May, 2021

Oracle FLEXCUBE Universal Banking

Summary of Changes from v12.1 to v14.5 (Version)
 Oracle FLEXCUBE Universal Banking Summary of Changes from v12.1 to v14.5 (Version)
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Contents

1. Oracle FLEXCUBE Universal Banking 12.1 .....................................................................................8

1.1 Core Module Enhancements......................................................................................................... 8
1.2 Customer Landing Page Enhancements........................................................................................ 9
1.3 Standing Instructions .................................................................................................................... 9
1.4 MIS .............................................................................................................................................. 10
1.5 Interest & Charges ...................................................................................................................... 10
1.6 Messaging System ....................................................................................................................... 10
1.7 Signature Verification ................................................................................................................. 10
1.8 Term Deposit............................................................................................................................... 10
1.9 Current and Savings Account ...................................................................................................... 11
1.10 Branch Module............................................................................................................................ 11
1.11 Funds Transfer ............................................................................................................................ 12
1.12 SWIFT 2015 SRG changes ............................................................................................................ 12
1.13 Payments and Collections ........................................................................................................... 13
1.14 Clearing Enhancements .............................................................................................................. 13
1.15 Data Entry ................................................................................................................................... 13
1.16 Foreign Exchange ........................................................................................................................ 13
1.17 Money Market ............................................................................................................................ 13
1.18 Corporate Deposit ....................................................................................................................... 13
1.19 Loans ........................................................................................................................................... 14
1.20 Trade Enhancements .................................................................................................................. 14
1.21 PDC Enhancements ..................................................................................................................... 14
1.22 Retail Bills .................................................................................................................................... 14
1.23 ELCM Enhancements .................................................................................................................. 15
1.24 INFRA Enhancement ................................................................................................................... 15
1.25 Retrofit ELCM enhancements done in the Standalone ELCM 12.1 Release ............................... 15
1.26 Enhancements in Process Flows ................................................................................................. 16
2. Oracle FLEXCUBE Universal Banking 12.2 ................................................................................... 16

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2.1 Multi Entity Support.................................................................................................................... 16

2.2 ReST Services............................................................................................................................... 16
2.3 Core and CASA ............................................................................................................................ 17
2.4 Sweep Functionality for Islamic Accounts .................................................................................. 17
2.5 Interest and Charges ................................................................................................................... 17
2.6 Islamic Asset Management ......................................................................................................... 17
2.7 Islamic Finance Module Enhancements...................................................................................... 17
2.8 Trade Enhancements .................................................................................................................. 18
2.9 Foreign Exchange ........................................................................................................................ 18
2.10 FLEXCUBE Information Server ..................................................................................................... 19
2.11 INFRA Enhancements .................................................................................................................. 19
2.12 Origination .................................................................................................................................. 19
3. Oracle FLEXCUBE Universal Banking 12.3 ................................................................................... 20
3.1 Standalone Architecture Changes............................................................................................... 20
3.2 Core Module Enhancements....................................................................................................... 20
3.3 Term Deposit Module Enhancements ........................................................................................ 20
3.4 Islamic Banking............................................................................................................................ 20
3.5 INFRA UI Enhancements and HTML5/CSS3 qualification............................................................ 22
3.6 Interface Module Enhancements ............................................................................................... 22
3.7 PC – CL Integration for collections .............................................................................................. 22
3.8 Consumer Lending Module Enhancements ................................................................................ 22
3.9 IC Module Changes ..................................................................................................................... 23
3.10 SWIFT 2016 SRG Changes ........................................................................................................... 23
3.11 SEPA SDD CORE 9.2 and SDD B2B 7.2 Changes........................................................................... 23
3.12 Fast Accounting Changes ............................................................................................................ 23
4. Oracle FLEXCUBE Universal Banking 12.4 ................................................................................... 24
4.1 ISO 20022 Account Statement CAMT 053 .................................................................................. 24
4.2 Multi-Currency Account .............................................................................................................. 24
4.3 Account Switch (CASS) enhancements– Phase 2 ........................................................................ 24
4.4 UK Localization changes .............................................................................................................. 24
4.5 Trade module enhancements ..................................................................................................... 25
4.6 Trade Interface enhancements ................................................................................................... 25

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4.7 Origination Module Enhancements ............................................................................................ 25

4.8 Islamic Financing Enhancements ................................................................................................ 26
4.9 Islamic Liability Module Enhancement ....................................................................................... 26
4.10 SAML 2.0 Enhancements for SSO................................................................................................ 26
4.11 SWIFT SRG 2017 changes ............................................................................................................ 26
4.12 SEPA (2017) Rulebook 1.0 changes ............................................................................................. 27
4.13 External accounting interface ..................................................................................................... 27
4.14 IC Intraday Performance Changes .............................................................................................. 27
4.15 FCUBS Integration with Corporate Lending ................................................................................ 27
4.16 FCUBS Integration with Oracle FLEXCUBE Payments system ..................................................... 27
4.17 Oracle FLEXCUBE Block Chain Adapter ....................................................................................... 27
5. Oracle FLEXCUBE Universal Banking 14...................................................................................... 28
5.1 MT798 (SWIFT for Corporates) Support for Trade Finance ........................................................ 28
5.2 Letter of Credit - Transfer ........................................................................................................... 28
5.3 SWIFT 2018 Documentary Credit Message Changes .................................................................. 28
5.4 OECD-CRS Support ...................................................................................................................... 29
5.5 Approval by E-mail Feature for Retail Teller Transactions ......................................................... 29
5.6 Support for Financial Inclusion Accounts .................................................................................... 29
5.7 Account Forecast (For Nostro Accounts) .................................................................................... 30
5.8 External Accounting Interface Enhancements ............................................................................ 30
5.9 Oracle12cR2 Database Qualification Related Changes............................................................... 30
5.10 Local Limit Support ..................................................................................................................... 30
5.11 Integration with External Limits and Collateral Management System ....................................... 31
5.12 Deprecated Functionality............................................................................................................ 31
6. Oracle FLEXCUBE Universal Banking 14.1 ................................................................................... 32
6.1 Product Enrichments for French Africa Region........................................................................... 33
6.2 Trade Enhancements .................................................................................................................. 33
6.3 SEPA 2018 Changes ..................................................................................................................... 34
6.4 SWIFT 2018 – Non Trade Messages ............................................................................................ 34
6.5 Sanction Check Enhancements ................................................................................................... 35
6.6 Enriching Origination Functionality ............................................................................................ 35
6.7 Integration with External Payment Product Processor for Payment Generation ...................... 35

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6.8 Exchange Rate Handling in Term deposits .................................................................................. 36

6.9 Enabling Top up and Redemption of TD from Different Branches ............................................. 36
6.10 Statement of Fees and Interest for Payment Account Directive(PAD) ....................................... 36
6.11 SWIFT 2019 Changes for Guarantees and Standby Letters of Credit ......................................... 37
6.12 Masking ....................................................................................................................................... 37
6.13 Granular Access........................................................................................................................... 37
6.14 Right to Be Forgotten .................................................................................................................. 37
6.15 Deferred Issues – New/Modified Features ................................................................................. 38
6.16 Deferred Issues – Extensible Conversion .................................................................................... 38
7. Oracle FLEXCUBE Universal Banking 14.2 ................................................................................... 39
7.1 Corporate DDA Enhancements ................................................................................................... 40
7.2 Trade Enhancements .................................................................................................................. 40
7.3 Trade - SWIFT 2018 Changes ...................................................................................................... 42
7.4 SWIFT 2019 - 769 Change ........................................................................................................... 43
7.5 Financial Inclusion - Enabling Loans for FI Clients....................................................................... 43
7.6 OBCL Integration for sharing Corporate Deposit Product Details .............................................. 43
7.7 SWIFT 2018 – BIC PLUS UPLOAD Changes .................................................................................. 43
7.8 Incremental changes to external payment integration (FCUBS-OBPM Integration Phase-2) .... 44
7.9 Support for Multi-tenant using Oracle 18c Application container feature ................................ 44
7.10 Technical Changes ....................................................................................................................... 44
8. Oracle FLEXCUBE Universal Banking 14.3 ................................................................................... 45
8.1 Machine Learning Retail (new Feature) ...................................................................................... 46
8.2 Corporate DDA Enhancements ................................................................................................... 46
8.3 Trade Enhancements .................................................................................................................. 47
8.4 Customer, Customer Account and Branch Enhancements ......................................................... 49
8.5 Retail ReST/Fine Grained APIs .................................................................................................... 50
8.6 Other Enhancements .................................................................................................................. 50
8.7 Treasury - SWIFT 2019 Changes .................................................................................................. 51
8.8 CCB - Enhancements ................................................................................................................... 52
8.9 CD-OBCL Integration Enhancement ............................................................................................ 53
8.10 OFCUB-OBPM Integration Enhancement ................................................................................... 53
9. Oracle FLEXCUBE Universal Banking 14.4 ................................................................................... 54

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9.1 Refreshed User Experience using Micro Frontends Architecture (new Feature) ....................... 54
9.2 Interest and Charges in micro services architecture .................................................................. 55
9.3 Accounting Posting services in REST using Java .......................................................................... 55
9.4 Integration with Oracle Digital Assistant (ODA) to support chatbot .......................................... 55
9.5 Machine Learning Retail ............................................................................................................. 56
9.6 Other Enhancements .................................................................................................................. 56
9.7 ITALY Cluster Enhancements (available only in Cluster layer) .................................................... 57
9.8 DEPRICATED FUNTIONALITY ...................................................................................................... 58
10. Oracle FLEXCUBE Universal Banking 14.5 ................................................................................... 59
10.1 ChatBot for End of Day status check and error resolution ....................................................... 59
10.2 ChatBot for generic Error Resolution......................................................................................... 59
10.3 Term Deposit and CASA Processing Batches in Java micro services......................................... 59
10.4 External credit approval handling through Java Rest API ......................................................... 61
10.5 Services to support Oracle Banking Digital Experience queries ............................................... 61
10.6 Dual Currency Deposit without Options contract ..................................................................... 61
10.7 CAMT053 Straight through processing ...................................................................................... 61
10.8 CAMT 053 statement generation with additional tags ............................................................. 61
10.9 Support for Risk Free Rates (RFR) in Corporate Deposit Module ............................................. 62
10.10 Future Value Dated Rate handling for Corporate Deposit.................................................... 62
10.11 Inactive Customer Status ....................................................................................................... 62
10.12 Enhancement in External Credit Approval (ECA) and External Accounting (EA).................. 62
10.13 Card Management Changes for BIN ...................................................................................... 62
10.14 Incremental translation support for current FLEXCUBE release........................................... 63
10.15 Relationship pricing support for external components ........................................................ 63
10.16 Integration with Oracle Banking Payments for clearing transactions .................................. 63
10.17 Integration with Oracle Banking Payments for Demand Draft/Bankers Cheque issuance . 63
10.18 Integration with Oracle Banking Enterprise Default Management for Loan collection ...... 63
10.19 Corporate Customer 360 degree integration with Treasury, Trade and Corporate Lending
Product Processor .................................................................................................................................. 64
10.20 Corporate Deposit Integration with Trade Finance Product Processor ............................... 64
10.21 Replication of External entities from FCUBS to OBMA Common Core................................. 64
10.22 LATAM Cluster Feature Enhancements ................................................................................. 64

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10.23 DEPRICATED FUNTIONALITY .................................................................................................. 66

10.24 TERMINAL RELEASE ................................................................................................................ 66

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1. Oracle FLEXCUBE Universal Banking 12.1

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 12.1

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

1.1 Core Module Enhancements

 Customer Name: Mandatory field “Short Name” has been made as optional field by introducing a configurable
override message.

 Multi-Factor Authentication (MFA):The MFA token or PIN is generated just before the authentication is required and
expires in a few minutes

 Multi Country Changes: Every branch is assigned to a country. Validation is brought in to restrict transactions
between branches belonging to different countries.

 FATCA Phase3 regulatory requirements

 New screen to view the FATCA audit log

 Users can choose the payment product to transfer referred tax amounts
 Required associated documents automatically linked to the classification record
 Customer classification recorded as part of FATCA audit log record
 IGA domicile status & income codes captured

 Customer Limit: Ad-hoc period supported and to restrict transactions based on the previous number of
working/calendar days from the current system date.

