Finacle Reviews & Product Details - Page 3

The tool has multiple menu options and functions that assist in the growth of the business. Finacle is used both in retail banking and credit banking without fail. Review collected by and hosted on G2.com.

There is nothing that I dislike about the tool. Review collected by and hosted on G2.com.

This software is beneficial in maintaining detailed consumer banking data. It is easy to use and helps in the quick retrieval of data. Review collected by and hosted on G2.com.

The user needs to remember many commands to use the software. There are 6--70 commands which are difficult to remember. Review collected by and hosted on G2.com.

I worked with Finacle for years and it is very simple and efficient software to work with.

The user interface is good and the system runs smoothly without any lag. Review collected by and hosted on G2.com.

Sometimes the server is down which creates a lot of problems for banking transactions.

Occasionally user may get block due to system glitch thus a co worker need to unblock the block person Review collected by and hosted on G2.com.

The shortcut menus are very well designed and it is very easy to toggle between two different modules while working. Review collected by and hosted on G2.com.

Very often the system freezes and it is frequently overloaded Review collected by and hosted on G2.com.

Modular architecture and ease of improvement in functionality. Availability of all essential modules for all banking functions assets, liability, trade financing. Review collected by and hosted on G2.com.

Some modules are not working best if we go for few selective modules considering the tight budget. Always prefer to buy all relevant modules Review collected by and hosted on G2.com.

It is Easy to Use application. Auto guidance is the best feature of it. Review collected by and hosted on G2.com.

Training is required initially to work on it. Without training, a normal personal cannot work on it. Review collected by and hosted on G2.com.

Finacle helps in slightly modernizing workflows that were originally developed within a mainframe context.

Slightly.

In particular, Finacle's idea of upgrading from the mainframe paradigm is similar to the undertakings done by various free/libre/open source and proprietary software to create an HTML-based UI for existing green screens.

One malus that Finacle has, compared to its competition, is its ability to somehow take away the one advantage a green screen (and a possibly HTML 5-ized view thereof) has: speed through simplicity. Review collected by and hosted on G2.com.

Finacle is dependent on Java 7, with no support for later versions.

Please note that Java 8 is the last long-term-support Java version to support applets.

Please note that, if the applets that drive Finacle have been developed within standards, then said applets should have worked in Java 8.

You know, the version that has security updates?

Incidentally, Finacle only works in Internet Explorer, which is admittedly the last, and at this point, the only browser that supports Java applets.

This bad combination of technologies could have been easily justified if the resulting functionality it has introduced to Finacle is at least on par with its hoity-toity HTML 5-driven brethren.

(It's not.)

In particular, the main reason why applets are even used by the process seems to just be the following:

* To allow for securing the application, which, in retrospect is counterfactual, since an HTML 5 site delivered via HTTPS with proper auditing in its Javascript would provide better security, user-friendliness and ease of development.

(Applets are not safe, hence the removal of their support from every browser whose acronym cannot be pronounced as a scream for help. IE. Aieee.)

* To allow for pop-ups to appear when additional login information is required, even though IE supports pop-ups.

* To allow for querying information as you type them in a field, which is supported by every browser. In particular, the underlying technology behind it (XMLHTTPRequest) existed in IE _first_. Review collected by and hosted on G2.com.

I like it because it makes it possible in less time to launch new products and services, which helps banks to obtain a substantial return on transformation investments and a reasonable improvement in their time to market. Review collected by and hosted on G2.com.

I consider technical support to be regular. Review collected by and hosted on G2.com.

This system has made the service operation easier especially when lending, treasury and deposits. Review collected by and hosted on G2.com.

There is nothing to be deemed negative in terms of usage about this system so far. Review collected by and hosted on G2.com.