Under the terms of the deal, the bank has gone live with Oracle’s Flexcube Universal Banking System as its core banking platform. International Bank of Azerbaijan has thus replaced its former banking system with Oracle Flexcube universal banking services suite. Oracle Flexcube covers all major areas of banking operations and supports internationally recognized standards.
The bank is set to employ using Oracle Flexcube in order to help achieve a single view of its customers across all the products and services employed within the institution.
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