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Vendor Oracle
Exam Number 1Z0-413
Exam Name Oracle FLEXCUBE Universal Banking 12 Technical Implementation Essentials
Questions 83 Q & A
Recent Update March 16, 2018
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Union financial institution deploys ‘Oracle Flexcube’ to raise operations | killexams.com real questions with brain dumps

Union financial institution of Nigeria Plc (UBN) has deployed the Oracle Flexcube popular Banking solution 12.0, a new core banking utility brought to modernise its infrastructure, enhance operating efficiency and consumer carrier beginning.

The latest version of Oracle Flexcube become deployed by way of the lender because the single working platform for its country wide network.

The financial institution’s neighborhood Managing Director/CEO, Mr. Emeka Emuwa spoke of the brand new platform is according to the financial institution’s goal of fitting a extremely respected provider of pleasant banking capabilities inside six areas of focal point. He noted the lender is focusing on excellent of consumers event, pleasant of customer base, best of skill, nice of banking platform, exceptional of expert requirements and first-rate of the banks’ profits.

Chief suggestions Officer (CIO) of the financial institution, Yomi Akinade spoke of with the brand new platform, the lender could be enhancing and standardising its operations throughout the nation by way of leveraging on the capabilities of the new technology. “we will have a typical operating platform in our extensive network of over 320 branches across Nigeria,”   he mentioned.

Akinade noted the software, already deployed, places lender on the precise with this state of the artwork know-how.

He mentioned seeing that the bank launched into restructuring in 2010; his crew has applied smartly over 70 expertise initiatives. “There are three key areas on the over 70 expertise tasks, which encompass: enhancing consumers’ capabilities, securing consumers and the bank’s statistics as well improving our productivity as an institution,” he affirmed.

He disclosed that throughout the time of the improve, purchasers and the standard public might also adventure some challenges, however measures have been put in area to make certain continuous seamless service birth in case of disruptions right through implementation.

“As you well be aware of, for those who go are living with a big big complicated mission like this, there could be teething concerns. So, there are challenges and valued clientele should remember this; however is for their own long run improvement; as a result of we'd have a plenty extra sophisticated provider offering when the device runs totally,” he introduced.

He affirmed that the financial institution is trying to bring all of its third birthday party applications up in the earliest viable time, when over 90 per cent of those purposes could be working.

He listed one of the most challenges being experienced with the current equipment as the renovation of dissimilar servers in branches, regular want for gadget enhancement when a new field is required on the equipment.

based on Akinade, others are earnings leakage on account that some fees and new items could not be automated or configured, customer mandate maintained on third celebration applications in its place of the core banking utility, complexity in report generation, audit path on maintenances and problem of account replication from the retail to the company modules are some of the challenges with the historic edition.


Nigeria: Nouvobanq select Oracle Flexcube solutions | killexams.com real questions with brain dumps

connected themes
  • Banking

    Nigeria: Jim Ovia Attributes Achievements of CBN Governor to practising At UNN

    Nigeria: Nigeria Has Deep Cultural considerations Affecting assurance growth - CIIN Boss

  • Nouvobanq has selected Oracle FLEXCUBE typical Banking solution and Oracle FLEXCUBE Direct Banking answer to aid the bank's turning out to be retail and company banking operations.

    The Oracle FLEXCUBE options will supply a highly scalable infrastructure that allows for the financial institution to meet its aggressive increase plans.


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    Killexams 1Z0-413 Real Questions Sample

    1Z0-413 Certification Brain Dumps Source : Oracle FLEXCUBE Universal Banking 12 Technical Implementation Essentials

    Test Code : 1Z0-413
    Test Name : Oracle FLEXCUBE Universal Banking 12 Technical Implementation Essentials
    Vendor Name : Oracle
    Q&A : 83 Real Test Questions/Answers

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