Technology Magazine April 2018 | Page 248

STEWARD BANK

“ Our model and main interest has always been to simplify banking and guarantee financial inclusion when providing solutions that are relevant to Africa and also relevant to Zimbabwe ”

DR LANCE MAMBONDIANI Steward Bank Chief Executive Officer

STEWARD

BANK TRANSFORMS INFRASTRUCTURE WITH SMART INTEGRATION SOLUTION
Steward Bank engaged with ProSolutions to create a sophisticated integration solution designed to overcome legacy challenges in bank infrastructure and transform capacity capabilities . The goal was to rapidly develop and deploy a solution that could handle the increased load in the online banking and electronic delivery channels .
THE SOLUTION Real-time transactions - bank to wallet ; wallet to bank ; balance enquiries and mini statements are now sent from Liquid Telecom ’ s Postilion Switch to a socket hosted on i-Con . The platform decodes and maps the incoming requests to an OFS message in T24 , the core banking system at Steward Bank . Then , based on the response from T24 , i-Con sends back a response to Liquid Telecom . And all this takes place in under half a second .
“ We are also now able to roll out new services quickly and the methodology is so much more efficient . We can introduce transactions that previously we would not have been able to do without the platform in place .” TAKUDSWA MUZVIDZWA IS PROJECTS & ENTERPRISE ARCHITECTURE MANAGER , STEWARD BANK
First Floor , ACS House , 370 Rivonia Boulevard ( North Close ), Rivonia , South Africa | + 27 11 573 6751 | info @ prosol . co . za | www . prosol . co . za
248 April 2018