We ideated, prototyped, and implemented the Open Innovation Platform (OIP). OIP is a payment innovation, cloud-native platform that’s industry compliant with ISO20022. Hosted on Microsoft Azure, the solution enabled the bank to:
- Accelerate the customer onboarding journey from months to weeks
- Use the production-like Payment Digital Twin Ecosystem to test, validate, and certify payment messaging standards, APIs, and workflows.
- Create synthetic data with various real-life scenarios using the data vortex tool, Data Generator.
- Collaborate with third-party FinTechs, customers, and regulators to ideate, collaborate, experiment, test, and validate messages and rules as per the business mandates.
- Test multiple clients with ease in separate integrated development environments (IDEs).