profinch

UK-based challenger bank successfully executes multi-country implementation Oracle FLEXCUBE Core Banking Solution (CBS) along with OBPay and OB API

Core Banking

The client is a UK-based challenger bank focused on hassle-free domestic and international transfers, peer-to-peer payments, and retail and agrarian microlending programs.

Challenge Ahead

The client bank was looking at a strategic partner to help them with a multi-country implementation of Oracle FLEXCUBE Core Banking Solution (CBS) along with OBPay and OB API in a hybrid cloud (AWS+OCI) environment. Owing to the expertise of Oracle FLEXCUBE CBS along with OBPay and OB API in a hybrid cloud (AWS+OCI) environment, Profinch was signed up as the strategic partner.

Project Scope

The scope of project was finalized as per below:

Highlights

The implementation was successfully completed and the client digitally capacitated in the stipulated timeline.

Conclusion

Partnering with a challenger bank at its outset and setting up core systems was exciting for the Profinch team. The team could handhold and guide the bank, bringing in significant value. Profinch was successful in setting up a robust scalable foundational system for the bank and empowering them with the technical know-how required for driving operational efficiencies.