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FINACLE OPERATIONAL DATA STOREGet the most out of data, cost effectively!
Banks grapple with colossal amounts of data, often dispersed across disparate systems in their environment. The arising challenges include:
• Collation and consolidation of information with minimal manual intervention
• Transformation of data into meaningful enterprise-wide reports and undertaking data analysis for business effectiveness measurement
• Unified presentation of data
• Leveraging data to drive up revenues and profitability
Decision makers are constantly driven to reduce the time taken and the costs incurred to mine and leverage the wealth of information
available on customers, markets and operations. Consistent reports generation is deemed critical to empower end-users with relevant
information, to better segment understanding, increase cross sell opportunities, personalize products, identify emerging opportunities,
manage risks better and create differentiation. A proven means of addressing these challenges is a technology enabler that ably manages the
bank’s data.
External Document © 2016 EdgeVerve Systems Limited
Finacle operational data store
Finacle operational data store empowers banks with a secure and reliable technology infrastructure to derive optimal value from data,
and meet a whole range of operational, business and strategic objectives. This is enabled through support for data access and retrieval on
demand. The store can be effectively leveraged to meet the bank’s demand for reporting, risk management, analytics etc. The easy-to use
operational data store provides decision makers an anytime-anywhere unified view of the bank’s structured operational data. It supports
consistency of data, playing a pivotal role in transforming key institutional data into measurable performance indicators.
Functional architecture
Source System
Downstream Applications
Finacle ODS
Partner Solutions
Customer Analytics
Credit Analytics
Operations Analytics
Analytics (Finacle Analyze)
Enterprise Customer View
Enterprise wide Risk
Uni�ed View
Data Layer
ETL
&St
agin
g A
rea
Finacle e-Banking
Finacle CRM
Finacle Treasury
Finacle Core
Finacle Family
General Ledger
Human Capital Management
Supply Chain
Non Finacle Applications(For illustration)
Rich Pricing
Regulatory
Risk Management
External Document © 2016 EdgeVerve Systems Limited
Layer architecture
Key modules
Data provisioning
• Comprehensive data provisioning
across different subject areas (Loans
and deposits, operative accounts, trade
finance, wealth management, CRM,
e-banking, treasury, payments, pricing
and regulatory related data attributes)
• Extracts to support regulatory
reporting, MIS reporting systems,
asset liability management, risk
management solutions and
relationship-based pricing
• Comprehensive business and technical
metadata including provision on
ownership, stewardship details
Data model structure
• Standardized data model, tuned for
core banking systems, for yielding
operational BI
• Support for entity-based definition and
leveraging of Soft Referential Integrity
(SRI) constraints for relationships
• Flexible and highly customizable
• Extensibility to accommodate new data
sources and to provide additional
data elements
Technology features
• Industry standard best practices on
Extraction, Transformation and Load
(ETL) implemented at architecture,
design and base code levels
• Well integrated and seamless data
sourcing from Finacle UBS
• Pre-built ETL patterns and enforced
data governance allow non-Finacle
data sources to be added in a
standardized way with equal ease
• Parallelized ODS ETL help achieve
minimal and flexible interdependencies
amongst 600+ ETL jobs
• Data error and audit management: pre-
built, configurable and comprehensive
• Well documented and integrated
metadata, which also drives scheduled
ETL loads
Business benefits
Increased business agility
Finacle operational data store provides
banks an efficient and effective means
of meeting their regulatory, analytical
and MIS reporting requirements. This
streamlines data dissemination processes
and enables decision-makers to respond to
business imperatives with greater agility.
Improved performance
Finacle operational data store takes on
the rigors of managing operational data,
relieving OLTP and other transactional
systems at the bank off the load. This
eliminates the need for access to the
production database for generation
of reports, significantly enhancing
performance of the transactional
infrastructure.
Greater reuse and lower maintenance costs
Coupled with its integrated metadata,
elements for data governance and ability
to integrate multiple data sources, Finacle
operational data store enables a relatively
cost efficient means of managing the
maintenance of multiple
downstream extracts.
Finacle
Other RDBMSApplications
Flat Files
UserInterfaces
User Management
Dispatch Management
Data SecurityManagement
Metadata
Uni-Directional DataInterfaces
Downstream Extracts
Aligned with Finacle roadmapExtendible data model (business area model)Tool agnostic metadata solution
Extensive audit management
Data “push” and “pull” possible from source systemsHierarchical structures for summarization and navigation across region, zone, branch etcAbility to perform historical and trend analysisSupports complex data tranformationsCan act as a system of recordIntegrated metadata
Flat Files
UI Data
Finacle
RDBMS
Erroneous Data Dump
Ad-Hoc Reports
Canned Reports
Dashboards
Error Reports
Hom
ogen
ized
&In
tegr
ated
Dat
a
Products
Transactions
Account
CIF
Other Entities
Sour
ced
Dat
aD
ump
Finacle
RDBMS
Flat Files
UI Data
ETL
Indicative Subject Areas
CRM CoreProducts e-Banking
WMS TradeFinance TreasuryE TL
Semantic Layer
Comprehensive error and reconcilliation process
Rich PricingRegulatoryRisk Management
Out-of-the-box featuresLegend
Solution part ready to deploy with minor changes
www.finacle.comFor more information, contact [email protected]
©2016 EdgeVerve Systems Limited, a wholly owned subsidiary of Infosys, Bangalore, India. All Rights Reserved. This documentation is the sole property of EdgeVerve Systems Limited (“EdgeVerve”). EdgeVerve believes the information in this document or page is accurate as of its publication date; such information is subject to change without notice. EdgeVerve acknowledges the proprietary rights of other companies to the trademarks, product names and such other intellectual property rights mentioned in this document. This document is not for general distribution and is meant for use solely by the person or entity that it has been specifically issued to and can be used for the sole purpose it is intended to be used for as communicated by EdgeVerve in writing. Except as expressly permitted by EdgeVerve in writing, neither this documentation nor any part of it may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, printing, photocopying, recording or otherwise, without the prior written permission of EdgeVerve and/ or any named intellectual property rights holders under this document.
About Infosys FinacleFinacle is the industry-leading universal banking solution from EdgeVerve Systems, a wholly owned subsidiary of Infosys. The solution helps financial institutions develop deeper connections with stakeholders, power continuous innovation and accelerate growth in the digital world. Today, Finacle is the choice of banks across 84 countries and serves over 547 million customers – nearly 16.5 percent of the world’s adult banked population.
Finacle solutions address the core banking, e-banking, mobile banking, CRM, payments, treasury, origination, liquidity management, Islamic banking, wealth management, and analytics needs of financial institutions worldwide. Assessment of the top 1000 world banks reveals that banks powered by Finacle enjoy 50 percent higher returns on assets, 30 percent higher returns on capital, and 8.1 percent points lesser costs to income than others.