Certification: Oracle FLEXCUBE Universal Banking 11 Basic Certified Implementation Specialist
Certification Full Name: Oracle FLEXCUBE Universal Banking 11 Basic Certified Implementation Specialist
Certification Provider: Oracle
Exam Code: 1z0-561
Exam Name: Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials


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"Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials Exam", also known as 1z0-561 exam, is a Oracle certification exam.

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Certification Overview

Aim

The certification aims at providing knowledge in different areas such as security, implementation methodology, core entries,functional architecture and services like CASA, Swift, PC, CIF, ICCF, ELCM, SI, FA, CD, IC MM, FX, CL XP and NR. The Oracle FLEXICUBE Banking solution allows banks to lend their operation's agility, lower costs, reduce the operational risks, enhance service to their customers and enhance their income based fee. It has also enabled integration of existing application landscapes possible.

Who should do this Certification?

This certification is best suited for those using Oracle FLEXCUBE. The Oracle FLEXCUBE Universal Banking 11 Basic Certified Implementation Certification is available to all candidates. It is geared toward Oracle Partner Network members whose main focus is to sell and implement Oracle FLEXICUBE Universal Banking. Also those who want to get employment in financial institutions or want to start their institutions, this certification will sweat them.

Benefits

Those possessing the certification get high ranking job positions. The Oracle Partner Network (OPN) members who earn this certification get recognition as certified specialists of OPN while their member companies qualify in specialization in Oracle FLEXCUBE Universal Banking.

Associated Exams

The exam associated in this certification is 1Z0-561Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials Exam. This is the second step in the certification path. Passing this exam enables you to move on to the next step of the certification.

Prerequisites

Knowledge and skills in other Oracle certifications will be helpful. Work experience in a relevant field is recommended. Work experience in a related field will also help.

Examination Overview

The main topics covered are as follows:

  • Support Methodology and Implementation
  • Basic Concepts of FLEXCUBE
  • Money Markets (MM)
  • Management of the securitysystem
  • Corporate Deposits(IC)
  • Limits Expatiation andManagement of Collateral (ELCM)
  • Funds Transfer
  • Payments and Collections
  • Core Services and Core Entities
  • Customer Maintenance (CIF)
  • Current and Savings Account (CASA)
  • (SI)Standing Instructions
  • (NR)Nostro Reconciliation
  • (CL)Consumer Lending
  • (FX)Foreign Exchange
  • Retail Teller

This certification validates your skills in customized reports, canned reports, support methodology, implementation methodology, deployment options and architecture.EC Council helps the candidates prepare for the certification exam. It provides a candidate with the opportunity to opt for instructor led online training, training at client site, the courseware alone or a self-paced program. At the end of the training program a candidate is required to go through an online exam.This is a closed book exam and no reference material is allowed.

There is no fixed passing score for 1Z0-561 Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials Exam this exam,the passing score will be displayed on your computer screen before the exam begins. The number of multiple choice questions that are to be answered within a duration of 120 minutes (or two hours) is 79.The validation of this 1Z0-561 Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials Exam is against version 11.1.

Validity of the Certification

The Oracle FLEXCUBE Universal Banking 11 Basic Certified Implementation Certificationis valid for long life. It does not require renewals. The certification will stay valid for as long as a new certificate of the same is released.

Steps Involved in this Certification.

There are three steps involved in Oracle FLEXCUBE Universal Banking 11 Basic Certified Implementation Certificationwhich are:

1st step: Training; Oracle FLEXCUBE Universal Banking Solution Implementation course.

2nd Step: Exam; Pass the 1Z0-561 Oracle FLEXCUBE Universal Banking 11 Basic Certified Implementation Specialist exam.

3rdStep: Form: Make sure that you have appropriately filled the course registration form before submission.

The steps do not have to be completed in order of sequence as outlined above. However you are required to complete all the other steps before completing the course submission form.

Expert Review

An Oracle certification demonstrates that you have a solid understanding of a job role and the oracle products used in that role. Being an Oracle Certified Professional can help raise your visibility and increase your access to the industry's most challenging opportunities. Get certified for Oracle FLEXCUBE Universal Banking 11 Basic Certified ImplementationCertification from Oracle and reap this distinct merit. This certification differentiates an expert from a professional. For one to be promoted from his current job position, you must have worked for a certain number of years (experience). You can reduce these yeas to almost zero by upgrading your knowledge and skills. Oracle FLEXCUBE Universal Banking 11 Basic Certified Implementationcertificate holders are one of the employees who receive good salary. Get this certification from oracle and reap these benefits.

Will Craig, Dresser-Rand Group

Jeddah, Saudi, Arabia.

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