Modernize your business with the Digital Product Workbench
DPW enables banks to develop in-context solutions rapidly and collaboratively for customer life moments, thereby improving customer engagement with personalized offerings. Thus, banks can build a revenue-generating ecosystem by collaborating with non-banking partners like e-commerce, taxi aggregators, insurance providers, and other financial services providers.
Banks can successfully harness a collaborative and inclusive culture and explore emerging technology to its full potential: from start-up to scale-up, by bringing together the right tools, processes, and frameworks.
Key features
- Customer-first ideation allows banks to keep the customer at the center of any initiative to develop the "right" user journeys. The platform provides an integrated view of the product backlog to the product owners through integration with Jira, Confluence, or similar tools. The platform can also be integrated with service design tools such as Figma, Miro, Mural, and others to enable a design thinking-led approach for ideation.
- An API Hub that provides self-service tools for hassle-free onboarding, discovery, and try-outs of APIs. The API hub enables banks to onboard their APIs while providing an ability for third parties, including customers, tech providers, and other required partners, to easily onboard and maintain various versions of their APIs.
- A Digital Twin Environment that provides out-of-the-box synthetic data exposed as banking functional APIs to enable testing for scale and relevance. The Digital Twin is customizable and can replicate the bank's production data schema with minimal effort and is populated with synthetic data generated based on production metadata. This helps build confidence that any solution developed over the DPW will work equally fine in the real production environment.
- A collaborative environment with pre-built digital journeys for banks to onboard partners and other third parties makes it easy for them to work with the bank. The platform allows multi-organizational teams to work together as a single project team with access to a common set of resources, including UI/UX designs, discussion forums, and a development environment.
- An enhanced developer experience and a well-defined path to production through an on-demand, in-browser, cloud IDE integrates with our microservices code generator and supports configuration to ensure that the code is developed as per the organization's coding standards. The IDE is integrated with code repositories and DevOps pipelines to ensure a smooth and seamless production deployment post-development.
Key benefits
Our platform combines pre-integrated components that enable banks to drive tech validation and rapidly develop digital products and services. Some key benefits delivered by DPW are:
- Build and deliver digital experiences with faster validation (from years or months to weeks)
- Improved visibility to product owners across the product development lifecycle
- Cost savings and improved ROI in digital product development
- 80% improved time taken to develop MVPs in collaboration with third parties