Introducing Finacle

Objectives
In this session, you will learn to:
Understand various features of Finacle
Understand the operations supported by Finacle
Understand important keys and terms used in Finacle
Familiarise with the user interface of Finacle

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Introducing Finacle
Features of Finacle
A banking solution provided by Infosys.
It runs on:
UNIX operating system
Oracle as the backend RDBMS engine

Is highly flexible and scalable.

Is customer centric and not account centric:
Customer belongs to the bank
Account belongs to the branch

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Introducing Finacle
Features of Finacle (Contd.)
Provides multi-lingual support and multi-level security
Provides various tools and utilities such as:
Content sensitive help
Information on inventory status
Memo pad
Letter generator
Audit trial

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Introducing Finacle
Operations in Finacle
Customer Master Maintenance (CUMM)
Opening of Accounts (OAAC)
Account Maintenance (ACM)
Closure of Accounts (CAAC)
Transactions:
Cash
Clearing
Transfer

Remittances

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Introducing Finacle
Operations in Finacle (Contd.)
Inventory Management
Stop Payment (SPP)
Reports
Systemic Processes:
Day End
Day Begin
Next day Day Begin

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Introducing Finacle
Common Terms and Keys Used in Finacle
Work Flow: Sequence of functions to be followed
Scheme Types: Hard Coded. 14 in numbers
Scheme Code:
Defined under a Scheme Type
Created for each Bank product
Linked to a Sub GL

Customer Accounts:
Opened for a customer under a Scheme Code

Office Accounts:
General accounts other than customer accounts

A transaction updates the account and the respective Sub

GL

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Introducing Finacle
Common Terms and Keys Used in Finacle (Contd.)
Work Class:
3 digit number representing different levels in a bank
Used for Menu access control

Role Profile:
Passing powers and authorisation powers

Part Tran: Part of a transaction

Interest Calculation:
Accrual: Mere calculation
Booking: Accounted for at the Bank Level
Collection: Effects the customer accounts

Placeholder: A label used to identify Office accounts

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Introducing Finacle
Common Terms and Keys Used in Finacle (Contd.)
Branch Advice Request (BAR):Raised by a branch on
another branch for reversal of the debit entries made.
Temp table: A table where the data is stored temporarily.
Zone: Defined for both Inward and Outward Clearing.

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Introducing Finacle
Common Terms and Keys Used in Finacle (Contd.)
Exceptions:
Warning:
Is merely a message
Allows the user to proceed

Exception:
Is a deviation from the normal banking rules
Can be overridden by appropriate authority
Should be authorised by the appropriate work class

Error:
Is a deviation from normal banking rules
Cannot be overridden by any user

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Introducing Finacle
Common Terms and Keys Used in Finacle (Contd.)
F1: Help
F2: List of items for selection
F3: Back
F4: Accept
F5: Background menu
F6: Go to next page
F10: Save

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Introducing Finacle
Common Terms and Keys Used in Finacle (Contd.)
F12: Go to previous page
SHIFT + F4: Populates the marked value from a list to the
Field
CTRL + X: Populates default values in a field
CTRL + E: Explode

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Introducing Finacle
User Interface of Finacle

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Introducing Finacle
User Interface of Finacle (Contd.)

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Introducing Finacle
User Interface of Finacle (Contd.)

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Introducing Finacle
Summary
In this session, you learnt that:
Finacle, a banking solution by Infosys, is highly flexible and
scalable.
It runs on UNIX operating system and uses Oracle as the
backend RDBMS engine.
Finacle supports multiple languages.
It provides multiple levels of security.
In Finacle, each customer gets a unique customer ID which is
unique for the bank and not for the branch

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Introducing Finacle
Summary (Contd.)
In Finacle, the pre-requisite for opening an account is to have
a customer ID.
Finacle supports various banking operations, such as
deposits, transactions, remittances, clearing and generating
reports.
There are various terms used in Finacle, such as UPM, SOL,
Work Flow, OSP, BAR and zone.
There are specific keys that are used in Finacle for various
functions, such as F1 is used for Help, F2 is used for retrieving
the list of items for selection and F10 is used for saving.

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