• Digital Transformation for FinTech

Description

A major European bank was facing compliance requirements with crippling fines/potential shuttering consequences and competition that was eating up the majority of new banking customers. The challenges included the following:

New banking regulations requiring transaction completion time of five seconds and Strong Customer Authentication (SCA)
Neobanks (built in the cloud) are gaining market share through mobile app engagement with millennials / Gen Z
Mobile application development best practices include the ability to release code up to 4x/day (~1500/yr)

NTT Ltd. helped the bank on their transformation journey by introducing DevOps processes, containerizing applications, and automating CI/CD pipelines. By combining this with a rearchitected infrastructure which delivers granular control, high levels of automation, and the ability to scale quickly the following outcomes were delivered.

Customer values/problems solved

  • 10 minutes to 5 seconds or less guaranteed - Met regulations to avoid losing banking license – Scale out architecture delivers guaranteed and predictable performance across the full stack
  • 6x per year to 1200+ per year – Code releases to enable the bank to develop and maintain mobile banking applications to compete for new banking customers – Automation-focused redesign of platforms, processes and routines
  • 12x – New customer acquisition rate increase – Bank increases new customer acquisition maintains relevance in a changing market competing with neobanks

Technologies

  • NetApp SolidFire
  • NetApp HCI
  • Full Stack Virtualization, Softwaredefined Storage, Kubernetes, Automation, Monitoring

About Us

Global Data Centers is a division of NTT Ltd. Our global platform is one of the largest in the world. NTT is ranked as one of the top three leaders worldwide by IDC in their Colocation and Interconnection Services MarketScape, spanning more than 20 countries and regions including North America, Europe, Africa, India and APAC. As a neutral operator, we offer access to multiple cloud providers, a large variety of Internet Exchanges and telecommunication network providers including our own IPv6 compliant, tier 1 global IP network. Our clients benefit from tailored infrastructure and experience consistent best practices in design and operations across all of our reliable, scalable and customizable data centers.

Regional Contacts

Americas (RagingWire): +1 916 286 3000 
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EMEA (e-shelter / Gyron): +49 69 7801 2190
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India (Netmagic): +1 800 103 3130
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