The Client was using highly fragmented legacy applications which severely complicated customer and process management across credit ratings and risk assessment, loans, lending, and deposits.
In particular, the company faced the following challenges:
Having analyzed the client’s current legacy applications, our rinf.tech team managed to identify common patterns that created bottlenecks in the company’s banking and financial ecosystems.
Our analysis showed that one of the most critical factors causing system performance delays, resource allocation issues, problems with adaptability to changes, and inability to meet customer needs was the lack of a modern business process integration layer.
As such, the solution we offered consisted of the custom development of a business process integration layer and its deployment, and the overall system upgrade.
Since time was of the essence for the customer, we developed a roadmap to be achieved within 4 months.
Our custom-built solution had functionality allowing the client to:
The current solution was chosen considering the business context of the customer, their current digital transformation maturity level, regional distribution, overall ecosystem, and the degree of connectivity for existing processes.
The logical data model has been divided into three data groups:
This data has been distributed into several entities.