For one of the world’s leading banks, innovation came to life. Using state-of-the-art technologies, we fully digitized their traditional debt capital markets product. In just six (!) months, our team turned a rough idea into a full-fledged application. A unique and exciting collaboration as we helped our customer to launch their first Cloud-based application within this business area.
Our customer provides debt financing instruments for million/billion-euro investments. Until now, this process was done entirely manually, resulting in high operational costs, time-consuming tasks and slow customer interaction.
The idea was to create a digitized portal that offers a transparent, user-friendly and innovative issuance process. The portal enables issuers and investors to interact in a new, direct, and smart way – on a global scale. This lowers process costs and provides more transparency for the end-users.
To deliver the best possible solution, we put together a multidisciplinary team: three full stack developers, two UX-designers, one certified ethical hacker, one proxy product owner, and one solution architect. Their efforts guided and supported our customer in numerous areas:
The solution relies on modern cloud infrastructure as well as the latest front- and backend technologies. Through a pragmatic agile approach, we completed the commercial launch in under six months. In addition to the technical implementation, our team was responsible for the branding and design of the application.
As investments on the portal vary from 50 million to sums over a billion euros, security is critical. Our certified ethical hacker ensured that the platform operates according to first-class data security and documentation standards specific to the banking industry.
In general, the banking sector is under enormous pressure due to a period of low-interest rates and the rise of fin-techs as legitimate competition. Our customer decided to reinvent themselves using new technologies. This project is the foundation of a fruitful long-term partnership. We’re excited!
Financial / Banking