The development of modern financial architectures is one of our core competencies. The ever closer integration of dispositive application areas requires integrated, cross-departmental solutions. Strong. Consistent. Scalable. These are essential attributes. These are essential attributes with regard to the requirements of comprehensive system architectures. Because often it is heterogeneous IT system landscapes that have grown over decades and are no longer up to today’s challenges. New and constantly changing requirements pose high hurdles for both the IT departments and the corresponding specialist departments. Those responsible for IT have to maintain and further develop a large number of systems and extend interfaces. mehr lesenschließen
Business departments reach operational limits when it comes to handling processes, manual solutions and organizational regulations. The main goal is to reduce complexity – to the advantage of all parties involved – by unbundling the operative from the dispositive system world. Last but not least, precisely these historically grown legacy interdependencies of all architectural components make the “new construction” of architecture necessary. The standardization and centralization of technical functions and methods is regarded as an adequate means.
Frequently the lack of functional and technical design possibilities in the operative and dispositive world lead to a solution in which we establish a central data layer between these two universes for many customers. This data layer form the link between the two worlds. A “financial data layer” as a firewall: a first step towards layer architecture. This decoupling of the operative from the dispositive world enables the architectural tasks to be clearly located at a central location. In addition, the establishment of a central financial data layer allows changes to source systems and customer systems to be carried out independently.
The efficient feed of regulatory (standard) software from integrated and harmonized data layers facilitates the implementation of permanently changing regulatory requirements. A reconcilability between the various disclosure channels creates additional value for the entire regulatory bank management.
Transformation projects face external challenges which, to the dismay of all project participants, are not a fixed point but a changing goal. In this area of conflict, the employees of XPACT Consulting GmbH know how to not only incorporate our experience from other projects into their projects, but also to adapt it to the needs of their company and their project in a customer-specific way. From “best practice” to “best fit”. The creation of a target architecture plays an important role. Against the background of ever more complex challenges, this represents the compass for the development of flexible and, above all, sustainable solutions.
