Architected and Designed Core Building Blocks for a Banking Solution A large and rapidly expanding commercial bank in the Middle East

Overview

The client wanted to develop an-in-house core banking system using modern technologies. The new system’s solution architecture required the following considerations:

  • A single database capable of scaling to handle real-time transactions up to 100 times the current volume.
  • Sub-second response time for efficient operations and enhanced customer service.
  • Consistent user experience across the entire product.
  • Utilization of the latest technological advancements.

Ejyle had to build this core banking solution architecture that would deliver superior performance, enhanced user experience, and meet the requirements of multi-tiered, component-based architecture. The solution needed to be highly secure, comply with industry standards, and seamlessly integrate with the bank’s enterprise-wide applications.

Challenges

The client faced several challenges in achieving their objectives:

  • Designing a scalable and high-performance system capable of handling a significant increase in transaction volume.
  • Ensuring sub-second response time to deliver efficient and prompt services to customers.
  • Maintaining a consistent user experience across all aspects of the core banking system.
  • Incorporating the latest technological advancements in the Microsoft .NET framework.

Our Solution

To address the challenges faced by the client and achieve their goals, Ejyle implemented the following solutions:

Assessment
  • Conducted a thorough evaluation of the current system architecture, network architecture, external interfaces, SDLC processes, integration, and object models.
  • Identified specific areas of concern for primary stakeholders, such as business functionality requirements, Branchless Banking, Mobile Banking, Internet banking, and ADC channels.
  • Identified architectural requirements for the new system, including Performance, Scalability, Security, integrations, and Transaction Management.
Enterprise Architecture
  • Collaborated with the client’s subject matter experts to create a functional model for the proposed system.
  • Iteratively transformed and rationalized the functional model based on current and future business needs, resulting in a reference architecture built on Microsoft .NET technologies.
  • Assisted the client in making technology selections for the core banking solution, conducting necessary POCs, and ultimately choosing Microsoft BizTalk Server as the Enterprise Service Bus.
  • Provided the client’s data architects with strategic guidance to design the relational database.

Key Outcomes

Architecture Blueprint for Development Efficiency

Our solution delivered comprehensive architecture blueprints, enabling the development team to have a clear and consistent reference throughout the development process. This resulted in increased efficiency and streamlined development workflows.

Cost-Effective Reference Implementation

By providing well-documented reference implementations, our solution led to cost savings for the client. These implementations guided technology choices, ensuring optimal utilization of resources and reducing unnecessary expenses.

Consistency and Customization

Our created reference architectures have a broader applicability beyond the current project. They serve as a foundation for future initiatives, promoting consistency and standardization across various areas of the client’s operations.

Ejyle Advantage

Solutioning & Technology Leadership

We are backed by a team of seasoned solution architects and technology leaders with extensive experience. We offer guidance, mentorship, and strategic direction throughout the entire product development lifecycle.

Outcome-based Approach

We deliver optimal results that align with your business goals. We tailor our past experiences to your unique requirements and build modular solutions.

Extended Think-Tank

We actively collaborate with you through strategy, product detailing, and development phases. We provide valuable insights and foster innovation throughout the journey.

Embracing Uncertainty and Evolution

We thrive in dynamic environments and adapt quickly to changing requirements. We embrace uncertainty and facilitate the evolution of ideas into robust solutions.

Rapid Team Assembly and Scalability

Ejyle can swiftly assemble and scale development teams. With access to a diverse talent pool, we ensure that the right expertise is readily available to meet your project’s requirements promptly.

Rich Experience in BFSI Domain

We have a proven track record in developing specialized platforms for the BFSI industry. We bring adaptability and expertise specific to this domain. Our tailored solutions address the unique needs of Financia organizations, ensuring compliance, security, and efficiency in managing financial data and processes.