 'Tax Identification Number’ is made available at customer creation main screen

 IBAN Changes : BBAN format mask maintenance along with auto generation of BBAN/IBAN

 Core Memo Instructions

 Module wise instruction maintenance

 F6 key, to display instruction for a customer, function ID and module.
 Overrides functionality is enhanced for specific CL screens

 Force Debit against Uncollected Funds: Any debit transactions initiated from Branch over the counter or through
Inward Clearing will utilize the uncollected funds when the transaction amount exceeds the account balance by doing
the force debit against the uncollected funds

 Product Transaction Limits Maintenance to support role based authorizations

 Option to configure sequential or non-sequential authorization workflow

 Option to configure alternate authorization workflow for contingencies
 Support to authorize multi-branch transactions
 Final authorization will be supported from the contract screen

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1.2 Customer Landing Page Enhancements

Existing feature of customer landing page has been enhanced as follows

 Customer Query Interaction

 Search based on Customer Number, Customer full Name, Mobile Number and Identifier Value.
 Click sorting mechanism for Customer full name and Customer Number
 Support for launching Customer Master, 360 degree view and Instruction Maintenance screen
 Provide Quick links to open new account for various products
 List of products available for the customer id displayed in tabbed format

 CASA

 View list of CASA accounts for the customer

 View customer memo/alerts and conversations
 View Account details information of a particular account
 Quick Links section for Balance enquiry, Cash Deposit, Funds Transfer Request, Account Master, Cash
Withdrawal, Cards and Cheque Books

 Term Deposit

 View list of TD accounts for the customer

 View customer memo/alerts and conversations
 View account details information of a particular account
 Quick Links section for Deposit Master, Balance Query, Deposit Redemption and Deposit Audit Trail

 Recurring Deposit

 View list of RD accounts for the customer

 View customer memo/alerts and conversations
 View Account details information of a particular account
 Quick Links Section for Deposit Master, Deposit Schedule Enquiry and Deposit RD Payment

 Loans

 View list of loan accounts for the customer

 View Account details information of a particular account
 Quick Links Section to launch Contract Master screen

 Foreign Exchange

 View list of Contracts for the customer

1.3 Standing Instructions

 Intra-day Sweeps

 Specific sweep instructions can be executed during the day.

 Intra-day standing instructions can be reversed.

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 Range Balancing Sweeps

 Sweep funds based on maximum and minimum balance limits

1.4 MIS

 An allowed list of MIS codes can be created for a product and MIS class combination

1.5 Interest & Charges

 Minimum & Maximum Variance for a product and currency combination.

 Minimum & Maximum rate Control at IC product level

 New SDE IC Average Balance provided

 Split Interest Adjustments during back value dated interest recalculation

 Accrue on Holiday can activated for specific/required branches.

 Interest Rate Change Validations

 Interest rate change in TD & CL contracts to support additional validations

 Dual authorization required for these validations

1.6 Messaging System

 User is prompted to confirm if the first print of the advice is successful

 ‘Reprint’ is printed if duplicate prints are fired for the same advice

1.7 Signature Verification

 Amount Slab based instructions maintenance for signature verification

 View all the signatures linked to account in one single page, using hot key F12

 Customer and account level signatures verification from external systems

1.8 Term Deposit

 Pre-closure penalty factor based on the TD completed period percentage and can be applied based on

 Account Opening date

 Latest effective date

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 Rollover with additional amount. Additional amount and source can be provided during TD booking, maintenance or
manual rollover

 Minimum Opening Balance and Minimum Balance can be maintained for different combinations for the following
facilities of the CASA account.

 Passbook
 ATM
 Direct Banking
 Cheque Book

1.9 Current and Savings Account

 Alternate Branch Code

 Alternate Branch Code up to five characters.

 The account mask maintenance to accept alternate branch code
 The account number generation logic to generate unique serial numbers based on the Alternate Branch
Code

 Debit/Credit with Additional Override

 New account statuses introduced – Debit Override & Credit Override

 Transactions to the accounts will raise additional overrides
 Transaction code level configuration to scope the override for online , batch or both types of transactions

 A hot key is provided to display the joint holder names and mode of operation

 Introduced Maximum limit that can be swept from the cover accounts. This limit can be configured per
transaction/per day

 Passbook Enhancements

 Provision to compress multiple transactions and print a single line on CASA passbook

a. Provision to maintain limit for unprinted transactions at account class level. If count of unprinted
transaction is more than the limit, system to compress transactions.
b. Printing passbook using self-service channels such as Kiosk machine

 Provision to re-print the passbook in case of customer request based on last number of printed transactions
and/or on the particular date
 Separate account can be assigned as ‘Charge account" to collect the passbook issue charges for a
customer
 Passbook balance can be enquired
 Provision to generate ad-hoc report to show date wise details of passbook issued to various accounts
 Ability to generate report to show the details of inventory for which Inventory balance adjustment is done.
Inventory balance adjustment reason can be selected

1.10 Branch Module

 Multi-level workflow for branch transactions based on transaction amount slabs

 Disbursement of cash advances maintained in external system e.g. credit card system

 Cash transfer between tellers within a branch

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 Negotiated cost rate functionality is extended to the following retail FX transactions

 FX purchase against account

 FX Purchase walk in
 FX Sale against account
 FX Sale Walk in
 Account to Account Transfer

 Request a ‘Cash Pickup’ or ‘Cash Delivery’

 Configurable message introduced during Till batch closure (TVCL) for checking zero balance. Till/Vault closure must
be authorized

 Display of all the Tills which are breaching the branch limits

 Denomination tracking for the vault

 Support for 'Lost" status for Bankers Cheque.

 Collect charges for Bankers cheque issuance either by cash or by account.

 Multi issuance of Bankers Cheque against Customer account, Customer cheque or against GL with the possibility of
the beneficiaries belonging to different banks.

 Support for bulk upload facility is available for issuance of bankers cheque against customer account using an
Interface upload.

 Walk-In Customer or an Account holder of the Bank can do international funds transfer by remitting cash in foreign
currency

 Single Stage Conversion

 All branch screens have been converted to follow the single stage flow with a single screen and for
subsystems, buttons instead of tabs.
 On rejection by remote authorization, the maker is allowed to make corrections and continue.
 After authorization the maker will not be able to amend fields

 In the de-centralized branch setup, branch will use the branch database for pickup and LOV instead of the existing
function of calling the host.

 Utility bill payment by In-house / Clearing Cheque

1.11 Funds Transfer

 STP preferences at the messaging queue level

 Cover Match of MT 103 with MT 940 / 950

1.12 SWIFT 2015 SRG changes

 Payments: Categories 1, 2, 9 and Common Group Changes

 Treasury Markets - Foreign Exchange, Money Markets & Derivatives: Category 3

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1.13 Payments and Collections

 Restricting Reject Codes for a particular Network

 Auto Rejects Processing with Network specific reject codes

 Queue action audit details

 SEPA 2015 changes to comply with SEPA SCT version 8.0, SDD Core version 8.0 & SDD B2B version 6.0

1.14 Clearing Enhancements

 Auto Rejects Handling / Returns Handling

 In-house Cheque Deposit

 Funds Availability Simulation

 Consolidation Batch

1.15 Data Entry

Unbalanced Batch Query to query only the balanced and unbalanced batches in Journal batch browser

1.16 Foreign Exchange

 FX Confirmation Changes

 Net deals based on deal type, for both auto/manual netting

1.17 Money Market

 MM Confirmation Changes

 MM Settlement Risk Changes - During batch, funds in the settlement account will be verified before liquidating a
placement

 Support for Negative Interest Rate

1.18 Corporate Deposit

Negative interest rate (fixed rate/floating rate) support is provided

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1.19 Loans

 Summary Screen Changes

 Discounted Loans

 Schedules Based on Capitalized Moratorium Interest

 Excess/Lower Payment Adjustments

 Exponential Interest & Rate conversion

 Support for Financial Operations Tax (IOF)

 252 Days Basis

 Consolidated Rollover Changes

 Holiday Preferences for Rate Revision

 Multiple Settlement Instructions

 Disbursement of Loan using Cashier’s Cheque

 Rollover Limit Expiry Check

 Inter Branch Repayment

 Withholding Tax for Loans

 Automatic recovery of AR

1.20 Trade Enhancements

 Reversal of LC availment when BC is reversed

 Handling of Non Revolving Limit Line in LCs when Shipping Guarantee is linked

1.21 PDC Enhancements

 Loan creation when a financed instrument is returned

 Inter Branch cheques

1.22 Retail Bills

 Multiple Nostro accounts in same currency for handling FCY Cheques under Cash Letter or Collection

 Realization of Outward instruments on Collection paid by Manager’s cheque

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1.23 ELCM Enhancements

Enhanced to view the actual limit amount that is available for utilization for the line after considering the available
amount of complete hierarchy of the line

1.24 INFRA Enhancement

 Avoiding header section from scrolling in screen with tabs

 Enhancement to freeze specified columns in result section of summary screen

 Usability changes to avoid header scrolling in grids

 Usability change to set the Screen height and width

 Maximizing of LOV window

 Consolidated view of signatures

 Multi-Factor Authentication

 Export all in summary screens

1.25 Retrofit ELCM enhancements done in the Standalone ELCM 12.1 Release

 Centralized Alert Framework

 Collateral Creation Process Flows

 Limit Review Process

 Customer economic dependency Analysis

 Pipeline Analysis

 Dashboard Enhancements

 Facility Sanction letter Generation

 Integrated Credit Desktop

 Exposure Analysis

 ELCM Reports

 Customer Linkage to Facility and Collateral Control

 OBIEE Integration

 Exposure and Headroom Analysis

 Usability changes for Insurance Details maintenance

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 Automated Limit Review

 Enhancement to Collateral Maintenance

1.26 Enhancements in Process Flows

 Retail Loan Creation Process Flow

 Enhancements in Custom Task assignment component

 Option for Specifying TAT (Turnaround Time)

2. Oracle FLEXCUBE Universal Banking 12.2

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 12.2

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

New Functionality

2.1 Multi Entity Support

 System enhanced to support multiple entities with the same application (i.e. multiple banks or bank like entities that
would have the capability to share a single FLEXCUBE application) with the following features

 Each entity will have its own data store schemas.

 All entity users should be able to login using single URL.
 All entities should be in same code-base.
 Single Gateway hosted for all the entities.
 Single Switch Gateway hosted for all the entities.

2.2 ReST Services

Oracle FLEXCUBE Universal Banking adopted the industry standard of providing light-weight services through
Representational State Transfer (popularly known as ReST) services.

These lightweight services support the current trend of mobile/tablet based applications. These services will help to
improve the response time for tablet/mobile applications, as these applications are very chatty, involves numerous
hits to the server and the expected response time is minimal for each of the requests.

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Enhancements to the Existing Modules

2.3 Core and CASA

 Capture of Channel Information at customer and customer account level

 Define CIF and CASA number generation range for special customer segments

 Release /Delete of track receivable record

2.4 Sweep Functionality for Islamic Accounts

 Sweep flags at account class and account level

 Cover account functionality for Islamic accounts

2.5 Interest and Charges

 Back Valued Transaction Restriction

 Interactions Module Enhancement

 Actionable Alerts

2.6 Islamic Asset Management

 PDM Adjustments

System enhanced to display account class/currency/tenor/slab/liquidation frequency wise profit allocation in the profit
distribution screen

2.7 Islamic Finance Module Enhancements

 Settlement using Guarantor/ other customer accounts

 Usability of Islamic Financing Operation Screens

 Schedule re-computation of the Istisna accounts using IRR

 Lien on Salary Account

 Manual Provisioning

 Asset Rescheduling

 Construction End Date Amendment

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 Deferment of schedules

 Grace Period Changes

 Hamish Jiddayah Cash Payment

 Ijara Asset Transfer

 Mudarabah Part Settlement

 Changes in Islamic Account amendment

 Murabaha Payments By Cash

 Murabaha rebate on part pre closure of asset

 Rental Advice Compensation Calculation

 Takaful Rate Change

 Validation of settlement account on Payment

 Vendor payments by Instrument

2.8 Trade Enhancements

 Lodge Multiple Bills under LC

 BC Negotiation under LC Not Advised by us

 BC Presenting Bank

 Customer Reference Number Capture in LC

 Handling of LC Amendments

 Trade 360 view

 Trade Charge Processing

 Trade Common Group Message

 Trade Document Registration

 Trade Swift FFT Validations

 Trade Murabaha Transactions

 Capture/View of instruction/remarks for trade

2.9 Foreign Exchange

 Multiple Settlement Instructions for counterparty for same branch, currency, and module and product combination

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2.10 FLEXCUBE Information Server

 Online/immediate display of data

 Islamic Dashboard introduced to show Islamic Finance details

2.11 INFRA Enhancements

 Capture client IP address when the request is coming from the source which is using load balancer/proxy
server/cluster environment.

