core banking

The client is one of the oldest and premier banks in the Republic of Tajikistan offering a full range of financial products and services. The bank maintains an extensive customer base across individuals and corporates and is a marquee financial institution in the country.


The client was looking at fortifying its systems with end to end implementation of Oracle FLEXCUBE version 12.2.0 & and Direct Banking (FCDB 12.1.0). It was crucial for the client to partner with a company with established competence and experience of implementation across a range of clients and geographies. After multiple rounds of discussion, the bank decided to go ahead with Profinch.


The scope of the project was finalized as per below
Go-live and post go-live support and handover
Gateway implementation for external application integration
ATM/POS implementation
Integration of Card Management System
Additional Interfaces and Modules
Migration of Core parameters, products and Interfaces set-up, delivery of all necessary scripts needed to execute the business data migration from legacy system, migration of all Interfaces from NAME to Flexcube Version 12.2, migration of reports to Oracle Business Intelligence Enterprise Edition (OBIEE)
Implementation of Oracle FLEXCUBE Direct Banking
Implementation of Oracle FLEXCUBE – UBS


The project saw completion within the mutually agreed timeline. Seamless handover and extensive user training ensured that the client team hit the ground running post implementation.
core banking
Automation of all incoming Local and International Payment transactions.
core banking
Ease of generating transaction wise MIS reports based on the Category and Purpose codes captured in Flexcube due to customizations done.
core banking
Ease of obtaining customer details online while onboarding customers with the help of customizations done in Flexcube.
core banking
Ease of fetching and processingdaily exchange rates maintenances in Flexcube with the help of customizations done in Flexcube.
core banking
Ease of performing International and Local remittances to agencies with the help of customizations made in Oracle Flexcube.
core banking
All external transactions in Flexcube captured on a real-time basis because of the integration with the Card Management System.


The implementation of Flexcube and concomitant integrations mark a significant foray into fintech for the client. The range of customizations done to meet specific client requirements have helped amplify the benefits of Flexcube as a robust CBS. It has led to streamlining and simplifying several processes, standardizing them and improving overall efficiencies.