The bank’s digital transformation process had several hurdles to overcome. Its legacy infrastructure was too outdated to support a cloud-ready core banking solution and required a complete software migration. The budget allocated for a new software solution was also limited.
With these hurdles in mind, HPE Pointnext Services – a team that advises and helps customers accelerate their digital transformation – got down to work. Partnering with a local systems integrator (SI) who specialises in digital banking solutions, HPE helped develop a core banking application that allows the bank and its branches to operate through a centralised system.
The new banking solution is based on a “pay as you use” infrastructure – dubbed HPE GreenLake – where the client only needs to pay for what they have utilised. This helped to save costs without compromising efficiency of the new system.
The HPE GreenLake model and core banking application worked together to generate a so-called software as a service (SaaS) model that allows the bank to lower its upfront costs on system migration, gain quicker accessibility and achieve easier integration and scalability of its digital processes based on the customer’s needs.