexity out of banking technology, so banks can focus on providing what they are for: ''Customer Delightful banking experience”. Sirma offers a range of Consulting, testing, RPA and Managed service offerings which will help banks stay on top of the cutting-edge technologies. Being Oracle go to Gold Partner provides you with the confidence that you are dealing with an authority when it comes to Oracle enterprise solutions and services.

Sirma Business Consultancy has been chosen as The Best Banking Technology Provider as we always try to reach the peak where we make lives simpler by using our technology. Sirma Business Consulting provides the best services around Oracle Flexcube for Core banking implementation, Testing, customizations, managed services and various other Flexcube services for banking & financial services, insurance, Credit unions, Cooperative societies and so on.

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TOP 5 RECOGNIZED ORACLE FLEXCUBE IMPLEMENTATION PARTNERS IN BANGALORE

Who introduced FLEXCUBE?

FLEXCUBE is an automated complete core banking software introduced by Oracle Financial Services Ltd. Oracle FLEXCUBE Core Banking Solution offers a unified central flexible understanding that meets the modern necessities of a Bank. It offers customer-based or customer-driven core banking functionalities and ensures and considers the complete opinion of all customers. It also augments the link between bank employees and consumers.

What is the Flexcube Implementation process?

STEP 1: Installation of Oracle Flexcube Universal Banking Solutions

STEP 2: Parameterization of individual modules with particular requirements

STEP 3: Migration from Legacy System to Oracle Flexcube Universal Banking system

STEP 4: Integration of third-party system

STEP 5: Addition of other capabilities like the transactional system and so on.

Who Are The Top 5 Partners of Oracle Flexcube?

1.   JMR Infotech: JMR Infotech is one of Oracle’s earliest Platinum Partners in the BFSI space, globally. JMR is now recognized as one of the Important Technology Services companies that concentrate on Digital Transformation for Financial Services. Being a platinum partner, it is one of the Oracle Flexcube Implementation Partner located in Bangalore. JMR revolves its services around providing- Financial Services and Solutions, Digital and Enterprise solutions, and JMR Digital Platforms.

2.    FINONYX: Finonyx Software Solutions has its delivery and development hub based out of Bangalore, India, and Subsidiary Office in Dubai, United Arab Emirates. Finonyx is an Oracle Platinum Partner that is focussed on providing services around Oracle financial Services. Focused on IT solutions and application development services for banks and financial institutions across the globe, Finonyx Software Solutions is a trusted Oracle Flexcube Implementation Partner as a Platinum member providing complete consulting, testing, and implementation services for the Oracle FLEXCUBE suite of products.

The services provided by Finonyx are:

Core Banking Transformation

Digital Transformation

Managed Services

Governance Risk & Compliance (GRC) Consulting

Infrastructure Transformation

Custom Development Service

3.  TREMPPLIN INFOTECH: Trempplin is an Oracle Gold Partner focused in Oracle FLEXCUBE Implementation, Upgrades, Support, Training, and IT Staff Augmentation Services specializing in Financial Industry. Being an Oracle Flexcube Implementation Partner in Banking and Financial Domain, it provides the following services:

Testing Services

Consulting Management Services

Training services

Application Development

BAU Support

Staffing Services

  The Solutions provided by Trempplin are:

Oracle FLEXCUBE Solution

OBDX (Oracle Banking Digital Experience)

Oracle Financial Services Analytical Application (OFSAA)

Digital Marketing

E-Learning Portal

Digitalization of sop’s in Banks

Web Technology

4   SIRMA BUSINESS CONSULTING: Sirma Business Consulting (India) Private Limited has been established in 2015 and is based out of Bangalore. Sirma provides Banking and Financial services that bridge the technology gap with its client-specific and process-oriented approach to transform business digitally. Sirma Business Consulting is an Oracle Flexcube Implementation Partner that provides services around Oracle Flexcube for Core banking implementation, Testing, customizations, Managed services, and various other Flexcube services for banking & financial services, and insurance. Sirma offers a range of Consulting, Testing, RPA, and Managed services which will help banks stay updated with modern technologies. Sirma is an Oracle Gold Partner that provides a range of services such as: https://www.sirmaglobal.com/about-us-flexcube-core-banking-solutions.html

