Banking and Payments

ignite helps large banks and payment processors become as nimble as digitally native companies, without having to scrap existing IT systems and start from scratch by building a holistic and abstracted catalog, baking in API governance, and creating bundle ready building blocks.

Banking Innovation with ignite

Unlocking tied up functionality like Money Transfer

ignite delivers IT solutions for banking business needs

IT Modernization

Bank IT Modernization in Months not Years Without Adding Tech Debt
digitalML's ignite platform helps large banks and payment processors modernize their IT

When it’s time to replace core banking systems, update runtime platforms and transition monolithic applications to micro or answer to open banking security constraints, ignite’s holistic catalog and lifecycle makes it safer, faster and cheaper. ignite let’s you build a layer of microservices representing your business functions that are managed as abstracted designs and organized as reusable, compliant, building blocks. These can be easily combined to apply Banking business logic to a standard backend core banking platform. Modularizing your business logic makes it easier to move to the cloud and replace your old monolithic systems in a properly controlled way. As the designs are code and platform agnostic your new IT landscape is free of tech debt and remains future proof.

Digital Enablement

Banking Products and Services Made Bundle Ready
This flow chart explains how ignite platform digitally enables banking products and services.

The next stage of digital enablement (and PSD2, open banking, fintech frenimization) is being able to turn your products and services into bundle-ready products. ignite provides a key part of the infrastructure that supports unlocking existing functionality and digitizing your products and services, while speeding up and simplifying the process. Launch new innovations like branded and flexible cards, money transfer, buy now pay later, know your customer… in a way that’s fit for a traditional bank but fast like a start-up.

Regulation and Compliance

Answer Banking Regulator Request in Hours, Saving Millions
digitalML's ignite platform empowers banks to comply with banking data regulations faster

Regulators now require a Bank to show where your data is, who is consuming the services and APIs, who owns the services and data, what the impact of regulator scenarios are, and how you are supporting legal requirement like PSD2 and GDPR. By importing your APIs, services, data models, mappings, taxonomies into a holistic and abstracted catalog; mapping them to business capabilities (e.g. BIAN) and baking your governance and standards into the plan, design and build process, ignite ensures everything that goes into production is compliant and aligned. ignite also provides easy regulator friendly reporting to support rapid response times to regulators.

Digital Banking Success: How to unlock existing functionality, safely innovate, and modernize IT.

Digital success for large banks hinges on unlocking existing functionality to safely innovate and modernize IT. Without unifying business and IT, overcoming competing priorities, and modernizing fast, it's difficult to simultaneously future-proof your business, launch new innovations safely, and compete with startups. Read the paper for the decisions, maturity and approach large organizations must have in order to take advantage of their unique perch.
  Get the Paper    

Fintech Frenemization

Simplify the process
Simplify the process

through which your customers consume products and services.

Flexible and Seamless
Flexible and Seamless

configuration of assets to help retain and future-proof your business while also creating new partnership opportunities.

Regional Responsiveness & Innovation
Regional Responsiveness & Innovation

Reusable building blocks allow you to launch new innovations fast, wherever you want them .

Fast
Fast

Go faster without creating a new layer of technical debt.

Used by the world’s leading financial service institutions

logo
logo
logo
logo
logo
logo
Learn More