Profinch Solutions, a gold level member of Oracle Partner Network (OPN), has secured Oracle Validated Integration of FinCluez 1.6 with Oracle FLEXCUBE 12.3.

Serving as an end-to-end pre-integrated offering, Oracle FLEXCUBE customers can select FinCluezto achieve business intelligence with improved agility.

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FinCluez transforms transactional data of Oracle FLEXCUBE into actionable insights for business users, who would not require help of developers, designers, or data scientists to discern this data.

Profinch Solutions executive director Ashok Kumar said: “Oracle Validated Integration positions FinCluez as a part of Oracle’s best of breed solution strategy which can help provide smarter BI solutions to banks and finance organizations.

“The integration between FinCluez 1.6 and Oracle FLEXCUBE 12.3 provides customers quick installation and visibly faster results.”

Oracle vice president of worldwide ISV, OEM and Java business developmentDavid Hicks said: “Achieving Oracle Validated Integration gives our customers’ confidence that the integration between FinCluez 1.6 and Oracle FLEXCUBE 12.3 is functionally sound and performs as tested.

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“For solutions deployed on-premises, in the cloud, or both, Oracle Validated Integration applies a rigorous technical review and test process that helps to reduce deployment risk and improves the user experience of the partner’s integrated offering.”

FinCluez comes with pre-built integration to Oracle FLEXCUBE and pre-processed business data marts, which offer critical insights across various roles and functions within a bank. This feature enables customers of the product to gain complete control and immediate business value.

Designed as a comprehensive business intelligence (BI) and analytics suite, FinCluez easily integrates with transaction systems of a bank. The data drawn from these systems are then turned into cohesive, centralised data marts, thereby serving as single data source for analytical, operational, regulatory, and compliance reporting needs.