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FINACLE

1.Finacle is a core banking suite developed by India's Infosys Technologies that


provides universal banking functionality to banks.
Released in 1999.it is a software accepted by some of the banks like
1. Andhra Bank ,2. Axis Bank
3. Bank of Baroda 4. Bank of India
5. Corporation Bank
6. Dena Bank
7. Federal Bank
8. ICICI Bank 9. IDBI Bank 10. Indian Overseas Bank 11. India Post
Payments Bank 12. IndusInd Bank
13. Karnataka Bank 14. Kotak Mahindra Bank
15. Oriental Bank of Commerce
16. Punjab & Sind Bank 17. Punjab National Bank
18. South Indian
19. UCO Bank 20. United Bank of India 21. Union Bank of India
22. Vijaya Bank

2.In 2003, India�s largest bank, State Bank of India (SBI), deployed Infosys�s
Finacle core banking, e-banking and treasury solutions across its foreign branches
outside India.[5] SBI implemented Finacle in 25 countries.

3.Finacle is a core banking system which used by banks to process various tasks
and update their databases based on the kind of operations performed like below

Customer detail update


Any financial transaction.
Periodic operations such as interest calculation, standing instruction, recurring
payment etc.
Thus various commercial, online and may be forex banking services are provided. It
is known for its various facilities as :-

Flexible reporting.
Interactive interface.
Normalised databases structure.
High speed processing capability.

4.finacle uses service oriented architeture (SOA).

5.customer account number is 14 digits (solid(4),schemetype(2),random digits(8))

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