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 adapt to changing needs.
The reality shows a different picture: 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.
The Appway Solution
We can help you transform your existing 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 – Appway 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 core systems
Modernize and transform ‘green screen’ user interfaces in record time
Aggregate multiple screens into a Guided Activity or a single webpage, streamlining workflow and eliminating time-consuming and error-prone ‘green screen’ transitions
Decouple front and back-end systems
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.
The integration of Appway with its core systems is a significant process improvement for the bank and extends the horizon of business process automation for future growth and improvements.
