Core Banking Modernization
Core Banking Modernization: Future-Proof Banking: Real-Time Core Modernization
1. The Platform for Digital Transformation
Our solution provides banks with a comprehensive platform for digital transformation, offering features like real-time processing, open APIs, and customer insights to support critical services such as payments, lending, and investing. Used by financial institutions globally and recognized as a leader in the industry, our platform excels particularly for its cloud-based and API-led capabilities.
Real-Time Processing: Features a real-time processing engine to handle transactions and operations efficiently. This capability enables immediate fund availability, instant loan approvals, and up-to-the-second balance updates, meeting modern customer expectations for immediacy.
Digital Banking Power: Powers digital transformation for a wide range of financial institutions, from traditional bricks-and-mortar banks to purely digital banks. It provides the backbone necessary to launch and scale cutting-edge consumer and business services.
2. The Architecture: Agility and Innovation
Open APIs and Microservices: The solution is built with open APIs and microservices architecture to enable faster innovation and seamless integration with third-party services (FinTechs, payment providers, data aggregators). This open approach allows banks to easily assemble best-of-breed solutions and create new revenue streams.
Cloud-Native & Agnostic: Offers a cloud-native, cloud-agnostic, and componentized solution that can be deployed across different cloud environments. This provides maximum flexibility, reduces infrastructure costs, and allows banks to scale resources up or down dynamically based on demand.
Comprehensive & Reusable Suite: Includes a broad set of capabilities, such as product factories, parameterization, and reusable business components. This allows banks to rapidly configure and launch new products (a “product factory”) without writing code, dramatically reducing time-to-market for competitive offerings.
3. Trust and Security: Meeting Stringent Demands
In a highly regulated sector, trust is paramount. Our solution is engineered to meet the highest global standards for security and resilience.
Robust Security Framework: The platform is built with a robust security framework and adheres to global security standards. This ensures the protection of customer data, the integrity of financial transactions, and compliance with privacy regulations worldwide.
Regulatory Adherence: The contemporary design helps institutions easily adjust to the stringent demands of a dynamic regulatory environment, enabling faster implementation of new reporting requirements or compliance mandates.
