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financial institution of the Lao PDR, the central bank of the Lao people's Democratic Republic (PDR) has selected Oracle FLEXCUBE customary Banking as its administrative core banking device.
as the considerable bank of the country, pecuniary institution of the Lao PDR, serves as the premier bank to formulate economic policy, boos monetary associations, accounting, operations currency issuance and interior audits.
A majority of captious banks within the vicinity, reminiscent of countrywide pecuniary institution of Cambodia and status pecuniary institution of Vietnam, occupy chosen Oracle because the expertise associate, showcasing Oracle's means to fullfil the absorbing and stressful requirements of the pecuniary regulator of the nation.
Oracle FLEXCUBE common Banking will exist deployed because the transaction processing platform, automating the banking operations and assisting institute strange optimum practices and modernization of the country pecuniary gadget.
As a partake of an integrated answer, Oracle FLEXCUBE frequent Banking will centralize consumer tips, exploit debts, mortgage processing and credit score handle, give depository services for securities and bonds and automate strange trade and funds markets buying and selling.
The alternative and implementation of the executive core banking equipment for bank of the Lao PDR became led by using CSCC (critical service computing device and communication Co., Ltd.) of CS group in Laos. CSCC is the leading concede company focusing on IT solution implementation and start within the banking and finance industries in Laos. Consultancy friends restrained (CAL) will aid with the implementation. CAL is a Hong Kong-primarily based consultancy company which makes a speciality of considerable banking, payments and IT methods.
"financial institution of the Lao PDR crucial to implement an efficient and relaxed fiscal features infrastructure for sustained economic multiply and a suitable monetary gadget. With Oracle FLEXCUBE customary Banking and Oracle's global journey in expertise-led transformation, they assume the Lao's banking equipment to deliver the superior capabilities and products to meet the emerging wants of the pecuniary system. we're joyful with their alternative and because it will aid leverage foremost practices for their country," mentioned Mr. Or Vilaphan, director ordinary of administration, pecuniary institution of the Lao PDR and chairman for the construction of IT for the bank of the Lao PDR.
"bank of the Lao joins an elite checklist of central banks plenary over the world that occupy deployed Oracle FLEXCUBE universal Banking to aid the pecuniary functions sector in the respective international locations. they are assured they can deliver a extremely effective, restful processing ambiance for pecuniary institution of the Lao to computer screen, boos and steer the banks in the country," famous A. Srinivasan, chief executive officer, Oracle pecuniary functions application Pte Ltd and vice president, earnings, Asia Pacific.
"the brand current Adminstrative Core Banking challenge for bank of the Lao will earmark a brand current era for the complete banking trade of Laos. They trust with the event and dedication that Oracle has in core banking coupled with CSCC's lengthy historical past in IT modernization within the Laos fiscal industry will pace a a hit implementation," referred to Samsivath Keobounphanh, managing director, significant provider computing device & communique Co., Ltd. (CSCC) of CS group.
"Oracle FLEXCUBE universal Banking will supply an built-in gadget which can meet plenary of the diverse, yet certain, equipment necessities of the operation contraptions in the central bank. The Oracle monetary services software team is very expert and equipped. they are impressed with the aid of their journey and commitment which assures they are able to carry the executive core banking device on time and with elevated first-class," quoted from Anthony Lee, essential advisor, Consultancy buddies confined.
About Oracle pecuniary services software constrained Oracle fiscal services software constrained (called "Oracle pecuniary functions application") (Reuters: ORCL.BO & ORCL.NS) is a majority owned subsidiary of Oracle. For greater assistance, seek recommendation from www.oracle.com/financialservices.About Oracle Oracle is the area's most complete, open, and integrated industry application and hardware techniques business. For greater guidance about Oracle, gladden consult with their internet web site at http://www.oracle.com.logos Oracle and Java are registered trademarks of Oracle and/or its affiliates. FLEXCUBE, morning time, Mantas and Reveleus are emblems of Oracle fiscal capabilities utility and are registered in several nations. different names may well exist trademarks of their respective house owners.
Ethiopian pecuniary institution Adopts Oracle Core Banking With Oracle's SPARC Servers and Oracle's StorageTek Tape and SAN Storage to assist go-Channel 'any status Any department' approach
WASHINGTON, DC--(Marketwired - Mar 25, 2015) - ORACLE trade connect -- currently centered Debub global bank (DGB) has whirl into the newest bank in Africa to choose Oracle (NYSE: ORCL) solutions to underpin their expansion plans. The pecuniary institution may exist deploying Oracle FLEXCUBE generic Banking, Oracle's SPARC T5-2 server, and Oracle's StorageTek storage options to obtain its vision of fitting most excellent-in-category inside Africa's banking industry. The hardware and application solution offers the foundation on which DGB can roll out its "any place, Any department" cross-channel approach.
