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Oracle Banking Platform

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About Oracle Banking Platform

Oracle Banking Platform is a core banking platform from Oracle designed to help global retail banks change and overhaul their legacy banking systems. It provides Accessibility Policy, QUICK LINKS, and Oracle Cloud Infrastructure so banks can progressively change their banking architecture based on business priorities. The platform supports Oracle Fusion Cloud Applications and Oracle Database for a reliable and scalable banking environment. With this system, banks can adapt to evolving market demands while ensuring regulatory compliance and efficiency. Key capabilities: core banking change cloud integration data management regulatory compliance customer use Best for: retail banks that need to modernize their legacy systems and improve service delivery.

Oracle Banking Platform Details

Vendor
Oracle
Year Launched
1977
Location
2300 Oracle Way, Austin, Texas 78741, US
Deployment
cloud
Training Options
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese, Russian, Chinese, Japanese
Users
Retail banks, Corporate banks, Small and medium enterprises (SMEs), Financial institutions, Credit institutions, Payment service providers, Digital banks, Loan providers, Wealth management firms, Insurance providers
Industries Served
Financial services, Banking, FinTech, Payments, Wealth management, Corporate banking, Retail banking, Insurance, Lending, Credit management
Tags
Banking Systems, Financial Services, Loan Origination, Loan Servicing

Oracle Banking Platform's In-App Market Place

Does Oracle Banking Platform have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (Fr), CNY (¥), SEK (kr), NZD (NZ$), INR (₹), SGD (S$), HKD (HK$), NOK (kr), KRW (₩), TRY (₺), RUB (₽), ZAR (R), BRL (R$), MXN (Mex$), PLN (zł), DKK (kr), MYR (RM), IDR (Rp), TWD (NT$), THB (฿), PHP (₱), CZK (Kč), HUF (Ft), ILS (₪), AED (د.إ), CLP (CLP$), ARS (AR$), COP (COL$), SAR (﷼), KWD (ك), QAR (ر.ق), SGD (S$)

Pros & Cons

  • Scalability: Handles increasing workloads and user base.
  • Security: Robust security measures to protect sensitive data.
  • Compliance: Adherence to industry regulations.
  • Customization: Adaptable to specific business needs.
  • Reduced Costs: Streamlines processes and reduces operational costs.
  • Improved Efficiency: Automates tasks and improves productivity.
  • Enhanced Customer Experience: Provides a better customer experience through digital channels.
  • Complexity: Complex implementation and maintenance.
  • Vendor Lock-in: Reliance on Oracle for support and upgrades.
  • Security Risks: Potential security vulnerabilities and data breaches.
  • Integration Challenges: Integration with legacy systems can be complex.
  • Customization Limitations: Limited customization options in some cases.

Oracle Banking Platform's Support Options

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