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
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.
11. 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
12. 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
15. ACCOUNTS
Both Customer and Office
of Accounts are
of 14 digits.
Solid(4) Scheme Random
Customer account- type(2) number(8)
16. 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)
