FCI welcomes its new Sponsor member in India: Oracle Financial Services Software Limited | FCI
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FCI welcomes its new Sponsor member in India: Oracle Financial Services Software Limited
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15 February 2021

Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management and insurance. We empower banks to deliver next generation financial services. Leveraging integrated digital and data platforms banks can undertake customer-centric transformations, collaborative innovations and drive efficiencies. 

Delivering best of breed componentized solutions across cash management, trade and supply chain finance, credit and lending, treasury, payments and revenue management, Oracle enables full spectrum corporate banking. Our digitized, end-to-end, front-to-back solution for Supply Chain Finance supports the full lifecycle of supply chain finance and factoring across receivables and payables. It also offers supplier-and buyer-centric financing. When deployed on-premises or on the Cloud, corporate banks gain the flexibility needed to help their client’s optimize their supply chain operations, facilitate an efficient flow of capital and reduce transaction risk. 

Built on adaptable micro services, open architecture, Oracle Banking Supply Chain Finance provides a comprehensive set of capabilities, including:

 One-stop solution for a wide variety of financing options, including reverse factoring, supplier finance, payable finance, receivable finance, factoring and more
 Process automation for disbursement and repayment of the financing based on pre-configured parameters
 Efficient invoice and purchase order management
 Fully digitized counterparty enrollment
 Parameter-driven smart reconciliation engine
 Robust risk management
 Self-service capabilities for buyers and suppliers when paired with Oracle Banking Digital Experience
 Powered by Machine Learning (ML) for automatic data capture from scanned invoices

Oracle Banking Trade Finance provides end-to-end, front-to-back capabilities for a diverse range of trade financing products and instruments in documentary credits, guarantees, and documentary collections. It is an online, real-time solution and is enabled for multi-entity, multi-currency, multi-lingual operations. Built on highly adaptable and modular architecture with leading edge industry standards, it supports multi-tenancy deployments. Oracle’s global footprint powers the world of banking, serving over 600 customers in 140+ countries.

To learn more visit our website at https://www.oracle.com/industries/financial-services/index.html.