BANKING

BUILDING AN INTEGRATED
DIGITAL BANK
Customer Profile
Established nearly 50 years ago, this central bank is the main
Banking in the Gulf
monetary authority of its country. Its duties include: issuing As the institution tasked with governing human resource management systems,
the national currency; setting and implementing monetary
policy; overseeing the country’s banking system; and serving the country’s financial and commercial e-banking and cash management
as a financial advisor to the government. banking sectors, this central bank solutions, extranets, real-time feeds
has a lot riding on its shoulders. With to a range of financial management
New Challenges nearly two dozen banks to oversee and platforms, and, most recently, a high-
• Highly dynamic financial market the currency of an export-dominated level business process management
• New and emerging financial players (FinTechs) country to manage, it’s a mission-critical solution. Ensuring all its applications
• Management-level decision to become a hub for government entity—and therefore one work together flawlessly and pose
innovation
that demands seamless IT integration. minimal risk to the disruption of
business requires a structured, strategic
Software AG Solutions In recent years, as the country’s financial integration platform. Since 2006, the
Digital Business Platform: system has grown increasingly complex, central bank’s partner in this endeavor
• Application Integration powered by webMethods
• Process Automation powered by webMethods
this central bank has transitioned has been Software AG and its powerful
away from legacy-based applications webMethods suite for application
and toward a new breed of best-in- integration and process automation.
Key Benefits
class technologies: core banking and
• Ensured functionality of mission-critical applications
• Enabled new technology adoption
• Orchestrated shift from mainframe to strategic
integration
• Drastically reduced development and maintenance costs
• Better positioned in growing financial sector
“The shift to strategic integration was a game changer.
webMethods bolstered our entire IT integration layer.
And we ended up changing the strategic power of our
business with it.”
— Head of IT & Banking Systems

CUSTOMER REFERENCE
Building an Integrated Digital Bank

Ramping up to full bolster our entire IT integration layer. And

we ended up changing our entire business
throttle with webMethods with it.”
Twelve years back, when the central bank
began its Software AG journey, its goals The business process
for the partnership were modest: The bank
needed a way to streamline data for its
management solution
regulatory reports on domestic banks and Emboldened by this success, the central
was drawn to the analytics capabilities of bank is now taking integration one step
webMethods. Quickly, however, it saw it had further. In early 2018, bent on becoming the
a product in hand that could be harnessed region’s most digital central bank, it added
to solve other pressing challenges, including a new tool to its arsenal: webMethods
an outdated legacy IT architecture that had BPMS. With Software AG’s business process
grown in silos over time due to the lack management solution, the central bank will
of an enterprise integration layer. In this be able to further automate internal and
environment, its planned adoption of new external processes, increase compliance
best-of-breed technologies would have with third-party financial institutions, and
posed massive systemic risks and added strengthen the country’s status as a leader
costly inefficiencies, hindering the central in digital business at a time when its
bank’s security, reliability and governance government is seeking a three-fold scale up
standards. in foreign investment. At the same time, this
Luckily, Software AG had a host of will also enable the central bank to become
webMethods solutions to remedy this a technology partner for companies and
situation fast while providing the backbone vendors active in the financial sector by
for a more robust integration in the future. creating a unique ecosystem for creativity
First, in 2009, the central bank turned to and innovation.
webMethods ApplinX and webMethods
Combined with its existing Software AG
EntireX to modernize its core mainframe
solutions, webMethods BPMS will provide
assets—and provide a platform to
the central bank staff with an even greater
accelerate the integration between its
peace of mind that its back-end is in
established legacy applications and the new
order, giving it more time to focus on its
technologies it sought to embrace. Five
years later, the central bank ramped things primary mission: ensuring financial sector
up full throttle by adopting webMethods stability and keeping the national economy
for a bank-wide strategic integration— humming. In this, thanks to Software AG,
essentially entrusting it to manage its entire it has already been quite successful. As of
and rapidly expanding business IT suite. this year, the credit rating agency Moody’s
Almost immediately, the bank discovered described the nation’s banking system
the array of benefits—including integration “stable,” noting a recent fall in non-
capabilities for new applications, partner performing loans and predicting steady
institutions, mobile devices, services, APIs economic growth and “solid financial
and big data, and the ability to respond fundamentals” during the next 12 to 18
faster to changes. Critically, it also realized months.
a massive reduction in development and
“The adoption of BPMS marks a new,
maintenance costs driven by a growing
exciting milestone in what has become a
repository of reusable assets.
long-standing, trusted partnership,” says the
“The shift to strategic integration was a central bank’s Head of IT & Banking Systems.
game changer,” says the central bank’s Head “Now, we are utilizing webMethods not
of IT & Banking Systems. “webMethods only as a tool of integration, but as an asset
worked so well in getting our mainframe to solve increasingly complex business
house in order, that we realized it could problems, and ultimately drive economic
growth. The best is yet to come.”

ABOUT SOFTWARE AG
Software AG (Frankfurt TecDAX: SOW) helps companies with their digital transformation. With Software AG’s Digital Business Platform, companies can better interact with their customers
and bring them on new ‘digital’ journeys, promote unique value propositions, and create new business opportunities. In the Internet of Things (IoT) market, Software AG enables enterprises
to integrate, connect and manage IoT components as well as analyze data and predict future events based on Artificial Intelligence (AI). The Digital Business Platform is built on decades of
uncompromising software development, IT experience and technological leadership. Software AG has more than 4,500 employees, is active in 70 countries and had revenues of €879 million
in 2017. To learn more, visit www.softwareag.com.

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