 The accessibility with hotkeys has been made available in the landing page.

 Qualification of Windows Edge Browser

 Qualification on Java 8

2.12 Origination

 Corporate Islamic process

Origination module supports the below corporate process flows for following Islamic product types

 Ijaraha
 Istisna
 Musharaka
 Mudrabah
 Tawarooq
 Murabaha

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3. Oracle FLEXCUBE Universal Banking 12.3

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 12.3

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

3.1 Standalone Architecture Changes

As part of this change, common entities and services of Oracle FLEXCUBE Universal Banking have been segregated into a
common/standalone core. This includes following areas:

 SMS
 Core entities(Bank, Branch, Country, Currency, Holiday Calendar, Periodic Rates)
 Core infrastructure
 EOD infrastructure
 Integration Gateway
 Generic interface
 Electronic Messaging system

This is to avoid redundancy and also to have standardization of common core across FLEXCUBE product processors. This
would also enable other Oracle FLEXCUBE product processors e.g. Payments, Corporate Lending to be co-deployed with
Oracle FLEXCUBE Universal Banking. All these product processors including Oracle FLEXCUBE Universal Banking have
been enhanced to work with Common Core

3.2 Core Module Enhancements

System is enhanced to support account switching operations and messages. A set of new screens are provided for
capturing and managing the request and response workflow defined by the account switching service definition for
UK. Message browser would be provided to view the outgoing and incoming messages .
.

3.3 Term Deposit Module Enhancements

 System enhanced to support negative interest for Term Deposits.

 System allows waiving of penalty during partial redemption.

 System allow multiple formulas support, If there is more than one formula of same type then amount calculation will
happen separately

3.4 Islamic Banking

 Rental advice compensation adjustment to next schedule: System enhanced to collect the compensation amount
calculated post advice generation date, from the customer as part of next due date, only after advising the same to
the customer during the next rental period.

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 Life Takaful support: System enhanced to define and calculate Life Takaful for Islamic finance products. Life Takaful
will be supported for both construction period and post construction period for construction finance products.

 Murabaha Balloon Payment: System enhanced to offer balloon repayment feature to the customers availing
Murabaha financing. Balloon repayment can be availed with and without rollover options.

 Asset rescheduling changes: System enhanced to display installment details in rescheduling input screen. Bank will
be able to reschedule construction period profit only for an account, in addition to the existing rescheduling features.

 Guarantor Salary Account enhancements: Facility provided to have limit days for considering guarantor and other
CASA accounts for settlement at finance account level in case of default. This will enable banks with flexibility and
control at individual finance contract level. System enhanced to allow linkage of salary accounts of different currency
to finance account.

 View XIRR for Murabaha and Istisna: System enhanced to allow the user to view the XIRR used for schedule re-
distribution along with the actual XIRR.

 Un-earned profit booking (UIDB) event provided to book the total profit upfront for other profit components along with
main profit component. Whenever there is a change in profit, UIDB event will be triggered to post the difference in
the amount.

 System enhanced to reduce manual intervention by automatically rebuilding the schedules on construction end date
amendment for Istisna product.

 System enhanced to configure variable rental recalculation based on outstanding principal for Musharaka and
Musharaka under construction products, in case of repayment default. System enhanced to calculate incentive in
case the overdue is paid and the same will be paid as part of next liquidation date of variable rent component.

 System enhanced to support nominal disbursement for forward Ijarah product category and also enabled for upfront
profit booking based on the nominal disbursement amount.

 System enhanced to specify the window of repayment for Istisna accounts in Istisna contract creation screen.
System calculates the construction period schedule based on end of construction date and window of repayment. All
other schedules will be derived based on the construction period due date.

 New profit calculation methods for Murabaha and Istisna have been introduced.

 Flat profit method: Profit is calculated at a flat percentage rate and then equally divided across the repayment tenure.

 Simple average method: Profit is calculated at simple rate with reducing principal and then averaged across the
repayment tenure.

 System enhanced to support handover period for Forward Ijarah, Musharaka under construction and Istisna product
categories. Also provided support to automatically re-build schedules on handover date amendment.

 Vendor payment screen modified to provide payable bank and payable branch details from Bankers Cheque or
Demand Draft issuer banks details screen.

 Islamic banking business processes i.e. contracts, lifecycle events and related accounting entries have been
assessed to be in compliance with the standards published by Accounting and Auditing Organization for Islamic
Financial Institutions.

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3.5 INFRA UI Enhancements and HTML5/CSS3 qualification

The following features have been added in Oracle FLEXCUBE Universal Banking UI to qualify and enrich with features of
HTML5/CSS3.

 Redesigned login page with choice of theme and font size.

 Landing page redesigned with a slider menu, logical grouping of links, placeholder to enhance user input.
 Screen launch with slide down transition effect and slider menu overlay.
 Form elements redesigned with animated look and background color to distinguish mandatory and normal elements.
 Place holder text showing date format in date fields, for better user experience
 Proportionally scaled images/signature to fit into the specified width and height of the area

Message window displayed with Fadden Transition effect and a responsive layout

3.6 Interface Module Enhancements

 SCV Handoff– UK Regulatory Support: System enhanced to provide Single Customer View (SCV) file that contains
the data of customer/depositor and the related accounts/deposits for the FSCS in order to speed up the
Compensation payout process in case bank fails. Generation of following files supported in CSV format.

 SCV depositor and account information

 SCV details of Account
 Exclusion depositor and account information
 Exclusion details of account
 Ineligible depositor and account Information
 Ineligible details of account

 System enhanced to develop an interface between Oracle FLEXCUBE Universal banking System and Oracle
Financial Services Analytical application for sending the transaction data & maintenance data. Following features
provided to address the same.

 Data handoff from different tables of Oracle FLEXCUBE Universal Banking to Oracle Financial
Services Analytical application
 Providing full or incremental data based on staging tables
 Handling of failure data during extraction
 Batch configuration for data extraction

3.7 PC – CL Integration for collections

 Consumer lending module enhanced to generate IBAN for loan account based on account level parameters.
 Payments and collections module enhanced to capture loan account number. The incoming payment and outgoing
collection transaction processing enhanced to process loan based on the loan account number.
 The CL account input and manual disbursement screen enhanced to capture the payment details

3.8 Consumer Lending Module Enhancements

 System enabled to support the Consumer Loans module with negative interest rate. Based on this feature, accruals
would be allowed on expense and payable for the negative amounts. The negative amount would either be paid to
the customer or settled against the overdue schedules of the loan.

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 System enhanced to regenerate billing notice, if there is any rate change in the current schedule post billing notice
generation. Facility provided to adjust the additional amount to the upcoming schedule due to rate change.

3.9 IC Module Changes

To reduce the load on IC end of day process, intraday batch is provided which would perform the following activities:

 IC Resolution
 Value dated balance update
 Back valued processing
 IC calculation and accrual (entries will not be posted)

3.10 SWIFT 2016 SRG Changes

Supports SWIFT 2016 standard release guide changes for category 3 messages (Treasury Markets – Foreign Exchange,
Money Markets and Derivatives) and category 9 messages (Cash Management and Customer Status).

3.11 SEPA SDD CORE 9.2 and SDD B2B 7.2 Changes

Supports SEPA RB Core 9.2 and B2B 7.2 changes, as follows,

 Sequence type ‘FRST’ is optional under SDD mandate for recurrent core and B2B collections.
 SMNDA indicator in the original debtor account instead of original debtor agent.
 SDD Core collections presented for the first time, on a recurrent basis or as a one-off collection can be presented up
to D-1 inter-bank business day

3.12 Fast Accounting Changes

System enabled to support Fast Accounting to reduce the transaction window time by enabling this feature at module level. As
part of the transaction, customer account withdrawal balance will get updated after performing the necessary validations
whereas the other functions handled by the current accounting such as posting accounting entries, Inter Branch(IB) entries,
etc., will get processed later (out of the transaction window) as part of an asynchronous job/batch. Statement, passbook
printing and query screens are modified to refer new data stores

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4. Oracle FLEXCUBE Universal Banking 12.4

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 12.4

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

4.1 ISO 20022 Account Statement CAMT 053

 System enhanced to support generation of CAMT053 message as an XML-based Customer Statement Message
based on ISO 20022 format, for Bank to Customer statement for cash management.

 This is supported for Customer Accounts where it provides account holder with the necessary information about all
booked entries, including the SEPA transactions within unified euro payments.

4.2 Multi-Currency Account

 Current and Savings Account module has been enhanced to support Multi Currency Accounts. The system would
generate Multi Currency Account number when the primary account for the customer is opened in FCUBS, under a
multi-currency account class.

 Additional accounts in supported currencies can be opened subsequently using the multi-currency account number
as reference. System enhanced to support transactions on the multi-currency account, where system would
internally route the transaction to appropriate account.

4.3 Account Switch (CASS) enhancements– Phase 2

 Allows changing of Redirection account number in new bank even after Account switch is initiated.

 XML notifications are supported on contract data creation and deletion by the new bank and old bank respectively.

4.4 UK Localization changes

 Support for maintaining address codes and use the same as proxy to input address details in various FCUBS
screens are provided.

 Support for maintaining ‘Company Code’ which can be later used to validate CIF creation for corporate customer.

 Standing Instruction Maintenance: To capture initial and final amount for an SI, typically for loan repayments, can be
a different amount other than the periodic instruction amount.

 360 degree customer view screens enhanced to display queried customer’s

 Obligation details i.e. where queried customer is guarantor to other entities.

 Reverse relationships i.e. queried customer’s linkage to other primary customers.

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 Annual Percentage Rate (APR) : Support for APR calculation and display as part of loan creation and simulation, as
per EU regulation

4.5 Trade module enhancements

 Negative Interest – BC: Bills and Collections module has been enhanced to support Negative Interest Rate during
Purchase / Discount of Export Bills and Advance of Import Bills.

 Guarantee claim settlement: Claim settlement functionality developed to settle the claim against Bank Guarantees.
Claims can be settled through Guarantee Claim Settlement process. During claim settlement, collateral and loan
facility can be used to settle the claim in case of inadequate funds in customer settlement account. Guarantee claim
lodgement feature enhanced to handle receipt of documents.

4.6 Trade Interface enhancements

 Gateway operations supported for consumption by front office systems to get the commissions, charges, taxes
calculated from FCUBS and also to validate the transaction data without creating a contract in the system for the
following operations-

 LC Contract Simulation (entire lifecycle)

 Guarantee Claim Lodgement and
 Guarantee Claim Settlement

The relevant SWIFT messages generation supported as part of the above simulation

 XML based notification supported for any authorized changes in following maintenances in FCUBS, for consumption
by external systems-

 User Maintenance
 Role Maintenance
 LC Product Maintenance
 BC Product Maintenance
 Document Type Maintenance
 BIC Maintenance

 REST based services supported for Amount Conversion based on exchanged rate maintained in FCUBS.

4.7 Origination Module Enhancements

 Corporate Islamic Process changes:

Corporate Islamic financing process flows (BPMN) have been modified to support the below features-

 Balloon payment
 Window of repayment
 Guarantor limit days
 Vendor payment related enhancement

 Retail Islamic Process changes:

New BPMN processes are developed to support various retail Islamic financing product categories.

 Ijaraha
 Istisna

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 Musharaka
 Mudrabah
 Tawarooq
 Murabaha

4.8 Islamic Financing Enhancements

 Deferment functionality is enhanced to support for Istisna accounts. Display the payment schedules prior to
deferment processing and amount due against each date in “Defer Schedule From” and “Defer Schedule To” List
Values.

 System is enhanced to allow modification of rebate amount calculated by the system in case of asset pre closure of a
Murabaha account.

 System is enhanced to display the history of down payment details in down payment screens.

 For Mudarabah accounts, payment screen is enhanced to display the loss in profit for the bank which is the
difference between the actual profit and notional profit when the actual profit is less than the notional profit.

