Universal integration interface
The project was implemented by Cinimex and Alfabank in several stages. The first stage featured the design of the pilot project, testing the developed prototype, testing the selected platform in real life conditions, and testing the end solution. The newly developed interfaces performed well in action, and were put into commercial operation.
On the second stage, over 10 of the Bank’s main interfaces were migrated into the unified industrial platform.
The platform enabled development, testing and deployment of a Risk Management service and New Purchase Notification interface.
Project outcomes
New Purchase Notification interface issues automatic confirmations of conclusion, termination or modification of stock purchase contracts by e-mail and fax.
The solution enabled compliance of stock purchase notifications with the rules of London Stock Exchange (LSE).
Risk Management service enabled automatic processing of credit requests and assessment of borrower’s credit worthiness.
Risk Management service supplied a unified risk assessment tool, which was integrated into Alfabank’s IT system using SOA approaches, and ensured:
Automated and use-case driven loan origination life cycle;
Monitoring of credit request on any stage of its life cycle in Risk Management;
The service is widely used by the Bank’s applications.