Overview
Like other industries before it (telecom is a good example) banking is now being disrupted, and traditional banking distribution-chains disintermediated by technology companies (Fintech and Bigtech) who are using PSD2 and Open Banking to gain a foot-hold in crucial customer engagement channels and end-points.
Organisations who traditionally ignored the onslaught of cloud-first and API-first propositions are finding themselves with no option but to now start factoring these in their forward looking plans and architectures.
While the constraints and limitations of legacy infrastructure, including the lack of interoperability are manifold, replacing core-environments with alternate cloud-native banking platforms is not the first option for many.
Fiorano delivers an efficient and effective approach to modernising banking technology infrastructure through API-based microservices and orchestration that solves traditional challenges associated with legacy cores, in parallel allowing development of services and propositions relevant to digital-first customers at-speed and at-scale.
