Overview
The client is an industry leader delivering banking solutions which includes Transaction Management, Account Management, Reconciliation Process, Bill Payments etc.
Business Need
Client would like to have a banking platform to manage Accounts, Financial Transactions, Payments with large volume of Data processing in real time.
Client Situation
Client wanted to have a portal with below key features and also looking for AMS (Application Maintenance and Support) of same.
- Manage accounts securely
- Manage transactions
- Manage Reconciliation process
- Processing large volume of data in real time
- Data security, Backup and Recovery practices as per Banking compliance standards
Technologies
Spring Boot, Glue (Authentication), Kong API (Authorization), Hadoop, AWS API, OAuth 2.0, Mifos, Kafka – q, MongoDB, Elastic Search
Recommended Solution
Banking Domain experts at WeblineIndia transformed every requirement of the client into a robust solution.
Few highlights –
- ACL based user management with different roles and permissions
- Secured Accounts and Transactions management
- Handling of huge Data traffic at any point of time without failure
- Scheduled reports for different activities such as, Various Intraday Core Banking Reports, Reconciliation Report, Weekly/Monthly Statements etc.
Result
Both, The Business and Household users can use a single platform easily for every Banking need.
- Cent percent reliability with zero unplanned outages
- Notifications as per user’s choice without any unscrupulous calls/messages
- Secured and handy payments mechanism under one platform for every biller set by users.
Client Success Stories
Our development processes delivers dynamic solutions to tackle business challenges, optimize costs, and drive digital transformation. Expert-backed solutions enhance client retention and online presence, with proven success stories highlighting real-world problem-solving through innovative applications. Our esteemed clients just experienced it.
