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Integrating Oracle ERP Cloud GL with Core Banking Data

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edited Jul 29, 2020 5:22PM in Financials – General 1 comment

Summary

We are looking to integrate financial products

Content

Hello All,

This may be more of a solution architecture query than an integration one. I am looking to integrate data from a Core Banking platform with ERP Cloud. I am looking at financial products like Current accounts and loans. I am wondering if the core banking platform is unable to provide the data in a format that is readable by Oracle ERP Cloud GL, then how do we consolidate data into GL from a core banking application?

I understand that the CoA has to be developed in a way to have segments for branches, product type so that the core banking application can consolidate entries based on the above and apply certain accounting rules on it. I am wondering if AHCS is the right component to integrate with a 3rd party to apply accounting rules to the data and interface it with primary GL. 

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