The Client is one of the world’s largest banking and financial services organizations. They offer services in the areas of Commercial Banking, Retail Banking etc. The client is present across countries in Europe, Asia, Middle East, Africa, North America, Latin America etc.
As part of digital transformation initiative, client was looking to automate the customer onboarding process. As part of this process, there were several client applications that were integrated with tax-regulatory application to avoid manual data entries. API enablement, not only helped eliminate the manual intervention but also reduce time to market by approximately 98%.
The tax-regulatory application followed the microservices architecture and was deployed on different application servers. Although UI layer is secured by proper security policies, the underline communication to different microservices didn’t have any security policies
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Enhanced security features strengthened the online platform security and reduced security risk of the application platform. The platform is now 100% secure
Due to secure API enablement, fixing of the manual processes are totally eliminated and also resulted in savings of USD 100K
Due to secured APIs enablement, back office dependency has been removed completely. This reduced time to market by approximately 98%
Integration of API testing with DevOps pipeline ensured quality and zero-defect deliverables
Proactive identification and fixing of the security flaw ensured preserving reputation