 Deletion of Track receivable is supported for few more modules.

 Usability changes in simulation and CI account screen.

4.9 Islamic Liability Module Enhancement

System is enhanced to display the final profit based on the final adjusted annualized rate in account class wise profit
distribution block of profit distribution batch screen.

4.10 SAML 2.0 Enhancements for SSO

 Security Assertion Markup Language (SAML) is an open standard to securely exchange authentication and
authorization data between an enterprise identity provider and a service provider. FCUBS has been made SAML
compliant. It can accept SAML messages to login into FCUBS.

 A new interface layer is introduced in the login process which will also support any token based validations other
than SAML; provided code is handled at custom/cluster layer.

4.11 SWIFT SRG 2017 changes

System enhanced to support mandatory changes as per SRG 2017 changes

 Category 1: Customer Payments and Cheques:

 To align the existing field 59a in MT 110 with the format of field 59a in MT 103

 Category 3: Treasury Markets - Foreign Exchange, Money Markets and Derivatives

 Retire use of NDF codes in field 77D, in sequence A (MT300)

 Retire use of NDF codes in field 72, in sequence C (MT 304)

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4.12 SEPA (2017) Rulebook 1.0 changes

System enhanced to support mandatory changes as per SCT, SDD Core and SDD B2B rulebook 1.0.If debtor bank
or creditor bank is located outside non-EEA SEPA region, respective bank BIC and Address Code of Debtor are
mandatory.

4.13 External accounting interface

 External systems can trigger accounting entries to FCUBS via the external accounting interface. System enhanced to
allow accounting handoff for transactions from product processors.

 FCUBS accounting module would handle ECA (External Credit Approval) /EAC (External Account Check) requests
from external systems and process the external accounting transactions.

4.14 IC Intraday Performance Changes

 System enhanced to reduce the ICEOD batch timing by calculate the interest as part of intraday activity.

 Value dated SDE changes, which will skip daily interest recalculations. Recalculation would be performed only if any
balance / rate change happens.

4.15 FCUBS Integration with Corporate Lending

FCUBS is enhanced to display the loan details of OFCL contracts in ‘Loans’ tab of 360 degree customer view of
FCUBS in an integrated FCUBS and OFCL environment

4.16 FCUBS Integration with Oracle FLEXCUBE Payments system

 New notifications on creation of GL Code and transaction code can be sent to the external system from FCUBS.

 Exchange rate lookup from external (payment) system can be made via web-service and also web-service is
available to utilize / de-utilize the FX contract of FCUBS by external (payment) system for their transactions.

4.17 Oracle FLEXCUBE Block Chain Adapter

 Block Chain Adapter enables FCUBS to interface with Block Chain systems.

 It enables easy transformation of information between FCUBS and Blockchain datasets.

 This single adapter can work with any version of FCUBS with minimal changes.

 Allows viewing Block Chain transactions from FCUBS.

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5. Oracle FLEXCUBE Universal Banking 14

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 14

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

5.1 MT798 (SWIFT for Corporates) Support for Trade Finance

Enhancement supporting MT798 messages which enables bank users to exchange the MT798 messages with corporate
customers

 Corporate to Bank (C2B)

Bank receives MT 798 Trade Envelope Messages from Corporate Customers and initiate Trade Transaction based
on content of the Envelope Message

 Bank to Corporate (B2C)

Bank sends MT 798 Trade Envelope Messages to their Corporate Customers as an output of certain Trade
Transactions

 MT798 Trade envelope messages supported in following Trade Finance transactions:

 Documentary Credit – Import

 Drawings under Documentary Credit – Import
 Documentary Credit – Export
 Drawings under Documentary Credit – Export
 Stand by Letter of Credit/ Guarantee
 Other notification messages corresponding to existing swift messages

5.2 Letter of Credit - Transfer

 Handling substitution of documents by first beneficiary

 Maintenance of multiple goods with details on number of units and its unit price

 Tracking of amount available for further transfer when there is reduction in unit price

 Differentiating the bill submitted by the second beneficiary and the original beneficiary

5.3 SWIFT 2018 Documentary Credit Message Changes

 Documentary credit messages are enhanced to comply with SWIFT 2018 standards

 Tag names, field option value, length of the tag fields have been enhanced as per the SR2018 standard

 Character set support of the tag values has been enhanced to ‘Z ‘Character set

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 Number of extension message has been increased to 8 from 3 for messages MT701, MT711 & MT721

 Validations are handled as per the standard

 Addition of new message: MT744 for Notice of non-confirming reimbursement claim

 Addition of new extension message: MT708 as a continuation of MT707

 MT707 will populate the field tags in the message only when corresponding fields are amended

 STP of MT707 will be processed through amendment confirmation routine

 Cancellation request can be processed through amendment confirmation

5.4 OECD-CRS Support

A framework is introduced in the system to support Common Reporting System (CRS) for sharing financial information
among its member countries established by Organization of Economic Co-operation and Development (OECD).

Following are the update performed to support OECD- CRS:

 To capture details for parametrizing of CRS, maintenance screen are introduced

 Customer creation is enriched in the area of KYC maintenance

 Origination related screens enhanced to capture additional data for CRS

 New batch programs are introduced to process CRS information

5.5 Approval by E-mail Feature for Retail Teller Transactions

 Checker can approve/reject transactions on e-mail by giving comments.

 E-mail approval ‘queue screen’ to keep track of e-mail status of transactions is made available

5.6 Support for Financial Inclusion Accounts

 Financial Inclusion customers and customer accounts can be created in a single operation with minimal data.
These accounts are lighter (no-frills) compared to normal CASA accounts and can be used in limited set of screens.

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5.7 Account Forecast (For Nostro Accounts)

A dashboard has been provided to view of current and projected Nostro account positions based on expected future
transactions

Following details are available on the dashboard:

 NOSTRO Account balance and the corresponding mirror account balance

 Reconciled and unreconciled balances

 NOSTRO Projection balances based on projection preference

 Projected NOSTRO balance for a future date or period based on expected future dated transactions

This dashboard can be used for customer account balances also.

5.8 External Accounting Interface Enhancements

External accounting interface which supports posting of accounting to DDA is enhanced as mentioned below

 Account Statement Details

External accounting service is enhanced to capture account statement details from external systems. This data is
used to populate respective tags while generating Account statements (Mail/ SWIFT).

 MIS Details
External system can provide MIS details along with the accounting entries. These details will be used while building
MIS balances.

 Multi-Currency Account
External system can pass accounting entry to a multicurrency account. Accounting interface would derive underlying
CASA account, for a given multicurrency, account number plus currency combination and proceed with accounting.

5.9 Oracle12cR2 Database Qualification Related Changes

 In addition to qualifying the system to Oracle database 12cR2 (Version 12.2.0.1), it is enhanced to support the use of
Oracle directory name instead of file path for UTL_FILE I/O operations as part of eliminating the deprecated features
of Oracle 12cR2.

5.10 Local Limit Support

Oracle FLEXUCBE Universal Banking has been enhanced to incorporate basic limit functionality. Following are the details

 New functionalities introduced to capture Local facilities and Local collaterals

 Local facilities and collaterals can be linked to CASA over draft and other modules

 Utilization tracking, Limit balances and Limit validations

 Fund utilization sequence for CASA

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5.11 Integration with External Limits and Collateral Management System

Oracle FLEXCUBE Universal Banking has been enhanced to support integration with External Limits and Collateral
Management system. Integration can be done in following modes:

 Synchronous Mode
 Asynchronous Mode

5.12 Deprecated Functionality

Following functionality has been deprecated in Oracle FLEXCUBE Universal Banking System:

 Limits and Collateral Management (LCM)

 Credit Line Origination

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6. Oracle FLEXCUBE Universal Banking 14.1

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 14.1

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

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6.1 Product Enrichments for French Africa Region

Float Days Treatment for Value Date

 Option to handle value date treatment for various transactions are introduced
 Based on the float days maintained system would apply value date treatment for the transactions
 Float days shall be added or deducted from the actual date of transactions based on the type of transactions.
There is provision to handle holiday treatment also.
 This treatment would be applicable for interest calculation without affecting the available balance of the account

Status Movement for Central Bank Dormancy

 ‘Central bank dormant’ status introduced for CASA accounts.

 Manage the movement of the account status from ‘Active’ to ‘Dormant’ to ‘Central Bank Dormant’ status
 Based on the preference ‘Central Bank Dormancy Days’ maintained, it allows bank to manage the movement of
accounts which are in ‘Dormant’ status to central bank dormant status
 Enabling account movement from ‘Dormant’ state to ‘Active’ State for non-financial transactions

Bank Level Group Status Change for Loan and OD Accounts

 Group status change at bank level for loan and overdraft accounts has been brought in
 Based on the rules maintained, all exposure contracts (irrespective of branches) under the same customer code
will be moved to the worst account status.
 Changes are introduced to validate prompt payer at each stage for managing backward account status
changes. System Defined elements are introduced which can leverage in the rule definition to obtain the
effectiveness.

Include Collateral Value in Provision Calculation

 Loans/Overdraft availed with Bank guarantee as collateral, would consider the guarantee amount while loan
provisions are calculated
 Provision amount calculation to negate the provision basis amount (eg: Loan outstanding amount) with Bank
Guarantee amount and then apply provision percentage based on the loan account status and its rule
maintained.

Multiple Principal Schedules for Money Market Contracts

 Multiple schedules for Principal component has been brought in money market module, with support extending
to borrowing and placement contracts during creation, amendment and rollover operations
 Additionally it has been enhanced to accept partial payment of Principal components

6.2 Trade Enhancements

Usability Changes

 New Guarantee screens introduced for processing Guarantee Issuance, Amendment and Transfer which
support SBLC processing
 Documentary Credit Issuance and Amendment screens modified to restrict processing of Guarantees
 MT 700 / 707 message generations for SBLC will continue to support in Documentary Credit Issuance and
Amendment screens
 Once SR2019 changes for trade is enabled, system will not support generate MT 700 / 707 messages for
SBLC. Only MT 760 / 767 messages will be generated for SBLC

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 Guarantee specific fields removed from Documentary Credit screens

Letter Of Credit – Processing of Amendment

 Amendments related to MT 707 / 767 messages are to be done in respective amendment screens
 Beneficiary confirmation required option moved from contract online screen to Amendment screen and each
amendment can have option as beneficiary confirmation required or not
 Provision to collect amendment initiation charges available during AMNV event
 Internal amendments to be processed from Documentary Credit and Guarantee contract online screens and
MT799 will be generated

Islamic Trade 360

 Islamic Trade 360 degree new screen allows to view Islamic trade finance transactions pertaining to corporate
customers in various perspectives
 Further outstanding balances can be viewed separately say Islamic Documentary Credit, Islamic Documentary
Collection, Islamic Guarantees and Standby LCs, Trade Finance and Limits

SWIFT 2018 Changes for Documentary Credit

 Documentary Credit Messages enhanced to comply with SWIFT 2018 latest standards
 Support to modify Applicant and Beneficiary details
 MT 759 message generation will be supported
 New fields are introduced in Documentary Credit Issuance, Amendment and Transfer screens to capture
Special Payment conditions for Receiving Bank and Special Payment conditions for Beneficiary

6.3 SEPA 2018 Changes

System is enhanced to validate if there is a Request for Recall by Originator and it falls within the period as maintained at
Payments and Collection Preference

6.4 SWIFT 2018 – Non Trade Messages

Standard of existing MT messages has been enhanced to be in line with SR 2018 standard across categories 1,2 & 3 and
Common group messages.

