Modern banking technology, from the fraud engine to the data centre

A national payment switch: BORICA

BORICA, the operator of Bulgaria’s national payment switch, needed to replace batch-based fraud checks with real-time detection at national scale, and to offer that protection to its member institutions as a service.

We integrated IBM Safer Payments into BORICA’s payment workflows as a shared, multi-tenant platform.

• It handles more than 4,000 transactions per second with millisecond latency.
• It serves more than 16 financial institutions on one infrastructure.
• It protects over 70% of domestic card transactions in real time.
• It has been extended to digital channels and to AML and financial crime controls.

Smaller banks and payment providers now get the same level of protection as the largest ones, without building and maintaining their own systems. Read more about financial crime prevention.

A data platform migration with no disruption: UniCredit Bulbank

UniCredit Bulbank modernized its enterprise data integration platform by moving from Oracle Warehouse Builder to Oracle Data Integrator. We migrated about 170 primary data flows and 1,600 sub-flows, and added execution monitoring with dashboards and SLA tracking.

The old and the new platform ran in parallel until the migration was complete. Reporting, analytics and regulatory compliance continued throughout, and the project finished on schedule and within budget. Read more about data integration.

Real-time data for front-office applications

For a bank whose data was spread across many interdependent systems, we designed an operational data store fed by change data capture. Front-office applications and digital channels get near-real-time data and keep working around the clock, even while core systems are under maintenance.

On the Oracle stack you already run

Most banks keep their core data in Oracle. We work with that stack, not around it: data warehouses, data integration with Oracle Data Integrator and GoldenGate, and self-service analytics in Oracle Analytics Server (formerly OBIEE), by certified experts. About our Oracle work.

Ready-made for banks

• Legatus. Our platform for real-time financial crime prevention, powered by IBM Safer Payments. About Legatus.
• Analytics-in-a-Box for Banking. A data and analytics platform with a banking data model and modules for customer insights, financial reporting and regulatory reporting. About Data & AI.