Development of a Cloud Banking Platform with Modular Financial Services Engine

The client requires a robust and flexible cloud-based banking platform to deliver convenient web and mobile banking applications. They need a scalable engine capable of supporting diverse financial services for both consumer and enterprise markets. Additionally, they seek to rapidly launch new services and expand into emerging markets while ensuring transaction accuracy and system reliability, amidst tight development timelines.

A technology-driven financial institution aiming to offer innovative consumer and business banking solutions via digital channels.

• Develop an integrated, intuitive web and mobile application suite for end-user banking services.
• Implement a flexible financial engine to support varied banking operations for consumer and business clients.
• Construct an infrastructure enabling rapid deployment and market expansion for banking services.
• Facilitate large-scale transaction processing with high accuracy and validation mechanisms.
• Support over 2 million international users and handle approximately 150 million transactions daily.
• Provide a platform used by more than 120 financial institutions across multiple countries.

• Development of web and mobile banking applications with user-friendly interfaces.
• Creation of a flexible, high-performance engine supporting diverse banking operations.
• Implementation of transaction loaders with validation and error-checking mechanisms.
• Development of API wrappers to facilitate seamless integration with third-party services and future features.
• Provision of tools for rapid deployment and configuration to enable swift service launches and market entries.

• Loan conversion calculators
• Transaction validation systems
• Core banking APIs for data exchange and external service extensions

• High scalability to support over 2 million users globally
• Transaction processing capacity to support approximately 150 million transactions per day
• Robust security measures to protect sensitive financial data
• Rapid deployment capabilities to facilitate quick service launches
• System reliability and high availability for critical banking operations

The deployment of a scalable and flexible cloud banking platform is expected to enable financial institutions to digitize their services efficiently, reaching a broad international client base. This transformation aims to support over 2 million clients and 150 million transactions daily, facilitating market expansion into over 30 countries, and significantly improving operational agility and customer satisfaction levels.