The Asian Banker Wednesday, 24 July 2024

Canadia Bank selects Fiorano ESB to accelerate time-to-market for new services

5 min read

SINGAPORE - Canadia Bank, one of the largest banks in Cambodia, has chosen Fiorano’s technology to simplify the integration of heterogeneous satellite applications with their Temenos T24 core banking system. Fiorano ESB, underpinned with its unique peer-to-peer architecture and complimented with a pre-built library of Microservices, empowers the bank to rapidly deploy new services for its customers.

The Bank’s immediate requirement is to have a unified backbone for its IT architecture, reduce time taken for new integrations and easily make changes in existing ones. Fiorano ESB was chosen amongst other vendors.

Highlighting the bank’s plan, Mr. Luis Chen, the EVP, said, “Fiorano provides a highly scalable integration platform enabling us to standardize and service enable all applications built on different technologies. Fiorano ESB will become part of our core infrastructure serving multiple applications.”

The Bank will implement the solution in phases; in the first phase it will use Fiorano ESB to integrate with National Bank of Cambodia’s “Fast Payment System” allowing customers to seamlessly perform inter-bank transactions; this will be followed by an upgraded network of ATMs across Cambodia in the next phase.

The code-less nature of Fiorano ESB enables citizen integrators at Canadia Bank to create event flows, virtually assembling a solution by drawing application and service nodes on a canvas. This drastically reduces the time to market for new services.

Re-disseminated by The Asian Banker

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