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Risks, Lending and Deposits

Client: Top bank with global operations.

Technology

jBPM, Java 1.8, Spring Boot, Spring Data, MapStruct, REST APIs, RxJava

Services

Automated process using jBPM as orchestrator, Software Development

Challenges

Automation of banking processes aiming to deliver a global workflow, monitoring and reporting application to meet the requirements of Lending & Deposits and Credit Risk Management. The project faced some limitations, both from departments of Credit Risk Management and Lending & Deposits:

  • Audit requirements to reduce fragmentation
  • Lack of risk data accuracy and integrity for credit decisions
  • Non-automated workflow support for Structured Credit Analysis
  • Process breaks, manual workarounds/inefficiencies on processes
  • Lack of transparency and traceability of processes and data
  • Lack of real-time monitoring
  • Pricing exception approval tracking and execution

Solution

The complete automation of banking processes aiming to deliver a global workflow, monitoring and reporting application to meet the requirements of Lending & Deposits and Credit Risk Management.

We built a Conceptual Data Model, and the Logical data model has been divided into three data groups:

  • Borrower related data
  • Pledger related data
  • Facility / CAM related data


These data have been distributed into several entities, resulting in a more efficient /cost-saving solution – the replacement with Red Hat jBPM as process orchestrator and additional development in Java

Results

We were able to deliver the project in 4 months, with a team of 9 engineers and this was just in time to provide some budget optimization as there was no need to renew the old, expensive TIBCO license.

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