Oracle Financial Services Software announces new Flexcube release
Oracle Financial Services Software, a majority owned subsidiary of Oracle, has announced Oracle Flexcube Direct Banking 5.0, an internet and mobile banking application that addresses the direct banking needs of financial institutions ranging from traditional brick-and-mortar and click-and-mortar institutions to direct business entities of banks.
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Oracle Flexcube Direct Banking caters to a wide range of transactions across corporate, retail as well as investment banking such as funds and wealth services. Banks that are looking to deliver channel services efficiently and use a channel platform to help integrate heterogeneous host systems infrastructure can use Oracle Flexcube Direct Banking’s strong integration capabilities that are based on industry standards.
From a single physical installation, Oracle Flexcube Direct Banking 5.0 supports multiple entities that cater to the multi-country, multi-jurisdiction and multi-business needs of financial institutions.