Messages mentioned below are enhanced to comply with SWIFT 2018 latest standards;
o Category 1 : MT103, MT103 REMIT, MT103 STP
o Category 2 : MT202,MT202 COV,MT205,MT205 COV
o Category 3 : MT304
o Category n – Common Group Messages : MTn92,MTn96,MTn98

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6.5 Sanction Check Enhancements

Sanction check requests can be sent for verification of customer details. These requests can be sent for below listed entities
on creation ,modification and reopen of the same
 Customer Creation, Customer Address Maintenance
 Customer Account - Conventional and Islamic, Customer account address
 Term deposit/recurring deposit – Conventional and Islamic
 Cheque Book Maintenance
 Financial Inclusion Screen
 Origination Process Flows for Current , Savings , Corporate Customer and Term Deposit Creation
 Origination Process Flows for Retail Lending ,Retail Islamic Finance and Corporate Islamic Finance
 Letter of Credit contract
o Facility to send Sanction Check requests to external system through queue and receive response from the external
system through response queue
o System supports both synchronous and asynchronous mode of processing and also option of manual status
changing for sanction check requests

6.6 Enriching Origination Functionality

Process Flow Enhancements

Conversion of process flows to BPMN makes the design intuitive and easy to understand without having much technical
knowledge to design any process that shall proportionate into better operational efficiency
o The process flows of Current and Savings account opening, Corporate Customer Creation, Term Deposit Creation in
BPEL are converted to BPMN
o The new process flow will have the same set of stages as that of the BPEL process flow
o Usability changes are done for current and savings account process flows

Enhancement of Sub-stage Functionality in Origination

o Changes are made so as System will allow the modification of the sub stage maintenance and restriction for
maintaining first function id same as parent function id in sub stage has been relaxed
o Modifications are done in the system to navigate all the subtask(s) under a stage once all subtasks are processed will
then traverse next stage according to the original process flow

6.7 Integration with External Payment Product Processor for Payment Generation

 Enhanced the system to integrate with External Payment Processor for handling outgoing payments and for
payment message generation. Oracle FLEXCUBE Universal Banking has been readily integrated with Oracle
Banking Payment
 All the modules which depend on settlements layer for Customer Transfer and Bank Transfer (MT103/ MT202)
payment message generation will now interface with External Payment Processor for payment for SWIFT
payment message generation

Payment and Collection Remediation

 Enhanced the system to integrate with external payment product processor for handling outgoing payments and
for payment message generation.
 Settlement subsystem was generating SWIFT customer/bank transfer messages for PAYMENT_MESSAGE
advice; it has been enhanced to create payment in external payment product processor.

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 Consumer lending module was supporting SWIFT customer transfer for disbursement; it has been enhanced to
create payment in external payment product processor.
 In following places Payment and collection module was used to send outgoing local payment, it has been
enhanced to create local payment in external payment product processor
 Local clearing via Settlement subsystem for corporate modules
 Domestic Cash Transfer
 CL Disbursement
 TD redemption
 Account Closure via Multi Mode Settlements
 FATCA Tax referral processing
 In following places Funds Transfer module was used to send outgoing cross border payment, it has been
enhanced to create payment in external payment product processor
 Branch screen for international cash transfer
 Netting for Foreign Exchange Module
 Oracle FLEXUCBE Universal Banking is integrated with Oracle Banking Payments out of the box for above cases.

6.8 Exchange Rate Handling in Term deposits

 Changes are incorporated for Term Deposit Opening, Top up & Redemption transactions, where it system would pick
up the exchange rate based on the pay in/pay out mode, rate code & rate type combination from previous STANDARD,
MID Rate.
 Account Class Maintenance has been enhanced for Term Deposits to capture exchange rate details. Applied FX Rate,
Offset Amount and Offset Currency are introduced in Payin/Payout grid of Term Deposit operation’s screens.

6.9 Enabling Top up and Redemption of TD from Different Branches

 Users are allowed to perform Top-up and redemption of Term deposit from different branches. Term Deposit Top-up
and Redemption has been enhanced to show accounts across all Branches.
 For Cash operations - Cash GL/Till from logged in branch will get updated

6.10 Statement of Fees and Interest for Payment Account Directive(PAD)

 The system has been enhanced to provide Statement of fees and interest illustrating the fees levied and interest
earned/paid on the account
 Account Class Screen and Customer Account Screen have been enhanced to capture statement details. Also
introduced is Charge Transaction Code Heading Maintenance.
 New batch built can be configured at End Of Day (EOD) which in turn would trigger report job that shall generate and
spool Statement of fees for applicable accounts
 New screen Statement of fees and interest is also introduced to generate/re-generate the Statement of fees and interest
for a particular account and period

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6.11 SWIFT 2019 Changes for Guarantees and Standby Letters of Credit

 Guarantees and SBLCs messages upgraded to comply with SR2019 standards. Tag names, field option value, length
of tag fields are enhanced in this aspect
 Addition of new messages as part of SWIFT 2019 standard for;
 Guarantee/SBLC Issuance and Amendment Extension messages
 Amendment Response message
 Claim lodgement and Claim refusal messages
 Support below features for Guarantees and SBLCs
 Conditional Guarantees and SBLCs
 Counter Guarantees and Local Guarantees
 Transferrable Guarantees
 Claim processing based on MT765. Restriction of multiple claims.
 Advice and Confirm feature
 Cancellation through Guarantee amendment

6.12 Masking

 Personally identifiable information in scoped function id’s are enhanced to display masked or unmask values depending
on the user definition
 Masking personally identifiable information is based on the policies created in database

6.13 Granular Access

 Customer and Customer Account maintenance, transactions restricted to users based on the access group restriction
attached at user level for the scoped function id’s
 User will not be able to query, view, create or amend data based on access group restriction

6.14 Right to Be Forgotten

 Personally identifiable information of both closed Users and Customers are permanently anonymized
 Once PII information is permanently anonymized corresponding Users and Customers cannot be queried from
application
 Right to be forgotten will be processed based on the number of days to forget customer and on customer request

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6.15 Deferred Issues – New/Modified Features

Bills and Collections

 System is enhanced to handle the reversal of penalty interest accrued whilst extending the maturity date of an expired
contract, doing so system will compute and collect the normal interest for the extended tenor.
 System is enhanced to refund the excess collateral to the customer during liquidate using collateral operation

Origination
 System is enhanced to handoff documents from Origination to the related core
modules (Customer, Customer Accounts, and Consumer Lending Account).
 An additional queue – Standard > Search has been introduced. This queue configuration reflects the tasks to be
searched in Task-Search. Client can restrict the tasks that are displayed in the task-search according to their
requirement.

Branch/Teller
 Teller screen - Deposit Locker Rental Payment by Cash (3401) –has been enhanced to support Rental Payment by
Cash when Settlement details are not maintained for the Deposit Locker contracts. Charges sub-system added to the
screen to collect teller level charges.
In Teller BC and DD Issue/Reissue Transactions, Instrument number will be populated at the final stage of
the transaction. In other stages and during Pickup/Enrich, the instrument number field will be shown as
empty.

Consumer Lending
 Consumer lending contract input screen is enhanced to have Message Preview option for unauthorized accounts

CASA
 Quick Customer Addition screen is enhanced to Support Islamic Account Creation along with inclusion of two Islamic
specific new fields “Contribute to PDM” and “Exclude from Distribution”.
 New Islamic Account notification codes, notification functions have been created similar to conventional notifications.
 New Upload mechanism is provided to migrate the CASA Acquired Interest from legacy system to Oracle FLEXCUBE
through excel upload

6.16 Deferred Issues – Extensible Conversion

 Following Screens are converted from Non-Extensible to Extensible screens

Function Description Non Extensible Extensible

Function Function

CL Ad hoc Charge Type CLDADCMT CLDADCHT

CL Renegotiation CLDRENOG CLDRENGT
CL User Defined Events Triggering UDDCLEVT UDDCLETR

CL Check List Maintenance CLDCHKMT CLDXCKMT

CL Consolidated Rollover CLDCROLL CLDCNROL

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CL Reassignment CLDNOVDT CLDCRASG

CL Split rollover CLDSROLL CLDSPROL
Corporate Deposits Contract Input LDDCONON CDDTRONL

Corporate Deposits Payment Input LDDPMNT CDDPMNT

Corporate Deposits Payment Simulation LDDSIMPT CDDSIMPT

Corporate Deposits Value Dated Changes Simulation LDDSIMVD CDDSIMVD

Corporate Deposits Simulation Contract Input LDDSIMON CDDSIMON

Corporate Deposits Value Dated Changes Input LDDVAMND CDDVAMND

Customer Projections Query ACDSQPRO ACDCUPRQ

Customer Asset and Liability Query ACDSQASL ACDCUALQ

7. Oracle FLEXCUBE Universal Banking 14.2

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 14.2

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

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7.1 Corporate DDA Enhancements

Compounding of Interest Back Valuation

 Feature to compound Back valued interest for past liquidation has been introduced
 This is achieved by using a new SDE and configuration at IC product level
 Liquidation of the back valued interest is split across liquidation dates from back valued date to current date and
is posted with those liquidation dates+1. Interest would then be compounded with the Account Balance to every
next liquidation period.

Accounting referral for Dormancy and Managing Account Status

 Transactions raising specific accounting overrides are routed to various accounting referral queues
 The original transaction can be authorised only after the accounting overrides have been authorised
 Configuration available to define queues and mapping overrides and authorisers to the queue
 Multiple level authorisation is available

Account Number reservation

 Facility to reserve/generate account number with minimal details and give upfront to customer
 Reserved account would not be available for any operations till it is activated

General Ledger Code Length Increase

 GL code length has been increased to 20 characters from 9 characters

7.2 Trade Enhancements

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Documentary Credit & Guarantee - Simulation

 Simulation support through gateway for operations mentioned below;

 LC Amendment
 Guarantee Issuance
 Guarantee amendment
 Bills and Collections
 Operations supported in the corresponding screen through gateway can be simulated. The response message
has details such as message generated, charge, commission details etc.

Documentary Credit - Assignment of proceeds

 Support for assignment of proceeds functionality in Letter of Credit & Bills and Collections module will enable the
assignee (other than beneficiary) to receive the payment directly during the liquidation of bill

Enabling 740 generation during LC Amendment

 System supports to add Reimbursement bank, during LC Amendment from LC Amendment screen. System
generates MT740 message when Reimbursement Bank added during LC amendment and on subsequent LC
Amendments, system generates MT747 message.

Single step generation of MT734 on bill booking

 The existing system generation of MT734 in two steps of bill booking and modification of bill with discrepancy
details has been modified to generate MT734 on bill booking itself as single step process by capturing discrepancy
details.

Bills and Collections Liquidation Amendment

 System enhanced to support amendment of Bill liquidation before liquidation authorization

 Details provided during liquidation initiation would be available for liquidation amendment. User shall modify
liquidation details and proceeds liquidation of bill.

Sanction Check support in Bills and Collections

 Enhancement to do sanction check in BC module based on parameters

 Sanction check request will be sent during bills liquidation, if sanction check parameters are enabled.
 Sanctions Check would be enabled based on three parameters:
 Branch level
 Counterparty
 Product level
 Provision to restrict change or authorization of transactions that are pending for Sanction Check

Support for hold operation in Letters of Credit Issuance and Amendment

 System supports to put contract on Hold from LC Contract Online and LC Amendment screens whether contract
is already authorized or not authorized.
 Hold support for financial amendments with or without beneficiary confirmation from LC Amendment
Confirmation
 User can unlock contracts put on HOLD, modify details if required and Save
 Deletion of Hold is supported

Support for hold operation in Guarantee Issuance and Amendment

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 System supports to put contract on Hold from Guarantee Contract Online and Guarantee Amendment screens
whether contract is already authorized or not authorized.
 Hold support for financial amendments with or without beneficiary confirmation from Guarantee Amendment
Confirmation
 User can unlock contracts put on HOLD, modify details if required and Save
 Deletion of Hold is supported

Operation code selection based on Product type

 In Letter of credit and Guarantee contract screens, the operation code will be available for selection based on
product type chosen in the contract

Trade integration with External corporate lending product processor (OBCL)

 Established the integration of Trade module with external Corporate Lending Product Processor (OBCL) Web
service. Functional enhancements for Trade OBCL Integration are:
 Loan processing during Import Bill Liquidation authorization
 Loan processing during Shipping Guarantee creation authorization
 Loan processing during Guarantee/SBLC Claim Settlement authorization
 Linkage of Packing Credits in Export Bills, with outstanding loan amount from OBCL thorough Combined
LOV
 Bills with Link to Loan can be accessed from OBCL thorough External LOV
 Multi Limit support during OBCL Loan creation
 Multi Loan Payment support for Packing Credit Loans

7.3 Trade - SWIFT 2018 Changes

SWIFT2018_MT759- Ancillary Trade Structured Message

 Support for generation of MT759 Ancillary Trade Structured Message as per SWIFT 2018 standards
 This message is to request or provide information, such as a fraud alert or a financing request, concerning an
existing trade transaction such as a documentary credit, demand guarantee, standby letter of credit, or an
undertaking.

