Oracle Financial launches new version of FLEXCUBE

Oracle Financial Services Software, has launched ‘Oracle FLEXCUBE Direct Banking 5.0’, an internet and mobile banking application that addresses the direct banking needs of financial institutions ranging from traditional brick-and-mortar and click-and-mortar institutions to direct business entities of banks.

The new application caters to a wide range of transactions across corporate, retail as well as investment banking such as funds and wealth services. From a single physical installation, Oracle FLEXCUBE Direct Banking 5.0 supports multiple entities that cater to the multi-country, multi-jurisdiction and multi-business needs of financial institutions.

Banks that are looking to deliver channel services efficiently and use a channel platform to help integrate heterogeneous host systems infrastructure can use Oracle FLEXCUBE Direct Banking’s strong integration capabilities that are based on industry standards.