Oracle Flexcube services

Managed Services

Business Intelligence & Data warehousing

Penetration Testing and Ethical Hacking

Testing Centre of Excellence

DataBase Tunning

Business Process Reengineering

Business Intelligence & analytics

Application Development & Maintenance

Database Activity Monitoring

Performance Tuning Services

Database Management Services

IT managed services

Sirma with its 100+ man-years of experience in implementing Oracle Financial Software Services’ banking products (Oracle FLEXCUBE UBS & Oracle Flexcube Investor Servicing), brings in industries’ best practices and process-oriented approach which makes the implementation process or Managed services easy. Sirma also has a suite of products “ImpactoXgen”. It includes Team Zoid, Trainz, Ambassador Banking, and iBORG. Sirma has also been awarded by CIO Awards as “10 Most Promising Banking Technology Service Providers 2019”.

5.  Profinch is established in Bangalore to deliver a complete Banking experience to its customers. Profinch believes in providing a complete 360 Transformation of the Bank. The services it provides are:

Core Banking

Oracle Banking Digital Experience (OBDX)

Oracle Financial Services Analytical Applications (OFSAA)

Infrastructure Services

Digital Transformation

Reporting and Big Data Analytics

Managed Services

Profinch is one of the Oracle Flexcube Implementation Partner. It has two main products- Fincluez Data Hub and Finflowz Digitalization Hub.

What Benefits do Oracle Flexcube Partners get?

Fast implementation of innovation‌

Increased transaction security‌‌

Multidimensional agility‌

Enhanced connectivity‌

Reduced risk and improved regulatory compliance.

Reduced operational costs‌ and optimal efficiency‌

Conclusion

FLEXCUBE Core Banking is planned to revolutionize a bank’s core systems professionally and transmute the bank to a digital connected bank of tomorrow. Being an Oracle Flexcube Implementation Partner is highly beneficial. It helps in the growth and development of the companies. There are many such partners and systems that support Flexcube.

Hope this article was helpful. Please let us know in the comment section below!

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Oracle FLEXCUBE: A complete trusted Banking Solution

What is Oracle FLEXCUBE?

Oracle FLEXCUBE helps transform financial institutions by aiding them in digitizing their business and building customer intimacy by providing efficient service and overcoming competition. It drives the customers to experience the next generation of banking with digital capabilities and supports for corporate, investment banking, retail banking, etc. Oracle FLEXCUBE core banking solution offers a seamless centralized and versatile expertise that meets the necessities of a bank. Oracle FLEXCUBE is a complete and comprehensive package of banking applications and cutting edge technologies that meet any businesses IT and business requirements.

Oracle FLEXCUBE features:

The major Oracle FLEXCUBE features follows,

1. Biometric face recognition: The use of face recognition helps the manager to authenticate the user lockers.

2. Data Privacy: Data privacy is important in banking. It concerns the customer sensitive information. It verifies the identities and allows access to an account.

3. Support for multiple deployment: This supports deployment options and strategies according to specific banks where they can jumpstart and accelerate with capabilities of staying active and helps to resolve the complaints in a fast evolving technique.

4. Machine learning: The Safe bank transactions. The system constantly keeps on learning in the context of fraud prevention which proves to be helpful for carrying out processes in a well ordered fashion.

What does Oracle FLEXCUBE Offer??

Oracle FLEXCUBE aids in digital engagement among the banks to transform and improve the product experience and services. Oracle FLEXCUBE helps deepen customer relationships and gives higher gains.

✔   FLEXCUBE offers to enrich the customer guidance and advise the product process with the latest technologies.

✔   Oracle FLEXCUBE offers personalized user experience and on demand.

✔   It adopts a multi-dimensional design process to generate a complete digital transformation for an individual to view anytime and anywhere and empowers customers.

✔   Oracle FLEXCUBE enables banks to process automation with use cases and drives more engagement among customers.

✔    Oracle FLEXCUBE offers Machine learning which moves from any data source to integrate with other applications.

Key benefits of Sirma Business Consulting in Digital Engagement with Oracle FLEXCUBE Banking:

* We believe Sirma accelerates with higher efficiency and levels to grow through the customer network.

* Sirma has a great connection with real time customers and provides banking work with digital players in improving orderly environment and static innovation.

* It enables for open banking and finance and focuses on connection that drives productivity.

* Supports to help in protection of privacy and security with fully digital banking transformation.

* Sirma helps banks transform the new products and service development of high levels to process flow of rapid systems.

Let’s connect @ https://sirmaglobal.com/