SWIFT 2018 changes related to Extension messages

 Support for generation of additional extension messages for MT700/701, MT710/711, 707/708, MT720/721.
Changes related to below Overview fields:
 Description of Goods (Tag 45A, Tag 45B)
 Description of Documents and Clauses (Tag 46A, Tag 46B )
 Additional Conditions (Tag 47A, Tag 47B)
 Special Payment Conditions for Beneficiary (Tag 49G, Tag 49M)
 Special Payment Conditions for Receiving Bank (Tag 49H, Tag 49N)
 System supports max of 52000 characters for Goods, Documents and Additional Conditions and 32000 for Special
Payment Conditions for Beneficiary and Receiving Bank.
 System validates, total length of each message, say MT700 or MT701 should not exceed max 10000 characters
and total length of all 8 (MT 700 -> 1 and MT707->7) messages should not exceed 80000 characters.
 STP processing enhanced to support upload of additional extension messages MT700/701,
MT707/708MT710/711, MT720/721

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7.4 SWIFT 2019 - 769 Change

 Advice of Reduction related changes have been incorporated

 Advice of Reduction field modified as display field in Guarantee Online
 Advice of Reduction and related fields introduced in Guarantee Amendment
 Amendment / Cancellation initiated in Guarantee Amendment screen without Beneficiary confirmation.
MT769 message generated in AMND/CANC event
 STP Processing of MT769 enhanced to initiate amendment/cancellation in Guarantee amendment screen
 Mail support for Advice of Reduction Message type

7.5 Financial Inclusion - Enabling Loans for FI Clients

 System is enhanced to provide Financial Inclusion customers with Retail Loan facility
 Following functionalities are provided with minimal features
 Loan Account Creation
 Loan Manual Disbursement
 Loan Payment
 Loan Account Status Change

7.6 OBCL Integration for sharing Corporate Deposit Product Details

 System is enhanced to integrate with OBCL for populating the Corporate Deposits (CD) product details
 On creation of new CD product or modification of an existing CD product, system will share the required details to
OBCL via web service

7.7 SWIFT 2018 – BIC PLUS UPLOAD Changes

 BIC Plus 2018 will be similar to BIC 8-character code with 3 optional characters for the addition of a branch identifier but
the definition of BIC will be redefined.
 The new source option added in “ISDBICPU – BIC Upload” screen
 BICPLUS2018
 BICPLUS2018 Country
 BICPLUS2018 Currency
 BICPLUS2018 Holiday
 BICPLUS2018 Holiday Services
 BICPLUS2018 Time zone

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7.8 Incremental changes to external payment integration (FCUBS-OBPM Integration

Phase-2)

Support for MT110, MT111 Messaging

 Enhancement for integrating External Payment System for MT110 and MT111 message generation for foreign
currency instruments have been brought in

Archival of Data
 System is enabled for archiving the records of queue table for a certain period of days(parameter), based on process
status

OBPM Integration - Loan account direct debit

 Option to maintain Periodic instruction for outgoing collections (direct debit)
 Process of executing the direct debit request/Periodic instructions on an activation date, from handing over the
instruction details to OBPM and receipts/rejects handling is supported.

7.9 Support for Multi-tenant using Oracle 18c Application container feature

 Container Database/Application Container feature of Oracle (18C) facilitates multi-tenant architecture with support
for sharing of application/code and data
 This feature is used to deploy multi-tenant environment in FLEXCUBE UBS
 Four deployment modes are available under this feature
 Shared Application – In this deployment mode only the application would be shared among tenants
 Shared Application with Authentication – In this deployment mode, application as well as user authentication
would be shared among tenants
 Shared Application with Shared Data (Default) – In this mode, application, user authentication and reference
data like country, currency, product would be shared among tenants
 Shared Application with Shared Data –(Custom) – This is an extension of default option with a choice during
installation to remove some of the entities from being shared

7.10 Technical Changes

Integration with OFSAA - FCCM/CRM

 Oracle FLEXCUBE provides comprehensive data to cater to the analytical requirements of OFSAA. This
enhancement caters the handover the CRM and FCCM related data to OFSAA.
 The data will be extracted as part of the OFSAA batch and reside in corresponding staging tables

Branch INFRA segregation from common Core

 Branch INFRA code is moved out from common core SVN into FCUBS SVN
 Branch infra is not used by any product processor other than FCUBS

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8. Oracle FLEXCUBE Universal Banking 14.3

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 14.3

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

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8.1 Machine Learning Retail (new Feature)

Customer Attrition
 Attrition risk profiles of the customers are identified as,
 High Risk
 Medium Risk
 Low Risk
 Transition Risk
 No Risk
 Customer Attrition risks are available across perspectives of
 Bank as an Enterprise
 Branch

Customer Segmentation
 Customer of the bank are segregated as per their profiles and transactions patterns
 Customer segmentation are available across perspectives of
 Bank as an Enterprise
 Branch

Customer Life time Value

 The future life time value of a customer should the relationship continue over a lifetime
 Customer life time value are available for comparative analysis across perspectives of
 Bank as an Enterprise
 Customer Segment
 Individual customer

Model Control
 The facility to trigger model building and model execution by the admin user
 The user is provided the flexibility to determine the historic period for pattern identification and model
building
 The model building and execution is consolidated across
 Customer Attrition
 Customer segmentation
 Customer life time value

8.2 Corporate DDA Enhancements

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Dual authorization and Multi authorization support to ECA and External Accounting
 ECA request and External Transactions raising specific accounting errors are routed to various accounting
referral queues if referral required is opted. Further processing is done based on the actions taken from the
referral queue and response is sent to the external system.

Multiple Inter-branch Nostros

 Enhancement to enable multiple inter branch Nostros for same currency so that there is a clear segregation
between lines of business. It is achieved by adding module code and product code to the existing setup of
Origination Branch, To branch and Currency.

8.3 Trade Enhancements

SWIFT 2019 changes for Guarantees/SBLCs

 Guarantees/SBLCs Messages enhanced to comply with SWIFT 2019 latest standards. MT760, MT761,
MT767, MT775, MT787, MT765 and MT786 are impacted messages.
 Provision to support seven extension messages for Guarantee issuance (MT761) and Guarantee
amendment (MT775) messages. Terms and Conditions with Guarantee / Local Guarantee Type
introduced to support the same.
 Support issuance and amendment messages for Counter-Counter Guarantees/SBLCs
 System validates total length of each message should not exceed max 10000 characters and total
length of all 8 messages should not exceed 80000 characters.

Guarantees/SBLCs related enhancements

 Guarantee issuance and amendment screens enhanced to capture Standard Wording, Transfer
Conditions and Terms and Conditions to support SWIFT 2019 latest changes.
 Terms and Conditions can support maximum 78000 characters to support seven extension messages

Obligor Party for Guarantees/SBLCs

 Support Obligor as a party for Guarantees/SBLCs. Claims to be settled by Obligor if available
else to be settled by Applicant as per existing functionality.
 Collateral can be collected from Obligor. Collateral processing during Guarantee issuance,
amendment, claim settlement, closure, cancel and re-open to be handled based on the
collateral percentage from Obligor. New accounting roles and amount tags introduced for the
same.
 Collateral refund, during closure/cancel, to applicant and obligor processed based on Obligor
Collateral percentage.
 Settle Available Amount introduced in Guarantee Claim Settlement screen. Funds from
Applicant/Obligor settlement account to be considered for claim settlement and in case of
adequate funds loan to be created for Obligor.

Islamic Guarantees/SBLCs related enhancements

 Islamic Guarantee Online screen introduced to process Islamic Guarantees/SBLCs
 Islamic LC online and amendment screens modified to de-support Islamic Guarantees
 Islamic LC online and amendment screens modified to de-support Islamic SBLCs if SWIFT
2019 is enabled
 Confirmation instructions support in Islamic Guarantee screens

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 Settlement, Commission and Tax subsystems introduced in Islamic LC and Islamic Guarantee
Amendment screens. Provision to modify subsystems during amendment confirmation.
Guarantee online screen will not be launched during amendment confirmation.
 Provision to capture additional details namely Transfer Conditions, Standard Wording and
Terms and Conditions in Islamic Guarantee/SBLC issuance and amendment screens
SWIFT Character Substitution
 SWIFT Character validation to be done based on X/Z character set support for each tag
 Characters not supported as per SWIFT Standards to be substituted based on SWIFT
Character Maintenance (MSDSWFCR) if available else to be replaced with SPACE
 SWIFT Character Substitution applicable for Message Preview also.
SWIFT Message Validation
 Provision to validate Message generation during Contract save and provide repair reason as
error message. Support provided, for LC and Guarantee screens, for conventional and Islamic
screens.
 New flag Validate Message Generation introduced in LC Branch Parameter maintenance and
Message validation will be supported if the flag is set.
Support for Event Reversal
 Support will be provided for doing event reversal for trade contracts.
 It will be possible to reverse the latest version-creating event.
 A new event REVE will be introduced
 On reversal of the version-creating event, all non-version creating events which are triggered
after this will also be reversed.
 On event reversal, the details before the reversed event will be reinstated.
 This feature will be supported for Letter of Credit, Bills and Collections, SBLC and Guarantee
contracts. This will be available for both Islamic and conventional modules.
Support for Devolved status for BC contracts
 A new status 'Devolved' will be introduced for Bills And Collection module
 If the import Bill contract is liquidated using a loan, then on final liquidation of the contract the
status of the contract would be changed to 'Devolved’.
 The contract status will be changed to 'Devolved' on save of the last liquidation event
STP of MT910 for BC contract liquidation
 On receipt of MT910 messages, BC liquidation will be triggered for the BC contract which is
available as tag 21
 This will be supported for Export bills of both conventional and Islamic categories
Import Letters of Credit – Limit tracking of liability minus margin amount
 System enhanced to track limit for liability amount minus the margin amount, during Import
Letters of Credit/Islamic Letters of Credit issuance, option to track limit of liability minus
margin have been enabled by introducing new amount tag Liability Minus Margin.

Search of BIC Plus Customer

 System enhanced with the provision to list BIC code values in below trade screens,

 Letters of Credit/Islamic Letters of Credit Contract Input screen

 Guarantees /Islamic Guarantees Contract Input screen
 Letters of Credit /Islamic Letters of Credit Amendment confirmation Input Screen
 Guarantees /Islamic Guarantees Amendment confirmation Input Screen
 Letters of Credit /Islamic Letters of Credit Transfer Input screen
 Guarantees /Islamic Guarantees Transfer Input screen
 Bills and Collections /Islamic Bills and Collections Contract Input Screen

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 Letter of Credit/ Bills and Collections Registration Input Screen

 Existing customer number LOV of the screens has enhanced to list the BIC code also along
with the customer details.

Coaccpetance/Availization
 System enhanced to mark an import as Coaccepted by the bank. Coaccpetance of bills is an
undertaking from the third party(Importer bank) to make payment to the drawer(exporter) on due date
even if the drawee(importer) fails to make a payment.
 Bank should be able to charge commission from the date of Coaccpetance till the date of maturity of the
bill.
 Import/Export collection, Not under LC, Usance bills can be marked as Coaccepted by enabling change
of operation Collection to Coacceptance. Introduced an event BCAC while changing the operation from
Collection to Coacceptance. Liquidation of Coaccpetance bills will trigger a new event LCAC.
Silent Confirmation
 System enhanced to support silent confirmation for export letters of credits/Islamic letters of credit,
where the bank adds the confirmation to the letters of credit/Islamic letters of credit at the request of the
beneficiary without the knowledge of issuing bank.
 In letters of credit/Islamic letters of credit, in addition to the commitment of issuing bank, the advising
bank can by silent confirmation provides the independent commitment to pay or accept.
Introduced operation code Silent confirmation (SCF), Export LC/LI cannot be booked with operation as SCF,
whereas the operation of export LC/LI can be modified to SCF from ADV and the event AASC – Amendment of
Advice to Silent Confirmation will be triggered.

8.4 Customer, Customer Account and Branch Enhancements

Cheque Book Issue for Other Branch Accounts

 FLEXCUBE has been enhanced to allow users without Multi Branch Access to issue Cheque
Book for Customer Accounts belonging to other Branch

Account Closure Remarks on Account Authorization

 On Customer Account Closure, FLEXCUBE has been enhanced to allow Maker enter Maker
remarks.
 On Authorization of Account Closure, Checker can now view Closure Remarks along with
closure details.

