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    Cbs 121031002121 Phpapp01

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    Alexander Weaver
    This document provides an introduction to the Finacle core banking solution. It discusses what core banking is, the objectives of implementing Finacle, advantages for customers and banks, user access details like user IDs and work classes, transaction details like account types and scheme codes, and basic functions for navigating the Finacle system. The key points are that Finacle allows banks to provide improved customer service through online banking and a centralized system, while also helping banks monitor operations and reduce errors and fraud.

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    Cbs 121031002121 Phpapp01

    Uploaded by

    Alexander Weaver
    79 views17 pages
    This document provides an introduction to the Finacle core banking solution. It discusses what core banking is, the objectives of implementing Finacle, advantages for customers and banks, user access details like user IDs and work classes, transaction details like account types and scheme codes, and basic functions for navigating the Finacle system. The key points are that Finacle allows banks to provide improved customer service through online banking and a centralized system, while also helping banks monitor operations and reduce errors and fraud.

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    This document provides an introduction to the Finacle core banking solution. It discusses what core banking is, the objectives of implementing Finacle, advantages for customers and banks, user access details like user IDs and work classes, transaction details like account types and scheme codes, and basic functions for navigating the Finacle system. The key points are that Finacle allows banks to provide improved customer service through online banking and a centralized system, while also helping banks monitor operations and reduce errors and fraud.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    79 views17 pages

    Cbs 121031002121 Phpapp01

    Uploaded by

    Alexander Weaver
    This document provides an introduction to the Finacle core banking solution. It discusses what core banking is, the objectives of implementing Finacle, advantages for customers and banks, user access details like user IDs and work classes, transaction details like account types and scheme codes, and basic functions for navigating the Finacle system. The key points are that Finacle allows banks to provide improved customer service through online banking and a centralized system, while also helping banks monitor operations and reduce errors and fraud.

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    I NTRODUCTI ON TO FI NACLE

    By - D. Majumder (UCO-Bank)

    CORE BANKING SOLUTION
    CBS stands for Core Banking Solution or Centralized banking
    solution.
    CORE stands for "centralized online real-time exchange".
    Which means online service provided through a centralized
    server.
    This basically means that all the bank's branches access
    applications from centralized server installed at data centre.
    The software accepted by different banks including our bank
    is Finacle which has been developed by Infosys.
    Finacle is designed with service-oriented-
    architecture(SOA)
    It is a multi channel, multi currency & multi country enabled
    technology.
    OBJECTIVES
    To compete with other banks
    To arrest the threat from high net worth
    customers
    To attract new generation techno savvy
    customers
    To improve payment and settlement system
    To monitor in a better way and improving
    MIS and reporting system
    To provide better customer service




    ADVANTAGES FOR CUSTOMER
    Branch customer to bank customer
    Lower incidence of errors and quick updation
    Faster payment system through rtgs/neft
    Quick realization of cheques/DD under
    collection
    Banking at home (e-banking)and mobile
    ATM service
    Cost effective and time saving
    ADVANTAGES FOR BANKS
    Uniform platform
    Paperless banking
    Checked revenue leakage(updation of int.
    rate)
    Extended banking hours for customer
    Less Crowding at branch counters
    Better monitoring and control
    Updation of books & easy Reporting system
    Checked fraud and forgery and AML
    Business development/new products






    User ID First Initials of Name' then 0 then
    PF No. i.e., dm045347

    User group:-
    General Users: who perform the regular
    banking functions and front office functions at
    Branches.

    System Operators / Database
    Administrators: Those employees executing
    system related functions at DIT.

    Inspections & Audit: This user group
    performs routine inspection and carries out the
    audit in the bank.

    Accessibility of User:

    Captive User: These users can access the
    data belonging to his / her service outlet
    alone but can inquire on the accounts
    belonging to other SOL.

    Free User: These users can access the data
    belonging to all service outlets. Accessing all
    menu options also depends on whether the
    menu is free or not. Normally, in each branch
    two senior most officers are given Free
    User.



    WORK CLASS
    Each user have been assigned with a Work class.
    The work class is associated with the menu options available in the
    application.
    Different persons of the same category can be assigned with
    responsibilities with reference to the application by assigning different
    work class.
    Example:
    Clerical........................50
    CTO.A..........................60
    CTO-B70
    Head cashierI...80
    Head Cashier..II..........90
    Special Assistant.......100
    Officer Scale-I.150
    Officer Scale-II200
    Officer Scale-III...300
    ABH.850
    BH900
    DBA.950

    Logging into Finacle
    Main Menu
    Sub Menu
    Menu Option
    User Defined Favorites
    Message area
    Progress indicator
    Action Bar
    Key Function Key Function
    F1 Help Down Arrow Next record
    F2 List Up Arrow Previous Record
    F3 Quit / Exit CTRL+D Page Down on a List
    F4 Accept CTRL+U Page Up on a List
    F5 Background Menu CTRL+E Explode
    F6 Next Block (Next Page) CTRL+F Clear field
    F8 Copy record CTRL+X Insert BOD Date
    F9 View Signatures CTRL+F9 Memopad lookup
    F10 Commit SHIFT+F4 Select an item from the List
    F11 Validates SHIFT+F11 Transmit
    F12 Previous Block / Page SHIFT+TAB Go to Previous Field
    TAB / Enter Next Field SHIFT+F3 Go to Finacle main menu
    TRANSACTION
    There are 2 types of accounts in finacle
    CUSTOMER ACCOUNT
    OFFICE ACCOUNTS
    Each account has to be opened under a
    Scheme Type and a Scheme Code
    There are 9 scheme types for opening
    customer accounts
    5 scheme types for office accounts

    SCHEME TYPES
    CUSTOMER ACCOUNTS
    SBA-(01) Savings Deposits
    CAA-(02) Current Deposits
    TDA-(03) Term Deposits
    ODA-(04) Over draft
    CCA-(05) Cash Credit
    LAA-(06) Term Loan
    PCA-(07) Packing Credit
    BIA-(08) Inland Bills
    FBA-(09) Foreign Bills

    SCHEME TYPES
    OFFICE ACCOUNTS
    OAB-Office Account Basic
    OAP-Office Account Pointing/partioned
    DDA-Demand Draft
    HOC-Head Office
    OSP-Office System Pointing
    ACCOUNTS
    Both Customer and Office
    of Accounts are
    of 14 digits.



    Customer account-





    Solid(4) Scheme
    type(2)
    Random
    number(8)
    ACCOUNTS
    Office Accounts
    The function of place holder is to identify a
    particular account in a particular currency

    Sol id (4) Currency(2) Place Holder(8)
    (Gl subhead+act.no)





    THANK YOU

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