Oracle FLEXCUBE (FCUBS) provides comprehensive functional capabilities across multiple lines of business and banking segments. JAMS automation was considered for the following critical functions in terms of scheduling automation solution and proved to be the best fit.
1. SLA driven Overnight batch processes (End of Day and Beginning of Day) to complete complex tasks such as interest and tax computation, incoming and outgoing payments processing, loans amortization and repayments, hand-off files consumption and generation from/to various external systems and interfaces, etc. All these overnight batches are automated and are scheduled using JAMS setup approach.
2. The calendar and time bound automation of outgoing payments and settlement processing files to the clearing houses.
3. Comprehensive solution across scheduled tasks followed by status/health tasks, which would send notifications/alerts to the Flexcube support team.
Overall, interfacing JAMS with Flexcube Core Banking product has simplified complex tasks and has brought in stability and robustness to our core banking platform. Review collected by and hosted on G2.com.