Display of Customer Transactions in Customer Landing Page

 Customer Landing page enhanced to show quick link “Account Transactions” which open
Customer Account transaction query (ACDTRNQY) screen for the selected Customer
Account.
 This screen lists the details of the transactions in which the customer account was involved.

Backdated Tax Waiver

 FLEXCUBE has been enhanced to handle Tax waiver on a backdated cash
deposit/withdrawal transaction.

Inclusion of branch in mask in auto generation of Customer Account

 Customer Auto generation mask allows only numeric characters. This mask has been
enhanced to allow Branch as part of Account Mask.

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IBAN number for Multi-Currency account

 FLEXCUBE has been enhanced to generate or validate IBAN Number for Multicurrency
account.

Real Time Liquidity Management System Integration

 FLEXCUBE has been enhanced to integrate with Oracle Banking Liquidity Management
(OBLM) when there is Debit in Customer Account and there is insufficient amount in Customer
Account’s withdrawable Balance. This happens on a Debit in below transactions:
o External Credit Approval Debit
o Debit from External Accounting
o Debit in Corporate transactions

8.5 Retail ReST/Fine Grained APIs

 FLEXCUBE has been enhanced to give ReST Retail APIs for

o Customer, Customer Accounts
o Loan accounts for a customer
o Loan account balance
o Loan instalment details/Loan account emi amount
o Loan Guarantor details
o Loan security details
 ReST/Fine Grained Services - Corporate Modules
 System is enhanced to get the details from corporate Modules using ReST/Fine Grained Services
 SIDTRONL (Standing Instruction Online Detailed ) function is enabled for getting the details through
ReST service
 Below is the list of Corporate Modules Fine Grained Services built to get the details for the corporate
customers
Module Description of the Fine grained

Corporate Deposits Corporate Deposit Details

Treasury Foreign Exchange Details
Treasury Money Market Details
Treasury Derivatives
Loans Loan Details

8.6 Other Enhancements

Next working day update on ad-hoc holiday maintenance
 On declaring next immediate working day as ad-hoc holiday using ad-hoc holiday
maintenance, system will update the next working day of sttm_dates properly.
 it is possible to mark an already declared holiday as a working day as well using the ad-hoc
holiday screen. In this case if any of the holiday before the next working day which is marked
in sttm_dates is updated as working day, then system will get the next working day and update
that in sttm_dates
18C Remediation of STTB_ACCOUNT data source

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 It is required to change the sharing type of the data source STTB_ACCOUNT from Extended
Data Linked.
 In order to achieve this separate tables will be introduced for CASA , Loan and GL
 The data source, sttb_account which is of sharing type ‘Data Linked’ will be changed to a view
on the above tables with sharing type ‘Meta Data Linked’
Multitenant Changes - ISDBICDE- Customer Number Remediation
 System supports the provision of providing customer specific details of BIC code
maintenance (ISDBICDE) in different entities as required rather than maintaining the same
only at Approot.
 Fields Customer Number, SWIFT Key, Telex Key, SWIFT Key Arrangement and Relations
has been remediated from BIC Code maintenance screen (ISDBICDE), which is an Approot
screen and introduced a new PDB screen ISDBICPB to maintain the BIC Code Customer
details.
ISDBICPU –CCH Upload
 To support Currency Holiday and Holiday services upload through ISDBICPU (BIC upload
screen) through existing source code – “BICPLUS2018 Holiday” and “BICPLUS2018 Holiday
Services” as per the SWIFT 2018 standard.
 As per the existing system, options “BICPLUS2018 Holiday” and “BICPLUS2018 Holiday
Services” will upload the currency holiday and holiday services to the staging tables.
Proposed system uploads the detail to Currency Holiday base tables

8.7 Treasury - SWIFT 2019 Changes

MT 300 Foreign Exchange Confirmation Message

 Support for generation of MT 300 Foreign Exchange Confirmation Message as per SWIFT 2019
standards
 This message is exchanged by or on behalf of the institutions or corporate customers, party A
and party B, which have agreed to a foreign exchange contract. This message confirm the details
of a new contract between the parties.
 Free format option (Option D) removed from below fields and the same is updated with Code list
Option (Option J)
 Mandatory Subsequence B1 Amount Bought
o 53A - Delivery Agent
o 56A - Intermediary
o 57A - Receiving Agent
 Mandatory Subsequence B2 Amount Sold
o 53A - Delivery Agent
o 56A - Intermediary
o 57A - Receiving Agent
o 58A - Beneficiary Institution

MT 304 Advice/Instruction of a Third Party Deal

 Support for generation of MT 304 Advice/Instruction of a Third Party Deal Message as per SWIFT
2019 standards
 This message is sent by a fund manager to a custodian bank or other interested party as an
advice of/instruction to settle a third party foreign exchange deal

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 Free format option (Option D) removed from below fields and the same is updated with Code list
Option (Option J)
 Mandatory Sequence A General Information
o 87A - Executing Broker
 Mandatory Subsequence B1 Amount Bought
o 53A - Delivery Agent
o 56A - Intermediary
o 57A - Receiving Agent
 Mandatory Subsequence B2 Amount Sold
o 53A - Delivery Agent
o 56A - Intermediary
o 57A - Receiving Agent
o 58A - Beneficiary Institution

8.8 CCB - Enhancements

360 Degree Customer View

 System enhanced to display all unauthorized contracts also which were previously once
authorized from the function ‘360 Degree Corporate/Retail Customer View’
 This change has been done for the below modules

Module Code Module Description

BC Bills and Collection

IB Islamic Bills and Collection

LC Letter of Credit

LI Islamic Letter of Credit

FX Foreign Exchange

MM Money Market

DV Derivatives

ID Islamic Derivations

OT Over the Counter Options

MC Islamic Money Market

RB Retail Bills

DL Deposit Locker

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Regulatory Reporting fields inclusion in CL module

 System enhanced to capture Regulatory reporting details (field 77B) in the sub screen "SWIFT Message
Details" of CL module screens.
 Below is the list of CL module screens in which Regulatory reporting detail fields added
Screen Name Description
CLDACCNT Account Details
CLDACCVM Value Dated Amendments
CLDMNDSB Manual Disbursement Details
CLDACHTY Account History
CLDCMTMT Commitment Account Details
CLDCMTVM Commitment Amendments
CLDINANT Inactive Account Input
CLDMNROL Manual Rollover
CLDPYMNT CL Payments
CLDRENGT Renegotiation
CLDSIMNT Account Simulation
CLDSIMVM Value Dated Amendments Simulation
CLDSMPMT Payment Simulation
CLDCNROL Consolidated Rollover

Settlement Other Details changes

 System enhanced to capture settlement other details for each settlement amount tag in settlement sub
system.
 System modified to change Regulatory reporting details fields from select field type to input text field type

8.9 CD-OBCL Integration Enhancement

System is enhanced for fully liquidating a CD contract without the knowledge of the total amount to be
liquidated, when the Web service is called with Pre-closure

8.10 OFCUB-OBPM Integration Enhancement

 System enhanced to replace existing Single Payment Web Service with the New single Payment Service Rest
API for integration with OBPM system

New Single Payment Service (SPS) Changes

 New fields, which were introduced as part of the OBPM new Single Payment Service enhancements, are added
in IFDEPSQU(External Payment System Queue Detailed) and IFSDEPQH(External Payment System Queue
History) screens

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9. Oracle FLEXCUBE Universal Banking 14.4

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 14.4

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

9.1 Refreshed User Experience using Micro Frontends Architecture (new Feature)
Enhanced Retail customer 360 degree: Customer 360 degree view has been augmented as
below;
 Summarized view with various widgets spanning across various business relationships
of the customer with the bank
 Multi-level drill down capabilities
 House hold view of the customer
Servicing Transactions
 Customer Cash transactions involving Cash Deposits & Withdrawals, Cheque
Deposits & Withdrawals, Account Closure, FX Sale and Purchase and Term deposit
opening, redemption & top-up.
 Initiation of Remittances involving Issuance & liquidation of Demand drafts & Bankers
Cheques and deposit of Outward Clearing Cheques wired with Oracle Banking
Payments for processing.
 Miscellaneous transactions involving Misc GL transfer, Misc GL debit/Credit with
corresponding credit/debit to customer for any adjustment or rectification entries.
 Transfers involving Account transfer, Domestic & International wired with Oracle
Banking Payments for processing.
 Support to initiate customer service request for Address change, Contact details
change, Passbook - issue, update, status change, Chequebook request, Stop cheque
Account balance inquiry & Account statement.
 Branch Operations involving Transfers between Tills, Till and Vault, from/to Currency
Chest etc.
 Support to configure dashboard widgets based on role - Mini CIF information, Till cash
position, Transaction status, Alerts & Notifications and link to access frequently used
transactions
 Support to credit virtual accounts wired with Oracle Banking Virtual Account
Management

Retail Process Management: Oracle FLEXCUBE Universal Banking Retail Process

Management (RPM) is the middle office banking solution with a comprehensive coverage of
Retail Banking origination processes. It enables Banks to deliver improved user experience for

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________________________________________________________________________________________________________

various Bank personas handling defined functions in the lifecycle of the various product
originations.

Retail Process Management module is factory shipped with referenced workflows for the
mentioned product origination with capabilities to configure the workflows based on the Bank’s
internal policy and requirements.
 Create the Product Catalogue and Cart Operation feature to support Single and Multi-
product origination.
 Create origination capabilities for:
 Savings Accounts,
 Current Accounts and
 Loan Products
 Account opening for Term Deposits
 Capability to configure Qualitative and Quantitative Score card for credit scoring and
assessment of the Loan and Overdraft Applications.
 Build capability to configure Business Process to define workflow for different category
of Applications based on the Process Code and Lifecycle combination.
 Dashboards for Relationship Manager and Loan Officer Personas with various widgets
that allows tracking their application status, Performance across products, Loan
Applications in Offer Stage.

9.2 Interest and Charges in micro services architecture

 Interest and Charges module batch processing is redesigned with micro services
architecture using Java
 Interest and Charges module user interface will continue to be as before for the end
user

9.3 Accounting Posting services in REST using Java

 A new REST service built with Java is added to post entries into FLEXCUBE UBS.
This is used within FLEXCUBE UBS in many use cases and can also be used for
posting entries from external product processors.

9.4 Integration with Oracle Digital Assistant (ODA) to support chatbot

 FLEXCUBE has been integrated with Oracle Digital Assistance for chatbot support. Within the
application, user can vocally communicate or type in "How to" queries (e.g. "How to create an
account?") and in response Chatbot provides appropriate screen name and launches them.

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9.5 Machine Learning Retail

 NLP framework allows complete autonomy to design and develop use cases to
intelligently read documents using Named Entity Recognition (NER) models. NER
models can be designed and trained as per business requirements and consists of
NLP Toolkit (which includes Use Case definition, Annotator, Model Training, Model
Management) and Operations screens.
 Product Recommendation - Customer interactions and product usage over time
and value is evaluated to recommend retail banking products
 Cheque Book request Email Processing - NLP based ML model extracts relevant
data from cheque book request email for downstream business processing

9.6 Other Enhancements

 CAMT052 - Account Report Generation

 CAMT052 is an XML-based Account Reporting message based on ISO
20022 format
 It provides account holder with intraday information on all transactions and
entries booked.
 CAMT053 Account Report Generation: Existing CAMT.053 statement format
updated to be in sync with the latest ISO 20022 format
 EAC- Multiple Accounts Validation: External Account Check is extended to allow
multiple accounts in the request.
 Support *.* for All Currencies and ALL for Albanian LEK: ‘*.*’ is the new
representation for all currencies in place of ‘ALL’ and ‘ALL' can be used for
representing Albanian (LEK) currency.
 Term Deposit Endorsement: Allows the primary beneficiary of a Term Deposit to
be modified by the way of endorsement.
 Alternate GL code for Chart of account: Feature for capturing of the legacy GL
code to be captured along with the GL details for node GLs
 Pre-advised Debit and Credit: An option to allow a customer extra credit amount
when it is confirmed that certain amount is to be received in the account in the
immediate future. Similar functionality is be provided for debits too
 CIF Signature/Image capture Enhancement: This feature allows for definition of
relationship between CIFs. Further, it allows for defining relation specific
transaction, limits and Signature requirements.
 Simulation of loan disbursement: Functionality to simulate Manual disbursement is
introduced
 Delinquency module: Module called Delinquency (DQ) introduced. This feature
allows for tracking delinquent amounts to closure and allows for collecting penalty
for account being delinquent.

