Corporate Presentation - GFT Italia Maggio 2019 - ABI Lab
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Corporate Presentation GFT Italia Maggio 2019
Shaping the Type here if add future of digital info needed for business every slide Use of this presentation Remarks: This document is a general company presentation. It is for general purposes only and it is not intended to be the basis for proposals and / or contracts. The content of this presentation is protected by law and should not be used without the prior written consent of the GFT Technologies SE and GFT Italia s.r.l.. GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 2
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GLOBAL DELIVERY WORKFORCE* RICAVI**
5.500 € 413
Shaping persone milioni
the future NUMERO DIPENDENTI*
4,870 4,875
STRUTTURA AZIONARIA
of digital 3,131
business 1,027
1,300 1,386
2008 2010 2012 2014 2016 2018*
Ulrich Dietz Maria Dietz Free float
* di cui 625 risorse esterne | FTE secondo IFRS
** di cui > 80% in Banking
CONSULENZA SOLUZIONI APPLICATION
DIGITALI MANAGEMENT &
OUTSOURCING
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 3
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Guidiamo il cambiamento digitale
CAPITAL RETAIL
MARKETS BANKING INSURANCE INDUSTRY
CONSULENZA SOLUZIONI DIGITALI APPLICATION MANAGEMENT
& OUTSOURCING
Forniamo servizi di consulenza per Sviluppiamo soluzioni IT, moduli e Manuteniamo, personalizziamo e
qualsiasi processo di pacchetti applicativi personalizzati sviluppiamo applicazioni con
trasformazione, dal concept iniziale sulla base delle esigenze del l’obiettivo di ridurre al minimo i
all’implementazione globale del cliente – partendo da zero o costi e massimizzare la qualità e la
business e ai modelli operativi – aggiornando le applicazioni flessibilità.
incluso il lancio di specifici processi esistenti.
core.
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 4
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Espansione internazionale e mercati target
Ulrich Dietz founded GFT in Germany Launch of
GFT GFT GFT GFT GFT GFT GFT Canada,
Switzerland UK Spain Brazil USA Italy Costa Rica
and Poland
87 90 97 99 00 01 02 04 05 08 11 12 13 14 15 16 17 18
Major project: GRIT (Object-
graphical user interfaces)
V-Neo (Canada/Belgium)
oriented environment for
Nearshore development
Adesis (Spain, Mexico)
Large IT-outsourcing
Asymo (Switzerland)
Habber Tec (Brazil)
Rule Financial (UK)
(Germany, Spain)
Mecemsa (Spain)
Deutsche Bank
centre in Spain
Sempla (Italy)
Acquisition of
Acquisition of
Acquisition of
Acquisition of
Acquisition of
Acquisition of
Acquisition of
Certification
CMMI®
IPO
INDUSTRY
INSURANCE
BANKING
TECHNOLOGY
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 5
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5.500 esperti in 13 paesi
France (5)
Paris
Belgium (5)
Canada (230) Brussels
Toronto Switzerland (50)
Quebec
Basel
UK (200) Zurich
London
Germany (400)
USA (60) Bonn
Eschborn/Frankfurt
Boston
St. Georgen
New York
Stuttgart
Mexico (240) Italy (700)
Mexico City Poland (700) Florence
Genoa
Costa Rica (110) Lodz
Milano
Poznan
Heredia Montecatini Terme
Warsaw
Padova
Brazil (750) Spain (2,050) Piacenza
Siena
Alphaville Alicante Torino
Curitiba Barcelona
Sorocaba Lleida
Madrid
Valencia Locations
I numeri includono dipendenti (FTE) e risorse esterne Zaragoza Nearshore locations
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 6
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I leader di mercato si affidano a noi
CAPITAL RETAIL
MARKETS BANKING INSURANCE INDUSTRY
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 7
Shaping the Type here if add future of digital info needed for business every slide Cosa facciamo GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 8
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Competizione più agguerrita per i budget IT
Multi- Fraud
channel
Data
Digitalisation management
Backend
Customer flexibility
centricity
New Time to
competitors market
Services
New
markets Legacy
systems
Connectivity
Brexit
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 9Shaping the Type here if add
