FINACLE
About FINACLE
A core banking solution called Finacle gives banks access to online banking features. The Java and C/C++-written software was made available in 1999. (Stable version released in 2000). Over 1.05 billion consumers and 1.3 billion accounts are served by Finacle, which is utilized extensively by banks in 100 different countries.
Why is FINACLE important?
Finacle gives banks the ability to automate their inter-organizational operations using Blockchain technology. It is implementing blockchain-based networks for banks in collaboration with several clients.
- Single view across product lines and geographies
- Customer Profile Creation and Enrichment
- Service Management
- Ease of Use
- Simple Integration
- Cross-sell Framework
Who should take the FINACLE Exam?
- Software programmers
- Bankers
- Students,
- Financial experts
- Finacle partners
FINACLE Certification Course Outline
- Creation of a customer master
- Opening of various Bank accounts viz SB/CA/CC/Loans etc
- Inventory Control
- Remittances
- Transactions in Finacle
- Term Deposit management
- Clearing modules
- Day Begin and Day End Concepts
- Inquiries and Reports generation
Certificate in FINACLE FAQs
What is the purpose of the FINACLE Certification Exam?
The FINACLE Certification Exam is designed to validate a candidate’s knowledge and skills in configuring, managing, and customizing the FINACLE core banking platform within financial institutions.
Is any prior experience required before taking the FINACLE exam?
While not mandatory, prior experience working with FINACLE or in banking operations, IT support, or system administration roles is highly recommended to successfully understand the exam content.
What topics are primarily covered in the FINACLE certification exam?
The exam covers system architecture, core modules, scripting with FINSCRIPT, system configuration, database management, integrations, upgrades, and compliance-related features within the FINACLE environment.
How is the FINACLE Certification Exam structured?
The exam typically includes multiple-choice questions, scenario-based problems, and practical configuration tasks designed to test both theoretical understanding and application skills.
What is the duration and format of the exam?
The duration usually ranges from 90 to 120 minutes depending on the certifying body, and it may be conducted either online under proctoring or at an authorized training/testing center.
What is the minimum score required to pass the FINACLE exam?
The passing score generally falls within the range of 65% to 75%, depending on the exam’s difficulty level and the certifying authority’s standards.
Are there different levels of FINACLE certification available?
Yes, FINACLE certifications may be offered at foundational, associate, and expert levels, allowing professionals to progressively build their expertise.
Is the certification focused only on technical roles or functional users as well?
The certification is beneficial for both technical users such as system administrators and developers, as well as functional users including operations staff and business analysts.
Can I retake the FINACLE exam if I do not pass on the first attempt?
Yes, most providers allow retakes after a specified cooling-off period. Additional fees and registration may apply for each subsequent attempt.
What resources are best for preparing for the FINACLE exam?
Recommended resources include official FINACLE user manuals, training from authorized Infosys partners, practical experience on sandbox environments, and study of relevant banking processes.