Digital Banking Services Enhancement

Azati worked on enhancing and stabilizing a digital banking platform by developing new features, improving existing services, and ensuring compliance with regulatory requirements. The project included optimization of database operations, integration of innovative solutions to enhance customer engagement, and ensuring seamless service delivery.

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All Technologies Used

Java
Java
Spring
Spring
Spring Boot
Spring Boot
Oracle
Oracle
Hibernate
Hibernate

Motivation

To enhance the digital banking platform by delivering new functionality, improving existing services, and ensuring ongoing compliance with Central Bank regulations. The goal was to improve user experience, increase customer engagement, and maintain system stability.

Main Challenges

Challenge 1
Delivering New Functionality for Digital Banking Products

The client required rapid development of new features for mobile and internet banking to meet user demands. Azati developed and integrated new services, improving the user interface and security of the digital banking products.

Challenge 2
Regulatory Compliance Enhancements

Frequent changes in regulatory requirements from the Central Bank necessitated constant updates to the system. Azati implemented timely regulatory updates to ensure the platform remained compliant and audit-ready.

Challenge 3
Addressing SLA-Based Defects in Production

Frequent issues in the production environment impacted the stability of the platform. Azati provided quick defect resolution within SLA timelines, ensuring minimal downtime and uninterrupted service.

Key Features

  • Monolithic Architecture with Layered Structure: The solution is based on a monolithic architecture, divided into several key layers, each responsible for specific functionality.
  • Presentation Layer: This layer is responsible for user interaction through web browsers and mobile applications. It includes an intuitive interface that provides easy access to remote banking services and ensures a user-friendly experience.
  • Business Logic Layer: This layer handles all business operations, such as calculations, data validation, payment processing, and other functions necessary for the execution of banking processes.
  • Data Access Layer: This layer interacts with databases and backend systems, ensuring secure and fast access to the required information for performing operations and storing data.
  • High Performance, Reliability, and Security: The system is designed to ensure high performance, reliability, and security, guaranteeing stable operation of all remote banking services.

Our Approach

Requirements Gathering and Consulting
We began by conducting a detailed gathering of business requirements, closely collaborating with the client to understand their needs and expectations. This laid the foundation for further development and ensured that all requirements were clearly defined.
Workload Estimation and Task Assignment in Jira
After gathering the requirements, we assessed the scope of work and created a detailed action plan. Using Jira for project management, we tracked progress, allocated resources effectively, and managed deadlines. All tasks were classified by priority based on client needs and external factors.
Development Based on Business Priorities and External Factors
The development process focused on business priorities, considering external integrations, regulatory requirements, and timelines. We ensured that each stage of development added maximum value while adhering to functional requirements and business constraints.
Frontend Integration via Swagger and Testing
To ensure reliable integration with the frontend, we utilized Swagger, ensuring API consistency and correctness. Continuous testing was conducted at every stage of development to identify and address defects and inconsistencies promptly.

Project Impact

Improved Performance through Query Optimization: Query optimization significantly accelerated transaction processing, improving overall system performance and reducing wait times for users, which enhanced user satisfaction.

Compliance with Regulatory Requirements and Uninterrupted Service Operation: We ensured full compliance with Central Bank regulations, avoiding penalties and guaranteeing stable operation of remote banking services without disruptions, strengthening customer trust.

Increased Customer Engagement through New Functionality: The integration of new services enhanced the convenience and functionality of mobile applications and online banking, leading to increased user engagement and loyalty.

SLA Adherence and Defect Resolution: We successfully adhered to the Service Level Agreement (SLA), promptly addressing defects and minimizing system downtime, ensuring high stability and reliability of all banking services.

Long-term Technical and Operational Benefits: As a result of our collaboration, the client gained not only a technically updated and high-performance system but also confidence in the system's ability to support the company's growth and adapt to future challenges.

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