Core Modernization
Core Connectivity and Access
Simplified and reusable API connectivity empowers your FI to build innovative embedded finance, Banking-as-a-Service (BaaS), payments, and data management services without asking for your core’s permission.
The challenges
Core Limitations
Legacy core technology is often poorly documented and proves difficult to integrate with internal and third-party solutions.
Our Delivery Methodology
Agility Layer
Replace your legacy point-to-point landscape with an API-based agility layer that enables reuse, legacy modernization, and innovation. This allows access to data for new products and services in a matter of days, instead of months.
API-Led Design
Design and build your agility layer using the API-led approach: 1. Expose your data. 2. Describe your business. 3. Present your information to target applications and devices. Build APIs as modular, reusable components.
Integration Platform
Replace your legacy point-to-point landscape with an API-based agility layer that enables reuse, legacy modernization, and innovation. This allows access to data for new products and services in a matter of days, instead of months.
Agile Org Model
Design and build your agility layer using the API-led approach: 1. Expose your data. 2. Describe your business. 3. Present your information to target applications and devices. Build APIs as modular, reusable components.
Outcomes
Transforming our financial services customers from maintenance mode to innovation shops.
Bank and Credit Union integration use cases
Modern integration is at the heart of our solutions. Below, are integrations that followed the API-led practices described above to provide independence from core vendors for our customers. In each case, the customer is able to leverage reusable APIs developed during these engagements to integrate other internal and external systems.
SalesForce, Mortgage Hippo, and Symitar:
Automated lead management and personal loan sales campaigns by integrating the Symitar core banking system (Customer System of Record), SalesForce (Campaign Engine), and Mortgage Hippo (Mortgage Leads) for a regional Credit Union.
NCR Digital Banking and Fiserv:
Partnered with a regional consumer bank to replace a home-grown online banking application with NCR’s Digital Banking (formerly Digital Insight) and integrated with Fiserv Premier core banking systems. Subsequently extended the integration to include other components of the customer’s IT landscape.
NCR Digital Banking and Symitar:
sed the API-led approach to deliver an integration solution between NCR’s Digital Banking (formerly Digital Insight) and Symitar core banking system for a major Washington State (US) credit union. Subsequently extended the integration to include other components of the customer’s IT landscape.
Glory Teller Cash Recyclers with Symitar:
Implemented an API-led solution that leveraged existing customer APIs to achieve interoperability between Glory’s Teller Cash application system and Symitar core banking system to support real-time cash withdrawal and deposit transactions for a major Pacific Northwest (US) credit union.
MeridianLink and Finastra Phoenix:
Worked with a US regional credit union to integrate its Microsoft-based Phoenix core banking software with new cloud-based banking applications such as MeridinanLink’s LoansPQ loan origination product.
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