Oracle Banking Platform 2026: Benefits, Features & Pricing

Oracle Banking Platform is a web-based banking software, which helps the financial services industry procure and deploy components according to individual requirements, mitigate technology risks, build customer-centricity, systematically replace products and components over time, and pursue business innovation. Key features include industrialized banking, product management, risk-free collections, integrated workflows, customer-centric pricing, and queue-based allocation.

Teams using Oracle Banking Platform can adopt new distribution strategies, implement key enterprise services, and streamline and automate business processes helping them transform their business models. The platform allows managers to get a holistic view of customer relationships across all products and services and adopt relationship pricing to significantly reduce attrition. Additionally, it enables users to consolidate back-office operations and enhance service hub and sourcing strategies.

Oracle Banking Platform can be deployed at both application- and enterprise-level, allowing businesses to strike a balance between simplification and innovation.