The financial services industry continues to evolve amidst disruption caused by an unprecedented proliferation of digital technologies and connectivity. This disruption coupled with several regulatory directives is also driving the emergence of connected ecosystems. To successfully address disruption, protect their customer relationships and business, effectively comply with regulations, stay competitive and leverage the ecosystem opportunity, banks must double down on transforming their systems so that they can leverage digital technologies and connectivity to deliver better services, experiences and value for their customers. With technology at the core of banking, modernization of core systems is the cornerstone of digital transformation in a bank. Oracle FLEXCUBE Universal Banking can help banks jumpstart digital transformation and leapfrog their capabilities to stay relevant, competitive and compliant in a fast evolving industry. With its modern, digital, shrink-wrapped, pre-configured, interoperable, scalable and connected capabilities, Oracle FLEXCUBE Universal Banking can help catapult banks to the fore front of digital innovation and leadership.
ACCELERATED DIGITAL TRANSFORMATION
Banks can transform the way they understand customers, develop new products and services, focus on new business lines, initiatives and deliver engaging experiences across multiple digital channels.
Oracle FLEXCUBE offers:

• Multi-channel, multi-device and multi-vendor access coupled with best-in-class functionality that helps banks offer innovative services and frictionless experiences.

• Multi-dimensional views of customer data to enable a deeper understanding of customers as individuals and helps banks offer personalized services and experiences that are highly contextual and relevant.

• Mobility, service ubiquity and experience that drives stakeholder convenience.

Key Business Benefits:

• Offers business mobility, service experience, ubiquity and customer centricity

• Drives growth through customer centricity

• Enables an accelerated time-tomarket

• Enables customized transformation using best of breed point or pre-integrated solutions

• Has a connected architecture that enables collaboration

• Enables Open Banking and API monetization

• Offers operational and cost efficiencies from automated decisioning

Temenos T24 Transact takes the deep and extensive banking capabilities of Temenos T24 Core Banking, the world’s #1 core banking product which for 25 years has been supporting over 700 banks across all banking segments, and re-platforms them onto a new, cloud-native and cloud-agnostic platform. The isolation of the banking functionality from the technology platform has been a hallmark of Temenos products and has allowed Temenos for the past 25 years to remain the most technologically advanced and functionally rich product in the world. How Temenos T24 Transact helps Temenos T24 Transact is a cloud-native, cloud-agnostic, API-first core banking solution which offers:

• Rapid and elastic scale benefiting from the highest levels of security and multi-cloud resilience, generating up to 10x in infrastructure savings
• Advanced API-first technology coupled with leading design-led thinking and continuous deployment to empower banks to rapidly innovate, connecting to ecosystems and enabling developers to build in the morning and consume in the afternoon
• Broad and deep functional coverage across Retail Banking, Corporate Banking and Wealth Management sectors
• Zero risk of obsolescence resulting from the industry-leading ongoing investment into the product which is made available to customers through a regular release and upgrade program
• Ability to deploy software on-premise as well as on private and public clouds.