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 Currency service Changes

 Exchange Rates uploaded at head office level allows branches to use the
rates without propagating them to branch level. Branches optionally can
have their own exchange rates.
 New feature allows for a separate spread maintenance for currency pairs.
Thus rates received from external sources can be directly uploaded.
 Feature to allow a spread maintenance for FCY-FCY Pairs with Through
currency
 Generic Interface Changes
 GIRFILOG Report has been enhanced for display successful/failed records.
 Feature to select any file from upload folder is brought in. This feature
allows for uploading any file from upload folder or all files from upload
folder.
 New feature allows picking up of different character-set from a list of factory
shipped character set at the time of interface definition. If no character set
is picked, UTF-8 is used.
 New feature introduced allows for skipping certain fields at the time of
outgoing file generation.
 Time Based Validation allows scheduling of interface generation between
start and end times.
 Multi-Byte Character Set Support

9.7 ITALY Cluster Enhancements (available only in Cluster layer)

 Linked Entities: Feature allows defining Validation rules on Customer to Customer

Relationships
 Mortgage Penalties: This feature enables computing and collecting penalty amount
on partial or full prepayment of loan based on residual outstanding principal
amount. Further, this feature allows for collecting fixed instalment fees and stamp
duty.
 Total Payment Suspension: This feature allows suspension of few instalments of
principal or both principal and interest of a loan. Further it is possible to collect the
interest amount of suspended period either immediately after the period or
distribute it over the remaining loan schedule.
 Usury Interest Rates: The average interest rates applied for Loan account by the
financial institutions must not exceed a published Usury Interest Rate (UIR).
Average Interest rate applied for a Loan account must be lesser than specified UIR
during life cycle operations.
 Step up TD Rates: There should be a possibility to define different rates for
different time periods of a deposit. On creation of the term deposit, the maintained
rates should be defaulted to the account.
 Simulation of Suspension plan: Functionality to simulate the suspension of
Payment, Manual disbursement

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9.8 DEPRICATED FUNTIONALITY

Please refer release notes for some of the deprecated modules (Moved to other Oracle Banking Products),
Deprecated Branch transaction function ids and the screens.

https://docs.oracle.com/cd/F20443_01/index.htm

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10. Oracle FLEXCUBE Universal Banking 14.5

The following functionality has been enhanced as part of the Oracle FLEXCUBE release 14.5

Please note that the functionalities and enhancements listed below are not exhaustive. For detailed product
features and insights please refer to the user documentation.

Enhancements to the Existing Modules

10.1 ChatBot for End of Day status check and error resolution
Using Oracle Digital Assistant, query of EOD status and resolution steps for common types
of EOD errors is supported using chat bots.

10.2 ChatBot for generic Error Resolution

Using Oracle Digital Assistant, facility to get resolution steps for common types of errors
encountered while doing day to day activities is now supported using chat bot.

10.3 Term Deposit and CASA Processing Batches in Java micro services

Batches mentioned in below table are converted from PLSQL to Java micro services.
PL/SQL Batch Java Batch Batch Name/Details

ICBEOD ICBEOD Interest and Charges EOD Process

ICBOD ICJBOD Interest and Charges BOD Process

TDBOD TDJBOD Term Deposits BOD Process

TDEOD TDJEOD Term Deposits EOD Process

VDBALUPD ACJVDBAL Value dated balance update batch

DABHOFF DAJHOFF Deferred Accounting Batch

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ACBCUTOF ACJCUTOF Mark Branch Availability Service

ACBCUTOF ACJDAONL Deferred Accounting posting batch

ICSOD ICJSOD Income recognition - OD component wise

POSTDTCH STJRLTNK Release tanked accounts

CASABAT CAJMKDOR Mark Dormant account (ACDORBOD)

CASABAT CAJHSIGD Joint holder Signature batch (JHSIGDEL)

Customer Minor to Major Conversion

CASABAT CAJMIMAJ (MIMACNV)

Clearing Account Statement Report

CASABAT ACJSTDEL (ACSTDEL)

IC Owing amount – Component wise tracking

STODBAL STJODBAL for OD

ACBCSTAT ACJCSTAT Customer Account Statistics batch

STBSTFEE STJSTFEE Statement of fees and interest

EIPKS.FN_MARK_STATUS ACJUNTNK Un tanking of accounting entries.

Currency and Value date wise mismatch

EIPKS.FN_MARK_STATUS ACJCYVLC check

EIPKS.FN_END_OF_DAY ACJUPOBL CASA TOV related update batch

EIPKS.FN_END_OF_DAY GLJBLPTD GL Average balance PTD

EIPKS.FN_PREBOD ACJPRBOD Pre BOD Accounting process batch

ICDLIQAC ICDLIQAC Single Account Online Liquidation

ICDOLIQ ICDOLIQ Multiple Account Online Liquidation

ICDCALAC ICDCALAC Single Account Online Calculation

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ICDMCALC ICDMCALC Multiple Account Online Calculation

ACDENTRY ACDENTRY Online Accounting entry posting

10.4 External credit approval handling through Java Rest API

External credit approval handling is available as a java rest service which can be used by external
systems. Debit transactions from external system would be processed through ECA.

10.5 Services to support Oracle Banking Digital Experience queries

OBDX integrates with FLEXCUBE via Views for Query purpose, this is being remediated to
use services/APIs from FCUBS. Existing services in FLEXCUBE have been enhanced, new
services introduced to cater requests originating from OBDX.

10.6 Dual Currency Deposit without Options contract

Existing dual currency deposit feature has been enhanced for booking a dual currency
deposit without options contract.

10.7 CAMT053 Straight through processing

Straight through processing of CAMT053 which is an Account Statement message is
supported. Data from CAMT053 is used for Nostro reconciliation.

10.8 CAMT 053 statement generation with additional tags

CAMT 053 message has been enriched to support optional fields for both debits and credits.
The external product processors can send statement information required for CAMT 053
generation along with External Accounting (EA) requests or as a separate call after EA
posting.

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10.9 Support for Risk Free Rates (RFR) in Corporate Deposit Module
Corporate Deposit Module is enhanced to support RFR (Risk Free Rate). RFR Rate Input,
Contract Booking with RFR rate, Accrual and Liquidation events with existing Batch are
supported.

10.10 Future Value Dated Rate handling for Corporate Deposit

Overriding of Future Value dated fixed rates against prevailing rate on Corporate Deposit (CD)
Contract Amendment is supported.
Overriding of rates functionality is applicable only for Fixed rate Interest component and is
not extended to Negative Interest rate and floating rate Interest components.

10.11 Inactive Customer Status

A new status as “Inactive” is introduced at Customer level. System would derive this status based
on transactions and contracts for Customers within specified time period. Customer status also
can be re-activated manually. This status is just for information/reporting purpose and is not used
for any validations.

10.12 Enhancement in External Credit Approval (ECA) and External Accounting

(EA)
Tags to send Maker Id, Checker Id and Contract reference number have been added to External
Accounting (EA) API. Notifications are supported for External Credit Approval (ECA) and External
Accounting (EA) Status changes. This can be used for processing after initial requests gets into
Pending status. Additional tags are provided in EA for supporting online/accounting entry level
revaluation. Performance enhancements in ECA/EA.

10.13 Card Management Changes for BIN

Enhancement to hold 8 digits for BIN (Bank Identification number) is supported. This will co-
exist along with current 6 digits support for BIN.

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10.14 Incremental translation support for current FLEXCUBE release

Static Data for screens labels, menus and error message are released for current release for
French, Arabic , Chinese, Vietnamese, Spanish, Portuguese European, Portuguese Brazilian
languages.

10.15 Relationship pricing support for external components

Relationship Pricing module is enhanced to support pricing for external banking product
processors.

10.16 Integration with Oracle Banking Payments for clearing transactions

Integration of FCUBS with Oracle Banking Payments Product processor to support
requirements of Clearing module used in TD(Term Deposit), PDC(Post Dated Cheque) and
RB(Retail Bills) for Outward Clearing.

10.17 Integration with Oracle Banking Payments for Demand Draft/Bankers Cheque
issuance
Modules CASA, TD and CL are integrated with OBPM to provide support for DD (Demand
Draft)/BC (Bankers Cheque) where necessary.
CASA Account Closure, TD partial/full redemption balance can be issued as a Demand Draft
(DD) or Banker's Cheque (BC) through FCUBS-OBPM handshake.

10.18 Integration with Oracle Banking Enterprise Default Management for Loan
collection
Retail Lending Loan Contracts which are overdue on a selected date are extracted with
required details and shared to external collections system Oracle Banking Enterprise Default
Management (OBDEM) of Oracle Banking Product. Collections lifecycle for these contracts
can be managed in OBDEM.

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10.19 Corporate Customer 360 degree integration with Treasury, Trade and
Corporate Lending Product Processor
Corporate 360 degree screen is enhanced to pull and display details of corporate
assets/liabilities from external corporate product processors, namely Oracle Banking Trade
Finance (OBTF), Oracle Banking Treasury Management (OBTR) and Oracle banking
Corporate Lending (OBCL).

10.20 Corporate Deposit Integration with Trade Finance Product Processor

Corporate deposit module is integrated with Oracle Banking Trade Finance product processor for
External LOV and Service during CD Linkage in LC/BC Contracts.
Service changes for Corporate Deposits to block and unblock for an amount is supported.

10.21 Replication of External entities from FCUBS to OBMA Common Core

Replication of Customer and Customer Account from FLEXCUBE (FCUBS) to Oracle Banking
Micro services Architecture (OBMA) Common Core as external entities is supported. OBRH
(Oracle Banking Routing Hub) is used to convert message from FCUBS format of message to
OBMA format of message.

10.22 LATAM Cluster Feature Enhancements

Support of two Interest Modalities - Discounted & Bearing - of Loan Accounts

 Loan account is enhanced for two interest modalities - Discounted in creation,
bearing on maturity through special rollover with outstanding amount.

Cierre Handling

 Manage schedules from aging and its implications when outstanding amount of
schedule is considerably small and within residue amount or percentage
parameterized for Intermediate and Bullet Schedule types.

Clearing Process Restriction

 Restricting clearing process of external bank cheques when presented to bank for
liquidating a loan. Bank will operationally manage the external cheques.

Compound Penal Interest (Interest De Mora)

 Configuring of penal calculation for overdue accounts on schedule due date with
daily compounding.


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Accrue On start Date


 Feature to trigger accrual on components' schedule start date for its whole
amount due Control De Tasa (Rate Control)

 Controlling of interest rates between Maximum Remuneratory rate and Usura Rate,
and applying the least, so that Interest rate is always within Usura rate during
lifecycle of loan.

Conversion De Tasa (Rate Conversion)

 Maintain and convert interest rates in periodic, discounted, effective annual form.
Option to convert interest rate attributes using rate template attached to user defined
elements.

Cover Account Notification

 To send notification to customers to intimate expiry of the cover account
facility. Massive Issuance of Debit Cards

 Reissuing of debit cards in bulk, eg for promotional activities, offering additional
features, or for reissuing cards due to expiry where external system will interface
files with data.

Tracking dates for Transactions

 Allows bank to maintain and update through an interface for 'first and last
transaction date’ in ATM', 'First and last transaction date in POS' for Debit Cards.

Debit Card Query

 Querying Card details through service for Debit Card status, change history,
account and account numbers linked to Debit Card based on Customer RUT and
Debit card number.

Blocking of Debit Cards for wrong PIN tries

 Feature to block Debit cards for maximum wrong pin (validated outside FCUBS)
tries through various channels.

Support for LATAM specific ATM maintenance

 Cross validate Terminal ID during Debit Card transactions to verify its usage at
specific terminals; and to track daily transaction limit amount utilized, daily
transaction counts for ATM and POS transactions.

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10.23 DEPRICATED FUNTIONALITY

Please refer release notes for deprecated functionality.

https://docs.oracle.com/cd/F42208_01/index.htm

10.24 TERMINAL RELEASE

Please refer release notes for modules/features that would not be enhanced and eventually get deprecated
in upcoming release(s).

https://docs.oracle.com/cd/F42208_01/index.htm

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