2011+ 2011+ ,ina$le 'as set to enter the nited .tates mar&et via a deal 'ith nion Ban& /"A" o! ali!ornia+ re(orted at a vale o! . 20 million" Bilt
on indstry-standard (lat!orms 233 and "/3+ ,ina$le is (lat!orm inde(endent+ highly se$re+ and s((orts mlti(le athenti$ation methods" ,ina$le
(rovides %an&s + a (roven (lat!orm !or trans!ormation at minimal ris&+ 'ithin e!!e$tive timelines that 'or& !or"
Objectives 5 o $om(ete 'ith other %an&s 5 o arrest the threat !rom high net 'orth $stomers 5 o attra$t ne' generation te$hno savvy $stomers 5 o im(rove (ayment and settlement system 5 o monitor in a %etter 'ay and im(roving #*. and re(orting system" 5 o (rovide %etter $stomer servi$e
Features of Finacle 5 6!!ers greater !le7i%ility
5 *t is a $stomer $entri$ so!t'are" 5 .((orts #lti(le angage 5 Provides #lti(le evel .e$rity i"e" *n o(erating system level+ ata%ase level and a((li$ation level; 5 3m%edded 'ith tools and tilities to ma&e smoother day-to- day transa$tions
Advantages for Banks 5 ni!orm (lat!orm 5 Pa(erless %an&ing 5 37tended %an&ing hors !or $stomer 5 ess ro'ding at %ran$h $onters 5 Better monitoring and $ontrol 5 (dating o! %oo&s < easy Re(orting system 5 Bsiness develo(ment=ne' (rod$ts
Advantages For Customers 5 o'er in$iden$e o! errors and >i$& (dation 5 ,aster (ayment system throgh rtgs =ne!t 5 ?i$& reali@ation o! $he>es = nder $olle$tion 5 Ban&ing at home e-%an&ing;and mo%ile 5 A# servi$e 5 ost e!!e$tive and time saving
Finacle Customers The use of Finacle is spread across 81 countries globally, including: A3BA/
Datton
A/C
Ban&
***
Ara%
/ational Ban&
Ban&
ho!ar
B.
Ban&
3mirates ,irst
Ban&
Ban& o! /igeria
/ational Ban&
Ban&
/ational Astralia Gro( 3ro(e Post
Ban& ganda td
Rai!!eissen .o$iEtE
%an&
GEnErale and Cri$h ,inan$ial .ervi$es"
Indian Banks using Finacle Dere is the list o! some (rominent *ndian Ban&s se ,ina$le to (rovide retail %an&ing soltion to their $stomers"
,ina$le 113; 'hi$h *n!osys lan$hed re$ently has o(ened !loodgate o! o((ortnities in develo(ed mar&ets li&e /orth Ameri$a 'here it has not %een as s$$ess!l as it has %een in other regions" he
soltion em(o'ers yo to streamline (ro$esses+ red$e te$hnology management $osts and o(timi@e o(erations to rn yor %siness in the most $ost-e!!e$tive manner" ,ina$le
113Ks o!!ers and $atalog soltion+ a !irst o! its &ind in the %an&ing indstry+ em(o'ers %an&s to engage and delight $stomers a$ross $hannels 'ith retail indstry li&e ri$h ser e7(erien$e"
Use of Functions e!s in Finacle"#
Accounts in Finacle here are 2 ty(es o! a$$onts in ,ina$le 1" .6#3R A6/ 2" 6,,*3 A6/. 3a$h a$$ont has to %e o(ened nder a .$heme y(e and a .$heme ode " here are 9 s$heme ty(es !or o(ening $stomer a$$onts s$heme ty(es !or o!!i$e a$$onts
Interface in Finacle ,ina$le (rovides three ty(es o! ser inter!a$e
1" hara$ter #ode L /o gra(hi$s 2" Me% #ode L D# Based+ Gra(hi$al+ ava A((lets+ 37tensive se o! #en 6(tions and ,n$tion &eys F" 6/. L 6nline .ervi$es; L Gra(hi$al *nter!a$e+ se o! #ose e7tensively and less o! sage o! ,n$tion &eys"
Technology-led transformation 3sta%lished
in 1994+ *** Ban& is today the se$ond largest %an& in *ndia and among the to( 10 in the 'orld" *t
$rrently has assets o! over . I9 %illion
a
mar&et $a(itali@ation o! . 9 %illion
servi$es
over 14 million $stomers throgh a net'or& o! a%ot 90
%ran$hes FF00
A#Ns and a F200 seat $all $enter as o! 200I;"
,ina$le $ore %an&ing soltion is a $om(rehensive+ integrated yet modlar %siness soltion that e!!e$tively addresses the strategi$ and day-to-day $hallenges !a$ed %y %an&s" *t is highly (arameteri@a%le (roviding that m$h-needed !le7i%ility to innovate and ada(t to a dynami$ environment"
he
net'or& !ollo's a h% and s(o&e ar$hite$treOa mi7 o! V.As Very small a(ertre terminal; + leased lines+ *./ and radio lin&s" *t has arond 800 leased lines+ a%ot H00 V.As+ a((ro7imately 800 *./ lines and mlti(le F4 #%(s lines /*
is the (re!erred 6. !or most o! the hard'are 'hile most o! the data%ases se 6ra$le 'ith a !e' on .y%ase and #. .?
***
Ban& has gro'n immensely over a (eriod o! time 'ith it throgh %siness (ro$ess re-engineering to a $om(any o! net 'orth Rs F+000 $rore"
the
%an& has %een a%le to s$$ess!lly move over I0 (er$ent o! rotine %an&ing transa$tions !rom the %ran$h to the other delivery $hannels+ ths in$reasing overall e!!i$ien$y Channels
Share of Transactions March $%%%
Share of Transactions March $%%&
'ranches
94 %
25 %
"TM(s
3 %
43 %
Internet ) Mobile
2 %
21 %
Call Centers
1 %
11 %
***
Ban& is today re$ogni@ed as a $lear leader in the region and has 'on nmeros a$$olades 'orld'ide !or its te$hnology-driven initiatives" he
%an& has e!!e$tively sed te$hnology as a strategi$ di!!erentiator+ ths not only rede!ining the rles o! %an&ing in *ndia+ %t also sho'$asing ho' te$hnology $an hel( in trans!orming a %an&Ks %siness"
Oriental Bank Of Commerce
P%li$
se$tor %an&ing giant+ 6riental Ban& o! ommer$e+ 6B; has o(ted !or a mega atomation drive that 'ill involve the de(loyment o! a $ore %an&ing soltion B.;+ %ran$h net'or&ing and an A# e7(ansion s(ree+ amongst a host o! other initiatives" 6B
is *ndiaKs eighth largest %an&+ 'ith (ro!its o! Rs H8H"0I $orer in the last !is$al+ and has ro(ed in Mi(ro e$hnologies !or the im(lementation o! ,ina$le+ as 'ell as !or the ne$essary hard'are s((ort"
*n
2002+ the %an& had $om(teri@ed 8H o! its total %siness and II o! the total nm%er o! %ran$hes"
he
B. im(lementation !or 21 %ran$hes has already %een $om(leted+ and more than F0 %ran$hes have %een net'or&ed so !ar"
6B
has an asset si@e o! Rs FF988 $rore+ and a$$onts !or 2"2 (er $ent o! de(osits and 2"4 (er $ent o! loans in the %an&ing se$tor"
