Digital Banking

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.