introduction to finacle

1. INTRODUCTION TO FINACLE By - D. Majumder (UCO-Bank) UCO BANK

2. Core Banking Solution CBS stands for Core Banking Solution or Centralized banking solution. CORE stands for " centralized online real-time exchange ". Which means “online service provided through a centralized server”. This basically means that all the bank's branches access applications from centralized server installed at data centre. The software accepted by different banks including our bank is Finacle which has been developed by Infosys. Finacle is designed with service-oriented-architecture(SOA) It is a multi channel, multi currency & multi country enabled technology.

3. Objectives To compete with other banks To arrest the threat from high net worth customers To attract new generation techno savvy customers To improve payment and settlement system To monitor in a better way and improving MIS and reporting system To provide better customer service

4. Advantages for customer Branch customer to bank customer Lower incidence of errors and quick updation Faster payment system through rtgs / neft Quick realization of cheques/DD under collection Banking at home (e-banking)and mobile ATM service Cost effective and time saving

5. ADVANTAGES FOR BANKS Uniform platform Paperless banking Checked revenue leakage( updation of int. rate) Extended banking hours for customer Less Crowding at branch counters Better monitoring and control Updation of books & easy Reporting system Checked fraud and forgery and AML Business development/new products

6. User ID – First ‘Initials of Name' then ‘0’ then ‘PF No.’ i.e., dm045347 User group:-   General Users: who perform the regular banking functions and front office functions at Branches.   System Operators / Database Administrators: Those employees executing system related functions at DIT.   Inspections & Audit: This user group performs routine inspection and carries out the audit in the bank.

7. Accessibility of User: Captive User: These users can access the data belonging to his / her service outlet alone but can inquire on the accounts belonging to other SOL. Free User: These users can access the data belonging to all service outlets. Accessing all menu options also depends on whether the menu is free or not. Normally, in each branch two senior most officers are given “Free User”.

8. WORK CLASS Each user have been assigned with a Work class. The work class is associated with the menu options available in the application. Different persons of the same category can be assigned with responsibilities with reference to the application by assigning different work class. Example : Clerical........................50 CTO.A..........................60 CTO-B…………………70 Head cashier…I…..….80 Head Cashier..II..........90 Special Assistant.......100 Officer Scale-I……….150 Officer Scale-II………200 Officer Scale-III……...300 ABH………………….850 BH……………………900 DBA………………….950

9. Logging into Finacle Main Menu Sub Menu Menu Option User Defined Favorites Message area Progress indicator Action Bar

10. Key Function Key Function F1 Help Down Arrow ↓ Next record F2 List Up Arrow ↑ Previous Record F3 Quit / Exit CTRL+D Page Down on a List F4 Accept CTRL+U Page Up on a List F5 Background Menu CTRL+E Explode F6 Next Block (Next Page) CTRL+F Clear field F8 Copy record CTRL+X Insert BOD Date F9 View Signatures CTRL+F9 Memopad lookup F10 Commit SHIFT+F4 Select an item from the List F11 Validates SHIFT+F11 Transmit F12 Previous Block / Page SHIFT+TAB Go to Previous Field TAB / Enter Next Field SHIFT+F3 Go to Finacle main menu

11. TRANSACTION There are 2 types of accounts in finacle CUSTOMER ACCOUNT OFFICE ACCOUNTS Each account has to be opened under a Scheme Type and a Scheme Code There are 9 scheme types for opening customer accounts 5 scheme types for office accounts

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

13. Scheme types OFFICE ACCOUNTS OAB-Office Account Basic OAP-Office Account Pointing/ partioned DDA-Demand Draft HOC-Head Office OSP-Office System Pointing

14. ACCOUNTS Both Customer and Office of Accounts are of 14 digits. Customer account- Solid(4) Scheme type(2) Random number(8)

15. ACCOUNTS Office Accounts The function of place holder is to identify a particular account in a particular currency Sol id (4) Currency(2) Place Holder(8) (Gl subhead+act.no)

16. UCO BANK THANK YOU