The NAGARRO Experience
In 2011,
pre-empting the massive change in the banking industry,
a large European bank decided to bring in an
external IT partner for the first time.
But they did not want a veteran banking
partner with its back to the future.
The bank wanted
- Agility
- Flexibility
- Transparency
The NAGARRO Experience
In 2011, pre-empting the massive change
in the banking industry, a large Eastern European bank decided to bring in an external IT partner for the first time.
RUN and CHANGE the bank at the same time
Click to see how the relationship Has grown
NEXT
In 2011, pre-empting the massive change
in the banking industry, a large Eastern European bank
decided to bring in an external IT partner for the first time.
Someone who could help them to
But they did not want a bank veteran
with their backs to the future.
The bank wanted
- Agility
- Flexibility
- Transparency
The NAGARRO Experience
SEP 2011 MAR 2012 SEP 2011 MAR 2012 SEP 2012 MAR 2013 SEP 2013 MAR 2014 SEP 2014 MAR 2015
- No-offshore to more than 150 FTE in four years
- 30+ projects delivered successfully
A strategic partnership poised to grow till 2020 and beyond
Java/J2EE,
Oracle
Internet Banking
Mobile Banking
Loans / Corp Banking (SEPA)
Intranet Portal
Lesing & Real Estate Financing
Legacy Migration
CRM, Corporate & Retail Loans
Cumulative Resource Strength
Android SDK
R16, JDK 6
.Net 4.0
SharePoint
.Net 4.0
Java/J2EE,
Oracle
C/C++
COBOL/DB2,
Natural,
Adabas
.Net
COBOL/DB2,
Natural,
Adabas
Assembler
Android
/iOS
Java
.Net
Oracle
Java
.Net
.Net
Angular JS
Docs Mgt. System
Mainframe Projects
(SEPA & SWIFT)
Property Valuation
Mobile trader
Facelift
Credit
Rating
Security
Advisory
(MiFID II)
Financial Advisory
RunNING the Bank
Nagarro helps IN
Systems critical to core banking operations are handled with robust processes
and large dedicated teams working round the clock
to ensure zero disruptions and the highest security standards
By modernizing complex legacy systems
By supporting critical large scale systems
By implementing robust compliance systems
Click to learn more
Click to learn more
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RunNING the Bank
Nagarro helps IN
Systems critical to core banking operations are handled with robust processes
and large dedicated teams working round clock
to ensure zero disruptions and only the highest security standards
By modernizing complex legacy systems
Core Posting System
Property Valuation Solution
Migrated the posting application (managing the home savings and loan association) from Mainframe Assembler to Natural
Highlights
- Replaced all the legacy assembler code without any loss of functionality
- Enhanced the existing architecture by identifying and removing old unused functions
Enhanced a complex leasing suite that manages the entire leasing lifecycle of the bank
Highlights
- Implemented the complex business logic contained in 300+ worksheets with 40,000+ dynamically calculated fields
- Significantly reduced the evaluation time for new properties with a state of the art automated evaluation system
RunNING the Bank
Nagarro helps IN
Systems critical to core banking operations are handled with robust processes
and large dedicated teams working round clock
to ensure zero disruptions and only the highest security standards
By supporting critical large scale systems
Document Capture and Processing
Loan Corporate Banking
Supported and enhanced a two-tier applications for capturing and processing banking documents
Highlights
- Improved the dispatching service (that distributes documents to clients) by 6 times
- Implemented system-wide alerting mechanism to notify the support executives of any error
- Provided a seamless omni-channel user experience
Developed a modern web based application for corporate customers
Highlights
- Enabled multiple account management, bulk transactions and payments via SEPA standards and regulations
- Provided support for domestic and foreign remittances
RunNING the Bank
Nagarro helps IN
Systems critical to core banking operations are handled with robust processes
and large dedicated teams working round clock
to ensure zero disruptions and only the highest security standards
By implementing robust compliance systems
Multi-GAAP Implementation
SEPA Implementation
Transitioned from GAAP* to Multi GAAP accounting standards
Highlights
- Implemented IFRS** accounting standards in complex legacy application
- Developed a general ledger and reporting system as per IFRS guidelines
Developed an auxiliary system for credit card transactions to ensure conformity with SEPA***
Highlights
- Developed a system to share information with financial organizations and other external parties
- Provided information for credit card transactions as per SEPA guidelines.
* GAAP: Generally Accepted Accounting Principles
** IFRS: International Financial Reporting Standards
*** SEPA: Single Euro Payments Area
CHangING the Bank
Nagarro helps IN
For the more disruptive projects, small team with cross-functional experts set up and empowered to carry out quick prototyping and targeted roll-outs.
By creating delightful user experiences
By venturing into unchartered territory
By converting data into insights
BACK
NEXT
CHangING the Bank
Nagarro helps IN
For the more disruptive projects, small team with cross-functional experts set up and empowered to carry out quick prototyping and targeted roll-outs.
By creating delightful user experiences
Mobile Banking Application
Mobile Trader
Developed the first end-to-end mobile banking application for the bank’s customers on iOS and Android platforms
Highlights
- Implemented mobile banking functionalities like account overview, funds transfer, bill payment, online order status tracking, forex details
- Provided access to latest news updates in a highly intuitive multi-form factor design
Developed an easy, automated mobile solution for trading in stocks, derivatives and currency derivatives
Highlights
- Allowed real time monitoring of customer positions and market data
- Created a safe and secure environment for customers to trade through mobile
CHangING the Bank
Nagarro helps IN
For the more disruptive projects, small team with cross-functional experts set up and empowered to carry out quick prototyping and targeted roll-outs.
By venturing into unchartered territory
Personal Finance Manager
Credit Rating Engine
Created an app for customers to manage their assets and liabilities along with their savings and expense online
Highlights
- Introduced modules to allow customers to add income and expenses along with required categorization
- Enabled multiple views of current expenses, upcoming transactions and income to manage personal budget
Developed a tool to evaluate credit worthiness of debtor institutions like banks and sovereigns
Highlights
- Defined multiple credit rating models while maintaining version history
- Enabled a solution maker-checker feature for every activity
- Utilized a modular approach for reusing the existing model definition
CHangING the Bank
Nagarro helps IN
For the more disruptive projects, small team with cross-functional experts set up and empowered to carry out quick prototyping and targeted roll-outs.
By converting data into insights
Customer Sentiment Analytics
Implemented a management dashboard for measuring and evaluating customer sentiments for the bank and its competitors on social media
Highlights
- Developed a highly interactive UI with visualizations and multi-level metrics for different user types (from CXOs to Marketing Managers)
- Enabled a real-time notification system and comparative analysis for various brands, people and demographics