Seamless 24/7 Core Banking Transition
Optimizing Core Banking for Real-Time Payment Operations
ABOUT THE CLIENT
HSBC is a leading global banking institution, serving millions of customers worldwide with a strong presence in retail, corporate, and investment banking. With a commitment to innovation and financial excellence, HSBC continuously evolves its technology and operations to meet the demands of a fast-changing financial landscape.
ABOUT THE PROJECT
Industry
BANKING & FINANCE
Business Model
STAFF AUGMENTATION
Client Location
URUGUAY
Tech Stack
Project Duration
3 months
Team Size
2 people
HIGHLIGHTS
SEAMLESS TRANSITION TO 24/7 OPERATIONS
Updated over 70% of core banking programs to enable real-time transaction processing.
ADVANCED VALIDATION TOOLS IMPLEMENTATION
Developed high-performance tools to compare executions between production and parallel environments, ensuring accuracy and stability.
RISK-FREE DEPLOYMENT
A structured parallel execution phase and rigorous testing allowed for a flawless go-live with zero regressions.
OPTIMIZED PROCESSING TIME
Process improvements significantly reduced end-of-day execution times.
REUSABLE TECHNOLOGY
The validation tools developed during the project continue to support daily maintenance, system synchronization, and contingency planning, providing lasting value.
CLIENT GOALS
The main goal was to modernize the core banking platform to enable 24/7 payment operations while ensuring compliance with regulatory requirements and maintaining system stability.
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Enable 24/7 payment operations: Ensure that all payment channels remain online, meeting regulatory requirements for continuous availability.
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Modernize Core Banking Processes: Upgrade and optimize over 70% of core banking programs to support real-time transactions alongside end-of-day processing.
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Ensure a smooth and risk-free transition: Implement rigorous testing and parallel execution to detect and prevent issues before going live.
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Optimize Operational Efficiency: Reduce end-of-day processing times, minimizing operational risks and enhancing system performance.
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Develop Long-Term Validation Tools: Create high-performance tools to ensure ongoing system accuracy, supporting daily operations and future upgrades.
THE STRATEGY
In-Depth Process Analysis
A multidisciplinary team of banking, business, and economics analysts, alongside experienced engineers, collaborated with the bank to assess core banking and custom-developed processes, identifying necessary modifications and optimizations.
Phased Implementation & Parallel Execution
To minimize risks, we designed a gradual go-live strategy, running the updated system in parallel with production for over a month, ensuring a smooth transition.
High-Performance Validation Tools
By combining business expertise with technical precision, we developed custom tools to compare execution results in real-time, ensuring accuracy and stability.
Continuous Monitoring & Issue Resolution
Throughout the transition, our business and technical teams worked alongside the client to analyze discrepancies, report issues, and fine-tune execution sequences.
Ongoing Support & Reusable Technology
The tools and methodologies developed continue to be used for daily system validation, production synchronization, and contingency planning, ensuring long-term benefits beyond the initial project scope.
THE OUTCOMES
Our deep integration with the client’s team and a well-planned methodology enabled a successful transition to 24/7 operations. The project resulted in a fully modernized, stable, and efficient core banking system.
Successful 24/7 Payment Transition
The bank fully integrated real-time transactions with core banking operations, meeting regulatory requirements without disruptions.
Flawless Go-Live with Zero Regressions
Through rigorous testing and parallel execution, the transition was smooth, risk-free, and regression-free.
Optimized End-of-Day Processing
Execution times were significantly reduced, minimizing operational risks and improving overall system efficiency.
High-Performance Validation Tools
The custom-built monitoring tools ensured accurate comparisons between production and parallel environments, increasing reliability.
Long-Term Value & Reusable Solutions
The tools and optimizations continue to support daily operations, system maintenance, and contingency planning, adding lasting benefits to the institution.