"With one of the quickest becoming economies in Africa and the entry of ambitious avid gamers such as Debub world pecuniary institution into the finance sector, Ethiopia has the abilities to develop into based as a number one monetary heart within the region," observed Sonny Singh, senior vp and established manager, Oracle monetary services. "via operating Oracle FLEXCUBE on Oracle servers with Oracle StorageTek tape and SAN storage, DGB has a powerful, scalable groundwork to assist its expansion plans and execute its 'anywhere, Any department' approach across channels."
With Oracle FLEXCUBE, DGB will profit from consolidated client and product particulars across plenary banking departments. The combination of Oracle FLEXCUBE utility with Oracle hardware will assist the pecuniary institution tender protection to its information, in the reduction of its operational expenses and enrich time to market in addition to convey a better customer adventure with anyplace, every time banking. moreover, Oracle Solaris is exemplar for the banking business, with security facets designed to quite simply meet and doc compliance with industry necessities obligations. Oracle FLEXCUBE supports payments, retail, petite and medium-measurement enterprise loans, trade finance, and treasury choices.
As a partake of the rollout, Oracle Consulting features and BFSI Consulting, a Gold stage member of the Oracle PartnerNetwork, will aid DGB with its implementation.
"we occupy a scalable and legit groundwork to realize their vision of becoming a highest quality-in-class bank in Africa," stated Aman Semir, IT director and CBS venture supervisor, Debub global pecuniary institution S.C. "Debub international bank has transformed its legacy platform to better the client adventure with quicker time to market of new, tailor-made product choices and pressure exponential customer boom. Oracle's products will continue to serve because the backbone of their pecuniary institution's IT infrastructure and equipment options."
more information To study extra about Oracle monetary capabilities or Oracle FLEXCUBE, comply with @OracleFS, exist partake of the Oracle monetary functions facebook neighborhood, or read the Oracle pecuniary functions blog. To exist trained more about Oracle Hardware connect the Oracle Hardware fb neighborhood or read the Oracle Hardware weblog.
About Oracle Oracle engineers hardware and application to work collectively within the cloud and on your statistics center. For extra suggestions about Oracle (NYSE: ORCL), dispute with oracle.com.
emblems Oracle and Java are registered logos of Oracle and/or its associates. different names can exist emblems of their respective homeowners.
Oracle economic functions application has introduced a current release of its Oracle Flexcube generic Banking product.
based on Oracle, Flexcube valued clientele can installation their operations in keeping with the wants of the company with the assist of two,000 plus internet features, 800 plus file-primarily based feeds and greater than 900 summon outs for extensibility. Oracle is besides launching the ‘Oracle Flexcube Integration Lab’ to give consumers with cozy access to an illustration of Oracle Flexcube with a purpose to salvage a suppose of how integrates with the software the expend of latest net capabilities.
The industry additionally brought up that unencumber 11 offers comprehensive assist for the lending, leasing and loan lifecycle across origination, servicing and collections. It is said to serve banks enhance their reach and generate price-based profits through better middleman and broker-aided distribution of items to target segments.
edition 11 additionally talked about to permits banks to reduce operational risks and dwindle expenses. client carrier is besides being touted to exist improved in the course of the centralised, multi-product origination functionality. This provides a uniform customer event, standardise strategies throughout the enterprise, and create facilities of excellence. The current edition is besides observed to better operational and analytical perception for bankers via industry intelligence aid and integration with Oracle Reveleus and Oracle Mantas’ comprehend Your consumer, Anti funds Laundering and Fraud.
the brand current liberate of Oracle Flexcube besides comprises built-in potential for facts archiving and purging, reducing the pervade of facts administration and making it easier for banks to scale as their industry grows. Integration with Oracle industry supervisor will let purchasers exploit the Oracle Database, Oracle Fusion Middleware accessories, as neatly as the Oracle Flexcube software from a separate console.
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Test Name: Oracle FLEXCUBE Universal Banking 12 Technical Implementation Essentials
Official Site: http://testsexpert.co.uk
For More Details: http://testsexpert.co.uk/1Z0-413.html
Which three technologies or protocols are used in a web service? (Choose three.)
E. ISO 8583
Answer: A, B, D
Which two basic deployment patterns are supported in Oracle FLEXCUBE Gateway? (Choose two.)
Answer: A, D
Which set of techniques is used for data upload into Oracle FLEXCUBE during migration? (Choose the best answer.)
