Architectural Considerations for Integrating with Finacle

© 2024 by IJCTT Journal
Volume-72 Issue-6
Year of Publication : 2024
Authors : Prasenjit Banerjee, Rajarshi Roy
DOI :  10.14445/22312803/IJCTT-V72I6P108

How to Cite?

Prasenjit Banerjee, Rajarshi Roy, "Architectural Considerations for Integrating with Finacle," International Journal of Computer Trends and Technology, vol. 72, no. 6, pp. 59-63, 2024. Crossref,

In today's world, every organization uses several different applications across the customer lifecycle journey. Core banking application is like the central nervous system of a bank. It needs to be integrated with all the peripheral systems of the bank. These systems include the CRM system, the internet banking systems, Mobile apps, to back-end systems used by banks for their payment reconciliation or connect to ATM networks. All these systems have different integration requirements. Some of these systems, such as ATMs, need the information in real time or as latest as possible. At the same time, other systems such as printing a checkbook, may wait for the end of the day. In this article, we have explored the various ways to Integrate applications with Finacle. Finacle provides a host of different options for Integrating with it.

Finacle, Finacle integrator, API, System integration, Middleware, Service oriented architecture.


[1] Noussair Fikri et al., “An Adaptive and Real-Time Based Architecture for Financial Data Integration,” Journal of Big Data, vol. 6, pp. 1- 25, 2019.
[CrossRef] [Google Scholar] [Publisher Link]
[2] Norbert Bieberstein, Service-Oriented Architecture Compass: Business Value, Planning, and Enterprise Roadmap, FT Press, 2006.
[Google Scholar] [Publisher Link]
[3] Latha Srinivasan, and Jem Treadwell, “An Overview of Service-Oriented Architecture, Web Services and Grid Computing,” HP Software Global Business Unit, vol. 2, pp. 1-13, 2005.
[Google Scholar] [Publisher Link]
[4] Tony Chao Shan, and Winnie Wei Hua, “Service-Oriented Solution Framework for Internet Banking,” International Journal of Web Services Research, vol. 3, no. 1, pp. 29-48, 2006.
[CrossRef] [Google Scholar] [Publisher Link]
[5] Peter Gomber et al., “On the Fintech Revolution: Interpreting the Forces of Innovation, Disruption, and Transformation in Financial Services,” Journal of Management Information Systems, vol. 35, no. 1, pp. 220-265, 2018.
[CrossRef] [Google Scholar] [Publisher Link]
[6] Markos Zachariadis, and Pinar Ozcan, “The API Economy and Digital Transformation in Financial Services: The Case of Open Banking,” SSRN, pp. 1-28, 2017.
[CrossRef] [Google Scholar] [Publisher Link]
[7] Ummu Hani’ Binti Hair Zaki, “Web Service Architecture for Scholarly Publication,” PhD Dissertation, Universiti Teknologi Malaysia, 2016.
[Google Scholar] [Publisher Link]
[8] Fatna Belqasmi, Roch Glitho, and Chunyan Fu, “Restful Web Services for Service Provisioning in Next-Generation Networks: A Survey,” IEEE Communications Magazine, vol. 49, no. 12, pp. 66-73, 2011.
[CrossRef] [Google Scholar] [Publisher Link]
[9] Felipe Osses, Gastón Márquez, and Hernán Astudillo, “An Exploratory Study of Academic Architectural Tactics and Patterns in Microservices: A Systematic Literature Review,” Advances in Software Engineering at the Ibero-American Level, pp. 71-84, 2018.
[Google Scholar] [Publisher Link]
[10] Konstantinos Vandikas, and Vlasios Tsiatsis, “Microservices in IoT Clouds,” Cloudification of the Internet of Things, IEEE, pp. 1-6, 2016.
[CrossRef] [Google Scholar] [Publisher Link]
[11] Davide Taibi, Valentina Lenarduzzi, and Claus Pahl, “Architectural Patterns for Microservices: A Systematic Mapping Study,” CLOSER 2018: Proceedings of the 8th International Conference on Cloud Computing and Services Science, Funchal, Madeira, Portugal, 2018.
[Google Scholar] [Publisher Link]
[12] Emirates NBD Bank Achieves End-to-end Traceability and Efficiency by Implementing Finacle Core Banking Automation Testing Solution. [Online]. Available: