Solutions
Account Opening Process

Olympic Modernization

Corporate Actions Automation
Financial Services
Business Applications
Modernize Olympic and extend the value to your business people

Your organization has made massive investments in building the core systems that have run your business for years. Nothing compares to the performance and reliability these valuable systems provide. As your business changes over time, the requirements on these systems continue to evolve. You can make the most of what you’ve got by building on those proven capabilities to meet new business needs. It’s all possible with the Appway Application Modernization Suite.

Situation
A
strong core system surrounded by a growing number of additional applications is the common situation at most Banks. System coordination and integration are major tasks in such environments.


The scheme illustrates how various systems have to be coordinated by your business people, even for a single process. It results in

  • Inefficiencies (long throughput times)
  • Duplication of data due to multiple databases
  • Missing transparency
  • Risk of data inconsistencies and errors
  • Limited development and improvement potential

In addition to such complex system landscape market dynamics, changing regulations tightened the need to optimize and coordinate front-processes.

Huge investments into a new banking system are often considered to be the most promising way to future success: One system to cover all banking processes, to connect business units and to bring the flexibility to be adapted to changing needs.

The reality shows a different image: Customer needs are often not covered within the standard solution, system adaptations create important additional costs, extra systems are required to cover specific business needs etc. In many cases such projects shipwrecked.

The Appway Solution
We can help you transform
your existing (Olympic) core banking systems into modern and flexible business applications and processes and avoid costly and risky rip-and-replace strategies. Whether you need rapid tactical solutions, such as instant modernization of ‘green-screen’ application user interfaces, tight interaction between disparate applications, or strategic enterprise architecture solutions, such as implementing service-oriented and/or event-driven architectures – Numcom Software has the technology and experience to help you build a solution that fits your unique requirements today and won’t limit your capabilities moving forward.

Benefits:

  • Deliver new applications to your business quickly by accelerating the delivery of existing application functionality to the Web
  • Detach business process logic from (Olympic) core systems
  • Modernize and transform ‘green screen’ user interfaces in record time
  • Aggregate multiple screens into a Guided Activity or a single Web page, streamlining workflow and eliminating time-consuming and error-prone ‘green screen’ transitions
  • Decouple front and back-end systems

In addition to such complex system landscape market dynamics and changing regulations tightened the need to optimize and coordinate front-processes.

Huge investments into a new banking system are often considered to be the most promising way to future success: One system to cover all banking processes, to connect business units and to bring the flexibility to be adapted to changing needs.

The reality shows a different image: Customer needs are often not covered within the standard solution, system adaptations create important additional costs, extra systems are required to cover specific business needs etc. In many cases such projects fail.

Based on Appway and following the SOA approach for straight through account opening integrating existing IT systems has been realized successfully at Banca Popolare di Sondrio (Suisse) SA.


Figure: Integration Appway
with Olympic via General Loader

The integration of Appway with Olympic is a big process improvement to the bank and extends the horizon of business process automation for future growth and improvements.


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