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TYMEBANK – Financial Solutions And Cloud Banking Case Study

Author: INNOTECH
Date: 21/11/2019

The Client

TymeBank is the first bank in South Africa to put its core-banking platform in the cloud. 85% of TymeBank’s systems are AWS cloud applications that provide system scalability, uniform security and cost efficiencies. TymeBank’s use of technology and the strategic relationship with Pick n Pay and Boxer stores eliminates the need for physical branches. The reduced operating costs and the national presence of the retail stores removes the barriers that have traditionally prevented an estimated 11 million unbanked South Africans from accessing banking services.

Business Needs

  • Develop an innovative solution to meeting the needs of TymeBank.
  • Have to commitment to results and predictable delivery.
  • Dedicated to quality and enthusiasm in work.
  • App with the added benefit of needing less space on customer’s devices

Project Challenges

  • Working within a tight deadline.
  • Problems can arise from inaccurate, missing, or vague system requirements specifications.
  • Have to procure high-performing and secure products, code quality has to be tested and reviewed continuously throughout the development stages.
  •  We have to ensure that a solid security-first ethos exists across our entire project team in Tymebank’s office.

Solutions

  • We have supported Tymebank with experienced specailists.
  • We are helping TymeBank deliver on its cloud banking goals,
  • We have found the smartest solutions to the most complex problems financial services
  • ITV have turned the best ideas into reality so that the client can rapidly see and realize value from them.
  • We have applied some advanced language programming such as:
    •  Java (Spring Boot, Spring Cloud, Spring Security, Data JPA, Data Elasticsearch), React Native, React JS
    • PostgreSQL, Elasticsearch, Ehcache
    • Quatz, Docker, Docker Registry, Apache Http Server, Kong Api Gateway

Achievements

  • ITV has provided a perfect and entire soluton for TymeBank.
  • Reduced operating expenses.
  • The client has placed its trust in us.
  • Our dedicated teams become an essential part in its core project.
  • Highly interaction to work together.
  • ITV has been a responsive, talented, and professional organization for Tymebank, including both quality assurance and development projects at a competitive cost with the highest quality.
  • Together with a very supportive management team.
  • Tymebank continue to corporate with ITV because of these traits, and leverage our skills as an extension of our in-house development group.

Contact experts at Innotech Vietnam for any questions about Software outsourcing for Fintech!

Email: info@innotech-vn.com

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