
Streamlining Middle and Back-Office Operations with Oracle FLEXCUBE: How JMR Infotech Can Help
In the rapidly evolving banking landscape, operational efficiency is a cornerstone for success. Oracle FLEXCUBE, a robust core banking solution, empowers banks to streamline middle and back-office operations across accounts, loans, payments, and treasury management. JMR Infotech, with its proven expertise in implementing FLEXCUBE for leading financial institutions globally, plays a pivotal role in enabling banks to achieve their transformation goals.
Oracle FLEXCUBE is designed to optimize banking operations through its advanced features and modular architecture. Key advantages include:
- Accounts Management: FLEXCUBE simplifies the management of current accounts, savings accounts, fixed deposits, and recurring deposits. Its centralized configuration capabilities allow banks to define workflows and pricing structures tailored to customer needs.
- Loan Processing: The platform supports diverse lending products such as secured and unsecured loans. Automation of interest calculations and charges ensures accuracy while reducing manual intervention.
- Payments: Real-time transaction processing and integration with third-party fintech solutions enhance payment efficiency. The system also supports compliance with international standards like ISO 20022.
- Treasury Management: FLEXCUBE offers tools for managing risks, foreign exchange transactions, money markets, and investments, ensuring seamless treasury operations.
By leveraging these features, banks can reduce costs, improve scalability, and deliver superior customer experiences.
JMR Infotech has established itself as a leader in implementing Oracle FLEXCUBE across diverse geographies. Its expertise includes:
- Successful Case Studies:
- Azizi Bank: JMR Infotech replaced legacy systems with Oracle FLEXCUBE Universal Banking at Azizi Bank, enabling cost-effective operations and new product offerings across conventional and Islamic banking.
- Gulf International Bank (GIB): JMR led the transformation from Midas to FLEXCUBE across multiple entities in Bahrain, Saudi Arabia, UK, and USA. The implementation included data migration, reconciliation, and seamless integration with satellite systems like MUREX and EXIMBILLS.
- Aman Bank: In Libya, JMR migrated over 0.2 million customer records from legacy systems to FLEXCUBE while enhancing customer experience through modules like CASA, lending, fund transfer, and term deposits.
- Tailored Solutions: JMR’s team provides end-to-end support—from parameterization to testing—ensuring that banks can leverage FLEXCUBE’s full potential for operational efficiency.
- Training and Post-Live Support: JMR equips bank teams with hands-on training and ongoing support to maximize the system’s capabilities post-implementation.
Why Choose JMR Infotech?
JMR Infotech combines technical expertise with a deep understanding of banking operations to deliver transformative results. Its ability to address challenges such as data migration, system integration, regulatory compliance, and multi-location implementation makes it a trusted partner for banks seeking operational excellence.
Oracle FLEXCUBE is a game-changer for middle and back-office operations in banking. With JMR Infotech’s proven track record in implementing this powerful solution across global institutions, banks can achieve unparalleled efficiency while adapting to evolving market demands. Partnering with JMR ensures a seamless transition to modernized systems that drive growth and customer satisfaction.
To connect with our team, write to info@jmrinfotech.com