CASE STUDY
Implementation of an interface between EQUATION and CALCULUS
(Online Banking Solution)
ZetaRP made banking easy for UK bank: One Interface, Endless Possibilities – The EQUATION & CALCULUS Success Story.
Client Overview
A prominent UK-based bank, recognized for its exemplary customer service and diverse client base, identified a vital need to elevate its digital banking capabilities. Faced with the challenge of independently operating FINASTRA EQUATION and CALCULUS Systems, the bank approached ZetaRP, a leader in tailored solutions for Finastra Equation CBS, to facilitate real-time data transmission and elevate customer experiences.
Challenges Faced
- The bank struggled with smooth communication and data transfer between the EQUATION and CALCULUS systems.
- Difficulties for customers accessing a unified platform for their banking needs.
- Delays and inefficiencies in processing transactions and customer inquiries.
- Data synchronization complexity, affecting the integrity and reliability of customer and account information.
- Lack of real-time transaction updates.
- Efficient handling of payment requests posed a considerable challenge.
Solutions Implemented
- Subsystem-based Interface to ensure seamless communication and data transfer between the EQUATION and CALCULUS systems.
- Three distinct subsystems: Customer/Account Information Subsystem, Transaction Details Subsystem, and Payment Processing Subsystem on AS400 server.
- Daily synchronization via the Customer/Account Information Subsystem.
- Real-Time Data Retrieval through the Transaction Details Subsystem.
- The Payment Processing Subsystem to efficiently handle payment requests from CALCULUS, processing payments in EQUATION, and updating the staging table with posting statuses.
- Continuous Monitoring Mechanism.
Results Obtained
- Operational Efficiency Enhancement.
- Cost Reduction and Resource Optimization.
- Technological Innovation and Adaptability.
- Enhanced Security Measures.
- Data Analytics for Business Intelligence.
- Reduction in Physical Branch Reliance.
- Seamless Cross-Platform Integration.
- Increased Customer Engagement.
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