Business Need:

• Develop a customized Finance ERP Solution for access on the Web, Mobile, and over 550 worldwide Kiosk locations.
• Both Banking Products and Core Banking such as Loans, Mortgage, Insurance and B2B cycles, to be a part of this Integrated Finance Solution.
• Solution to facilitate end-to-end transactions seamlessly through various modules of the Finance Application and also be integrated with the Non-Finance Application
• Solution to cater to geography-specific rules
• A modular, scalable, and loosely coupled system
• Capability to handle up to 1 million banking transactions a day

Solution:

• Total solution is built around different Core banking and Finance modules using Oracle Fusion Middleware Stack
• Modules include General Ledger, Account Payables, Account Receivables, Securitization, Loans, Banking Operations, Collections, Credit Operations, Insurance, Direct and Indirect Taxation
• All modules interlinked for carrying out end-to-end transactions and also integrated with the Non-Finance Modules.
• Oracle ADF and Oracle BPM and Oracle SOA for developing the application with workflows and integration of the application with other modules of non finance application.
• Involvement of Senior Finance Consultants in to the project for requirement gathering and converting the requirements to the database and application design.

Key Highlights:

• Real time integration between Finance and Non-Finance modules resulting in faster information availability to Customer.
• High degree of failover protection for ensuring continuous availability.
• Capability to handle up to 1 million banking transactions a day.

Key Products:

• Oracle SOA Suite 11.7
• Oracle BPM Suite 11.7
• OBIEE Business Engine 11.7
• Oracle Database 12c
• Oracle ADF 11.7
• Oracle WebCenter as Presentation Layer