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A large US-based community bank wanted to reimagine user experience offered to their network member banks and community lenders. Sun Technologies helped build an online platform that enables authorized users from member banks to remotely and securely obtain account balances and perform business transactions (Advances, Wire Transfers and Book Wires).
While the bank wanted to modernize online banking experience for the end-users using the latest technologies such as Representational State Transfer (REST) Application Programming Interface, their legacy backend was built on Service Oriented Architecture Protocol (SOAP). and the other with traditional frameworks. After examining the time taken by the techniques to render the web page to the user, and the availability and scalability of the software, we will understand the need for the new technologies in the banking and financial sectors.
The time taken by the legacy framework to render the web page to the user was a challenge that made the migration necessary. Modernizing, upgrading, and supporting the legacy applications is an extremely time-consuming, expensive, and risk-prone process. Sun Technologies helped the bank to connect the banks legacy data and framework with a modern UI/UX.
Our developers helped the client introduce new-age digital experiences that allowed the bank’s network of lender financial institutions to make advances to their local community of loan seekers. Faster transaction time required changing the operating model and migrating from an older tech stack to a new one. To fulfill this objective, Sun Technologies implemented – Angular (Frontend), Springboot (Backend/server side), Hibernate (ORM layer), Security (LDAP authentication).