A Swiss financial services company, wealth manager, and global investment bank with business divisions in over 50 countries needed a way to quickly and securely connect their mainframe applications to a third-party database with very low latency in order to fulfill KYC due diligence in real time.
Due to its legacy infrastructure, the banking giant needed a way to rapidly create uniform SOAP and REST APIs that would be called from a variety of programs, including their mainframe PL/I z/OS-based business logic applications.
Additionally, executives needed this challenge addressed as soon as possible. The integration solution had to be up and running quickly, and there was little time for their engineers to write new APIs or PL/I code. This API platform had to interface with a wide range of banking technology, such as 3270 screens and legacy programs to hybrid-cloud mobile applications.
When the banking giant reached out to GT Software to conduct a Proof of Concept (POC), they wanted to see the capabilities of GT Software’s mainframe modernization solution, Ivory, first-hand.
Lasting only a week, the firm was able to create Smart APIs that called out to Refinitiv’s World-Check database and fulfilled KYC due diligence. They were convinced Ivory was the only solution that accomplish what they needed.
Using Ivory today, the bank is able to:
Using Ivory, this global financial services institution securely connected their mainframe and mobile applications to fraud detection services with little or no coding needed. Thanks to Ivory’s Smart APIs, the bank’s legacy system will stay securely connected to fraud detection services regardless of what changes are made to the applications or infrastructure in the future.
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