1.1.2 Integration Scope in Oracle FLEXCUBE Investor Servicing System

This topic describes about the integration scope in Oracle FLEXCUBE Investor Servicing System.

The following integration activities take place in Oracle FLEXCUBE Investor Servicing.

• Update the CIF details based on the customer creation and modification data received from FCUBS.
• Validate whether a customer record can be closed and update the FCUBS data store accordingly.
• Fetch customer account details from FCUBS while creating unit holder accounts.
• Based on US Indicia changes in FCIS, FATCA classification is created and updated in FCUBS.
• Update the unitholder details based on FATCA classification changes received from FCUBS.
• Handoff the mutual fund details to FCUBS for displaying in 360-degree customer view.
• Maintain markup percentage to decide the buffer percentage for amount block.
• Request FCUBS to place, modify and release amount blocks.
• Save/Reject the transaction based on the response received from FCUBS for the amount block.
• Generate accounting entries as part of the Mini EOD and EOD process.
• Generate batch requests to FCUBS for amount blocks for Systematic Investment Plan (SIP) transactions.
• Pass reversal entries in case of settlement failure.