Option 1: Manual input of data into Oracle FLEXCUBE from the legacy system
Option 2: Import using SQL Loader
Option 3: expend of surpass macros
Option 4: Running of insert scripts directly in the database
A. 1 and 2
What are the three message exchange patterns supported by Oracle FLEXCUbb Gateway?
A. IOIO: Input Only Request and Input Only Response
B. FSFS: plenary Screen Request and plenary Screen Response
C. IOPK: Input Only Request and Primary Key Response
D. IOFS: Input Only Request and plenary Screen Response
E PKPK: Primary Key Request and Primary Key Response
Answer: B, C, D
What is the table structure of migration templates based on? (Choose the best answer.)
A. Oracle FLEXCUBE upload tables
B. Oracle FLEXCUBE main tables
C. legacy system tables
D. global temporary tables
What is transparent User Profile used for? (Choose the best answer.)
A. to transparent abruptly disconnected users
B. to enable users whose status is set to Disabled
C. to reopen user IDs that occupy been closed
D. to delete the User Profile of a user
E. to reset the Time even of a user to allow login during Transaction Input
The Audit Trail of Oracle FLEXCUBE stores information about the actions performed on plenary records, including creation, modification, closure, and reopening. At what even can an administrator enable or disable the Audit Trail functionality? (Choose the best answer.)
A. it cannot exist disabled
B. It can exist enabled or disabled from the SMS Bank Parameters screen
C. It can exist enabled or disabled from the function Description screen.
D. It can exist enabled or disabled at the user-level setup.
E. It can exist enabled or disabled from the Bank Parameter Maintenance screen
A current user interface province has been introduced on the Clearing Networks Screen (ISDNTMNT) for a custom release. Which two files deployed on the application server will reflect this change? (Choose two.)
Answer: A, C
In which table are screen details in the Workbench instrument such as module, logging required, tanking modification, and so on stored? (Choose the best answer.)
The system derives the details of each XML request by referring to GWTM_FCJ_FUNCTIONS. Based on which set of parameters is any subsequent processing of the request performed’? (Choose the best answer.)
A. function ID + Operation
B. Service designation + Operation
C. Service designation + Action
D. function ID + Action
Total Questions: 83
Test Number: 1Z0–413
Vendor Name: Oracle
Cert Name : OPN Certified Specialist
Test Name: Oracle FLEXCUBE Universal Banking 12 Technical Implementation Essentials
Official Site: http://testsexpert.co.uk
For More Details: http://testsexpert.co.uk/1Z0-413.html
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Nedbank Limited, one of the four largest banking groups in South Africa, with more than US$ $70bn in assets and offering services such as wholesale and retail banking, insurance, and asset management, has selected Oracle FLEXCUBE to modernize its infrastructure and better operating efficiency and customer service delivery.
To serve consolidate industry operations and enhance the customer experience, Nedbank Limited will deploy Oracle FLEXCUBE to establish a separate operating platform for its multi-country operations across five South African countries -- Lesotho, Malawi, Swaziland, Namibia and Zimbabwe.
As a member of Africa's largest banking network, the Ecobank Nedbank alliance, Nedbank Limited sought to better align its infrastructure with the alliances' 1,500 branches across 35 countries which already expend the Oracle FLEXCUBE -- thus establishing a common industry platform to better serve customers across Africa
"We will exist consolidating their operations across the region by leveraging the capabilities of Oracle FLEXCUBE and sustain the team has in delivering the projects in Africa. When they are complete with the migration from their existing application to FLEXCUBE they will occupy a common operating platform in the 35 countries of EcoBank Nedbank alliance, the largest banking network in Africa," said Fred Swanepoel, Chief Information Officer, Nedbank Limited.
"Nedbank is taking an considerable step forward in streamlining its industry operations to better service delivery and enhance the customer sustain across its network. Oracle FLEXCUBE enables NedBank to achieve its goals for consolidation to the bank and besides enables NedBank to design products, test the identical before launching them across the countries from its facility in South Africa," said Chet Kamat, CEO and MD, Oracle pecuniary Services
About Oracle Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.
About Oracle in IndustriesOracle industry solutions leverage the company's best-in-class portfolio of products to address involved industry processes pertinent to pecuniary services, helping speed time to market, reduce costs, and gain a competitive edge.
TrademarksOracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may exist trademarks of their respective owners.
The term "digital transformation" (DX) is being used by everyone for just about any company initiative that involves technology, the web, ecommerce, software, or even customer experience. While the term has certainly turned into a buzzword with a lot of hype, the transition to a more connected, digital world is real and comes with real challenges. In his opening keynote, Four Essentials To Become DX Hero Status Now, Jonathan Hoppe, Co-Founder and CTO of Total Uptime Technologies, shared that ...
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