CYBOSOL InfoTech

Breakthrough In Online Banking Experience

Middle East’s Biggest Regulatory Authority Banks On Cybosol’s E-expertise

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Used Technologies

  • php
  • Drupal
  • HTML
  • CSS

Overview

It was a great privilege for CYBOSOL to work for the biggest regulatory authority in the Middle East. The enterprise provided inter-bank services and manages heavy duty transactions.

Wireframes

Problem

The regulatory authority followed the traditional systems of banking and they did not show any symptoms of digitalized banking in their services. So they wanted to restructure the platforms of bank to bank transaction-interactions, in order to make it more hassle-free with lesser turnaround time, ensure the security and encryption of data, assure transparency and enhance the digital banking experience end to end

Expectation from the service provider

Review the existing procedures and develop a feature rich web application which catered to the board portfolio of inter-bank services.

To create an intra-net portal to keep the employees engaged and act as a potent communication tool.

A website to manage VISA payment system.

The portal had to power with several value add-ons like economic indicators, devices and tools for automation, scheduling, software for business process regulatory norms etc.

The Challenges

Handling the volume and understanding complicated nature of financial transactions across multiple channels and platforms posed the biggest challenge.

Technological Constraints

To develop an innovative network which made inter-bank transactions hassle-free and also ensured the safety of the in-house system of the Bank.

Security Constraints

Handling the volume and understanding complicated nature of financial transactions across multiple channels and platforms posed the biggest challenge.

Networking Constraints

To develop a comprehensive web application which facilitated transaction interactions with other banks which were associated.

The Solution

Drupal-solutions were customized to manage the full-scale banking transactions and services-right from smartening their FAQ to managing voluminous high-end ransactions.

CYBOSOL harnessed the cloud-clout to develop a highly efficient and cost-effective front-office portfolio, with backend integration and data/content security monitoring. The authority was able to handle huge transactional volumes free of glitches or time-lags. It could also make the inter-banking scalable, flexible and efficient through anytime, anywhere access to data.

The Result

CYBOSOL’s expertise across multiple platforms did boost PCC’s web-presence.

“We were happy that now we can manage, publish, update the content on our own without seeking any external assistance which would have cost us more. We appreciate them for bringing in a host of services under a single umbrella.”

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