Consolidation, international expansion, regulatory pressure, rising customer expectations, and reduced customer loyalty—these are just a few of the challenges banks face today. To survive, they must achieve competitive differentiation by developing innovative offerings and streamlining their business processes based upon insight and measurement. Oracle FLEXCUBE Core Banking for Web services delivers Oracle FLEXCUBE Core Banking functionality using a service-oriented approach that liberates banks from rigid, predefined application architectures and propels them into a process-driven, open environment. Oracle FLEXCUBE Core Banking Functionality Through Web Services Maintaining multiple independent applications that operate on different. | ORACLE DATA SHEET ORACLE FLEXCUBE CORE BANKING FOR WEB SERVICES ORACLE FINANCIAL SERVICES IMPROVE BUSINESS AGILITY AND REDUCE MAINTENANCE COSTS USING WEB SERVICES TO DELIVER THE INDUSTRY S MOST COMPREHENSIVE BANKING FUNCTIONALITY. KEY FEATURES SOA Standards-based infrastructure Predefined Web services for common banking transactions Process-centric framework Deployment flexibility KEY BENEFITS Rapidly configure new processes and services without coding changes. Lower the cost of maintenance and support through standards-based technology. Optimize the value of existing technology investments by using Web services to expose their functionality and data across the enterprise. Use more than 1 000 packaged services to minimize development time and quickly embrace SOA. Consolidation international expansion regulatory pressure rising customer expectations and reduced customer loyalty these are just a few of the challenges banks face today. To survive they must achieve competitive differentiation by developing innovative offerings and streamlining their business processes based upon insight and measurement. Oracle FLEXCUBE Core Banking for Web services delivers Oracle FLEXCUBE Core Banking functionality using a service-oriented approach that liberates banks from rigid predefined application architectures and propels them into a process-driven open environment. Oracle FLEXCUBE Core Banking Functionality Through Web Services Maintaining multiple independent applications that operate on different frameworks and programming languages is expensive and inhibits growth. Despite efforts to integrate these applications product definition bundling relationship management regulatory compliance customer service and timely product development are still overly complex. Instead of continuing to pour money into this application-centric environment financial institutions need to optimize corporate agility by moving toward a process-centric approach driven by service-oriented architecture .
