A Complete Cloud-Based Core Banking System from TAS

Recently, TAS has invested considerably in the migration of its banking and financial software platforms to the cloud. As a result, customer services and solutions will become more efficient, secure, and flexible, while operating costs are reduced and resource management will be more easily.

TAS provides to?IMEL?and?Payment Institutions?a complete core banking information system, offering both payments and e-money functionalities, available through ?the major public clouds, notably AWS.

?We constantly invest in technology to offer scalable and flexible services that can be easily adapted and updated according to customer needs? explains Vittorio Costa, Software Factory Director of TAS. ?The architecture of our software is designed by microservices managed with a Kubernetes container manager, and supported by streaming processing through?Kafka. In other words, we are using cutting-edge technologies to be more reactive in development times and flexible to offer customized solutions. The continuous integration (CI) and continuous delivery (CD) model also allow us to make changes to the installed software extremely quickly. Even our web technologies have been reorganized such that they can be decomposed and put together using microweb apps analogous to back-end microservices. ?

“Moreover”, Costa continues, “the machine learning technologies we have been using for fraud detection and prevention are now being integrated into our bank treasury applications. ” Data lakes have been created to analyze payment transaction data. This data can then be used to conduct statistical analyses, gain insight into customer behavior, and make segmentations or marketing surveys. With instant payments come added benefits from the use of machine learning for cash bank management. These technologies are able to analyze financial information in real time and provide a helpful forecast for cash flow management.

At TAS, the security of its software has a priority status too. As Fabrizio Brintazzoli, Chief Information Security Officer of TAS explains: ? In today’s IT industry, security is increasingly becoming an essential aspect. Businesses are heavily investing in the safety of their applications as well as in source coding. To ensure our software meets top standards, we decided to use Synopsys – the world leader in code analysis. The Synopsys platform allows us to perform security analysis in various ways: SAST (Static Application Security Testing), DAST (Dynamic Application Security Testing), SCA (Software Composition Analysis) and IAST (Interactive Application Security Testing). All code at TAS is now scanned with Synopsys to detect and rectify any potential risks before they become threats. Thanks to these measures, we can deliver safe and reliable products and services which have earned us many positive feedbacks reviews from customers. ?

Author: Bancaforte "Con TAS un sistema completo di core banking su cloud"

English Translation by TAS