What is Oracle FLEXCUBE universal banking?

What is Oracle FLEXCUBE universal banking?

Oracle FLEXCUBE Universal Banking is a real-time, online, comprehensive banking solution which supports the changing landscape of retail, corporate, and investment banking needs with strong conventional banking and Islamic banking capabilities.

What is the difference between Finacle and FLEXCUBE?

Basically, Finacle is from Infosys whereas Flexcube is from Oracle. Both are banking softwares. Flexcube has got higher market share and is being used by banks worldwide,whereas Finacle is being used mostly in India and Middle east. Market share for finacle in US is very very low.

Which banks use FLEXCUBE software in Nigeria?

The list of Nigerian banks using FLEXCUBE include Access Bank, CitiBank, Diamond Bank, Ecobank, Union Bank and Polaris Bank.


The ERP software that was decided to be implemented at HDFC bank is called ‘FlexCube Core Banking’. The implementation of ERP software was carried out by i – flex Solutions Ltd which was acquired by Oracle Corp.

Which software is used for banking?

Generally, the top 10 banking software tools rely on . NET, Python, Ruby, and Java. Also, there are specific technologies for core banking development: Oracle FLEXCUBE, Finastra, Temenos, etc.

Which banks use Flexcube software in India?

Here is the list of Indian bank that use Flex cube Software Packages.

  • Canara Bank.
  • Karur Vysya Bank.
  • Lakshmi Vilash Bank.
  • Syndicate Bank.
  • Yes Bank.
  • HDFC Bank.

What is Account class in flexcube?

In Oracle FLEXCUBE, you can classify the customer accounts of your bank into different groups. Each group is referred to as an account class and is maintained in the ‘Account Class Maintenance’ screen. For each class, you have to define certain common attributes applicable to all accounts in the particular class.

What is universal banking solution?

It combines our best-of-breed digital banking and front-office capabilities, with an explainable-AI powered, digital, and core banking solution for retail banking, business banking, corporate banking, and wealth management.

What is Oracle Flexcube software?

FLEXCUBE is an automated universal core banking software developed and introduced by Oracle Financial Services. This solution is designed for financial organizations and banks.

Which banks use FLEXCUBE software in India?

What is Oracle FLEXCUBE software?