FLEXCUBE JMR Infotech – JMR Infotech

What are the key benefits of using Oracle FLEXCUBE for treasury management?

What are the key benefits of using Oracle FLEXCUBE for treasury management? Implementing Oracle Banking Treasury Management (OBTR) offers several advantages for banks seeking to optimize their treasury operations: Enhanced Visibility: OBTR facilitates the easy capture and retrieval of deal details, providing real-time monitoring of treasury operations. This improved visibility aids in better decision-making and risk management. Streamlined Processes: The solution automates deal processing, settlement, and messaging, reducing manual tasks and operational costs. This leads to faster processing and tracking of instrument life cycles. Increased Control: OBTR allows banks to define products and configure workflows with relevant controls, enhancing oversight and ensuring compliance with internal policies and external regulations. Regulatory Compliance: The system offers out-of-the-box compliance with regulations such as the Securities Financing Transaction Regulation (SFTR) and the European Market Infrastructure Regulation (EMIR), simplifying adherence to evolving regulatory requirements. Flexibility in Interest Rate Regimes: OBTR supports various Risk-Free Rates, aiding banks in transitioning from benchmarks like LIBOR. It also accommodates negative interest rates and parameter-based rate fixing at the contract level, providing adaptability in diverse financial environments. Quick Information Retrieval: The system supports standard and customizable reports, along with powerful query facilities, enabling quick and easy access to accurate information. This is crucial for timely decision-making and efficient operations. By leveraging these features, banks can achieve greater efficiency, compliance, and profitability in their treasury operations. SWIFT-Compliant Message Generation: OBTR natively supports the generation of SWIFT-compliant messages (like MT103, MT202, MT300, etc.) based on transaction type, ensuring standardized communication with external counterparties, custodians, and payment systems. Automatic Message Triggers: Messages are auto-triggered at key transaction events (e.g., deal confirmation, settlement, maturity), reducing manual intervention and ensuring timely communication. Integration with SWIFT Network: OBTR integrates seamlessly with a SWIFT interface (typically through a middleware like Oracle's Financial Services Gateway or any third-party gateway), allowing real-time dispatch of messages directly to the SWIFT network. P.S. Have questions about how this works in your market? We've got answers. Drop us a line at info@jmrinfotech.com

Streamlining Middle and Back-Office Operations with Oracle FLEXCUBE: How JMR Infotech Can Help

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 [...]