Project Background
The bank is a prominent international commercial institution offering a wide range of banking services globally through its core banking system. Despite its current success, the bank faces challenges due to outdated monolithic core banking systems that hinder adaptability, scalability, and responsiveness to market changes. To overcome these limitations and align with digital trends, the bank is planning to transition to a component-based banking architecture that can operate at fintech speeds and support emerging business models in retail and commercial banking. This transformation aims to enhance the bank's flexibility, scalability, resilience, and competitiveness while enabling efficient management of core products like current/savings accounts and loans.
Project Content
The Financial Product Factory provided by DCITS's core business system has fundamentally deviated from the traditional approach to business innovation. It not only shortens the time-to-market for new products, reduces system redevelopment, testing, and upgrading, but also avoids system architecture changes due to increasing business needs, enabling product customization and unified management of all bank products. Additionally, a graphical interface is provided for product configuration, facilitating product parameter configuration by business personnel and supporting modifications to operation and configuration interfaces based on bank-specific operating habits.
Currently, our company undertakes the core system renovation for the bank, encompassing systems such as product engineering, client management, deposits, loans, general ledger, counter services, receipts, credit, limits, collateral, file transfer platform, EDA, channel management, open platform, OPP, and more. We will continue to undertake the overall renovation of the bank’s branches across the Asia-Pacific region and globally, significantly enhancing our company's overseas influence.
Project Values
  • Migration Project
    Leveraging this core migration project, we unified the IT architecture planning, clarifying the boundaries and business scope of the bank’s core banking systems.
  • Management System
    Established a unified client information management system for the bank, responsible for storing and serving as the primary source of client information data across the bank. Other business systems' client information data are duplicates.
  • Architecture and Microservices
    Utilizing the new core's distributed architecture and microservices, we support grayscale releases, fault isolation between different nodes, and single-service upgrades without impacting others, significantly improving efficiency.
  • Core System
    The core system is developed in JAVA, and the entire technology stack is based on the Spring Cloud system, supporting container and cloud deployments and service meshes. These technologies will be leveraged to gradually replace outdated architectures within the bank’s internal systems.
  • 7*24-Hour Service
    Leveraging DCITS's 7*24-hour service mechanism and batchless design philosophy for the core system, we address high availability issues.
  • Reusable Designs
    Adhering to the bank's internal BIAN capability model and framework, ensuring low coupling of components and enabling plug-and-play reusable designs.