Solutions
In today’s digital customer-driven era, enterprises face ever-evolving customer expectations, necessitating the creation of engaging customer experiences. Regardless of the industry, the age of monolithic service architectures is coming to an end, with the focus shifting towards nimbler enterprises adopting microservices. Embracing a microservices architecture enables organizations to achieve scalability, resilience, and security, while also streamlining the process and reducing time required to develop and deploy improvements to applications.
Microservices
Microservices present a remedy to the limitations of monolithic architecture, offering a highly modular approach for systems and applications. This pre-integrated ecosystem comes with architectural reference tools, guaranteeing best practices for Non-Functional Requirements (NFRs) such as logging, monitoring, discovery, and security. The Microservices reference architecture yields a scalable, agile, and flexible system. By embracing our Microservices and API solutions, companies can achieve rapid iteration, simplified deployment, and reduced time-to-market.
APIs
Applications and their underlying data have served as foundational pillars for numerous organizations. However, these aspects have primarily remained within the realm of internal R&D and IT departments. Throughout the history of computing, systems have necessitated communication to exchange information across physical and logical boundaries, addressing interdependencies prevalent in various business scenarios. The drive toward integration has been continuously gaining momentum over the years, spurred by increasingly sophisticated ecosystems and business processes that rely on intricate interactions across multiple endpoints.
Blockchain
Blockchain technology provides a means for market participants to access dematerialized assets directly, bypassing unnecessary intermediaries. In the centralized repository system (existing system), most participants are disconnected from their asset depository, leading to slow, inefficient, and costly transaction settlements, requiring extensive collaboration among participants.
In contrast, the shared repository in blockchain allows all participants to interact directly with the depository without involving third parties. This has the potential to make post-trade operations more cost-effective and quicker. On a blockchain network, trading, clearing, and settlement functions can be automated using smart contracts and oracles.
Open Banking
Advancements in technology and emerging business models are reshaping bank operating models and customer interactions. Despite being early adopters of technology in the past, the banking industry now lags behind other sectors in digital transformation.
Both traditional and new banks recognize the importance of modernization to stay relevant and provide engaging real-time customer experiences while fending off competitors. New banks seek to entice customers with modern design, personalized products, low fees, and responsive customer service. Regardless of their status, all banks must carefully select technology providers and advisors to ensure successful modernization.