Challenge
Outdated core banking systems can be difficult to maintain and upgrade, making it hard for traditional financial institutions to compete with digital-native challengers.
To address this, our client offers a modern banking platform that enables banks to innovate without overhauling their legacy infrastructure.
The platform acts as a single engagement layer, pulling data and functionality from underlying systems of record. This allows banks to:
- Add new features without disrupting core systems.
- Improve customer experience.
- Maximize return on existing technology investments.
As the platform is tailored to each bank’s specific needs, the client engaged Scalo to support ongoing development and customization.
Outdated core banking systems can be difficult to maintain and upgrade, making it hard for traditional financial institutions to compete with digital-native challengers.
To address this, our client offers a modern banking platform that enables banks to innovate without overhauling their legacy infrastructure.
The platform acts as a single engagement layer, pulling data and functionality from underlying systems of record. This allows banks to:
- Add new features without disrupting core systems.
- Improve customer experience.
- Maximize return on existing technology investments.
As the platform is tailored to each bank’s specific needs, the client engaged Scalo to support ongoing development and customization.
Solution
We joined the client’s development efforts to integrate and maintain platform modules for individual banking customers.
Our responsibilities included:
- Collaborating with the client’s core team, external project managers, solution architects, and UX/UI designers.
- Integrating platform modules with banks’ transactional systems using pre-built connectors or custom APIs when needed.
- Customizing modules for:
- Retail banking
- SMI banking (for institutional clients)
- Client onboarding (digitizing paper-based workflows)
- Wealth management
The platform is delivered as a mobile app and web interface, offering user-friendly access to banking services and integrated features such as:
- Address validation
- Creditworthiness checks
- Virtual card issuance
We joined the client’s development efforts to integrate and maintain platform modules for individual banking customers.
Our responsibilities included:
- Collaborating with the client’s core team, external project managers, solution architects, and UX/UI designers.
- Integrating platform modules with banks’ transactional systems using pre-built connectors or custom APIs when needed.
- Customizing modules for:
- Retail banking
- SMI banking (for institutional clients)
- Client onboarding (digitizing paper-based workflows)
- Wealth management
The platform is delivered as a mobile app and web interface, offering user-friendly access to banking services and integrated features such as:
- Address validation
- Creditworthiness checks
- Virtual card issuance
Results
Our collaboration enabled the client to continue delivering tailored banking solutions to their customers:
- Banks can modernize operations without replacing core systems.
- Customers benefit from enhanced digital experiences via mobile and web platforms.
- The platform supports scalable integration, allowing for future feature expansion.
- Financial institutions can stay competitive by offering modern services quickly and efficiently.
Our collaboration enabled the client to continue delivering tailored banking solutions to their customers:
- Banks can modernize operations without replacing core systems.
- Customers benefit from enhanced digital experiences via mobile and web platforms.
- The platform supports scalable integration, allowing for future feature expansion.
- Financial institutions can stay competitive by offering modern services quickly and efficiently.