Preface
This topic contains the following sub-topics:
Background
Oracle Financial Services Software Limited has developed Oracle® Banking Origination to offer seamless flexibility to financial institutions for easy adaptability to market needs and to enable banks to streamline their operations using Task based workflows and improve their overall operational efficiency while onboarding various Banking products across Savings Accounts, Current Accounts, Term Deposit Accounts, Credit Card Accounts and Loan Accounts.
Oracle® Banking Origination is the middle office banking solution with a comprehensive coverage of Retail Banking origination processes. It enables Banks to deliver improved user experience for various Bank personas handling defined functions in the lifecycle of the various product originations.
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Purpose
The purpose of this Release Notes is to propagate the enhancements of the current release in the Oracle® Banking Origination.
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Audience
This guide is intended for the following audience:
- Customers
- Partners
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Documentation Accessibility
For information about Oracle's commitment to accessibility, visit the Oracle Accessibility Program website at http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc.
Access to Oracle Support
Oracle customer access to and use of Oracle support services will be pursuant to the terms and conditions specified in their Oracle order for the applicable services.
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Critical Patches
Oracle advises customers to get all their security vulnerability information from the Oracle Critical Patch Update Advisory, which is available at Critical Patches, Security Alerts and Bulletins. All critical patches should be applied in a timely manner to ensure effective security, as strongly recommended by Oracle Software Security Assurance.
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Diversity and Inclusion
Oracle is fully committed to diversity and inclusion. Oracle respects and values having a diverse workforce that increases thought leadership and innovation. As part of our initiative to build a more inclusive culture that positively impacts our employees, customers, and partners, we are working to remove insensitive terms from our products and documentation. We are also mindful of the necessity to maintain compatibility with our customers' existing technologies and the need to ensure continuity of service as Oracle's offerings and industry standards evolve. Because of these technical constraints, our effort to remove insensitive terms is ongoing and will take time and external cooperation.
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Related Resources
For more information, refer to the following documents:
- Oracle Banking Origination User Guides
- Oracle Banking Origination License Guide
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Conventions
The following text conventions are used in this document:
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boldface |
Boldface type indicates graphical user interface elements associated with an action, or terms defined in text or the glossary. |
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italic |
Italic type indicates book titles, emphasis, or placeholder variables for which you supply particular values. |
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Monospace type indicates commands within a paragraph, URLs, code in examples, text that appears on the screen, or text that you enter. |
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Acronyms and Abbreviations
Table -1 Acronyms and Abbreviations
| Abbreviation | Description |
|---|---|
| APR | Annual Percentage Rate |
| APY | Annual Percentage Yield |
| BNPL | Buy Now Pay Later |
| CCA | Composite Component Architecture |
| CASA | Current Account / Savings Account |
| CAOD | Current Account with Overdraft |
| CFPM | Credit Facilities Process Management |
| DS | Data Segment |
| EPI | Equated Periodic Instalment |
| FIDM | Financial Institution Data Match |
| FOP | Formatting Objects Processor |
| GL | General Ledger |
| IOI | Interest Only Instalment |
| IPA | In-Principle Approval |
| IRA | Individual Retirement Account |
| LMI | Lenders Mortgage Insurance |
| LTV | Loan to Value Ratio |
| NLP | Natural Language Processing |
| OBA | Oracle Banking Accounts |
| OBRLS | Oracle Banking Retail Lending Services |
| OBRH | Oracle Banking Retail Hub |
| OCR | Optical Character Recognition |
| OD | Overdraft |
| OFAC | Office of Foreign Assets Control |
| SLA | Service Level Agreement |
| SMB | Small and Medium Business |
| UI | User Interface |
| UDE | User-Defined Elements |
Parent topic: Preface