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GFT Helix: Disruption ed efficienza in azione
CUSTOMER CENTRICITY COLLABORATION AUTOMATION GAME CHANGERS
Front-end modern architectures Open APIs | Internal APIs Robotic & intelligent process Artificial intelligence (AI) | Machine learning (ML)
Design thinking | Digital product design Business as a platform automation (RPA | IPA) Natural language processing (NLP)
Customer life journeys (bus. service design) Modular architectures Bots | Virtual assistants Distributed ledger technologies (DLT)
User experience (UX) Ecosystems (rebundling) User & operational analytics | KPIs Augmented, virtual & mixed reality (AR | VR)
INNOVATION
TRANSFORMATION
PLATFORM ENGINEERING DATA ENGINEERING REGULATORY, RISK & CLOUD ENGINEERING
Agile & DevOps transformation Data architecture & reengineering COMPLIANCE SERVICES Cloud assessment & preparation
Core platform optimisation & management Data governance & quality Compliance & risk control / visualisation Migration & optimisation
Replatforming | Platform development Data lineage & insights Regulatory automation DevOps & CloudOps
Vendor solutions Data lakes Business continuity Native cloud development
Microservices
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 10Shaping the Type here if add
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Tecnologia applicata
ARTIFICIAL BLOCKCHAIN CLOUD DATA INTERNET OF
INTELLIGENCE DLT ANALYTICS THINGS
Autonomous and Reduced reliance Easy ramp-up Transform data Connecting
proactive on intermediation into knowledge cyber and
Highly flexible
decisions physical world
Shared access to and scalable Fast and smart
Intelligent trusted data decisions Infinite
Enables realtime
workflows and opportunities for
100% integrity of decisions Great customer
interactions optimisation
information experience
Productivity boost Unleashes new
by automation business ideas
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 11Shaping the Type here if add
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Le nostre competenze
Project- Digital
Consulting solutions
management
Agile
Application
management
Scrum & outsourcing
CMMI TECHNOLOGY
Retail
Freelancers GFT HELIX banking
Insurance
Capital
Partners markets
GFT Industry
Experts
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 12Shaping the Type here if add
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Collaborazione con partner specializzati
SOLUTION
PARTNERS
TECHNOLOGY
PARTNERS
STARTUPS
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 13Shaping the Type here if add future of digital info needed for business every slide Il Digital Innovation Lab di GFT GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 14
Shaping the Type here if add future of digital info needed for business every slide Come lavoriamo GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 15
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Cosa ci differenzia
Big enough to deliver – small enough to care
Processo decisionale snello grazie alla struttura organizzativa orientata al cliente
Delivery scalabile a livello globale – onsite | mixed shore | nearshore
Delivery accelerato
Metodologie efficaci assicurano delivery di successo in progetti di alto profilo
Approccio concreto basato su creatività e competenza
Passione per l’innovazione
I GFT Labs e il network CODE_n identificano trend e tecnologie disruptive
Piattaforme e acceleratori consentono scalabilità agile e una efficiente digitalizzazione
Focus sulla sostenibilità
Un’ampia percentuale azionaria di GFT è posseduta dalla famiglia fondatrice
Caring | Committed | Courageous | Collaborative | Creative
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 16Shaping the Type here if add
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I nostri core values
Ci prendiamo cura delle persone, delle loro culture e
opinioni e rispettiamo tutti in eguale misura.
Ci impegniamo all’interno della nostra azienda e con
i nostri clienti.
Collaboriamo per riuscire nel nostro lavoro come
una squadra.
Abbiamo il coraggio di affrontare le sfide ed
esplorare nuovi orizzonti abbracciando così nuove
opportunità di crescita.
Trasformiamo le idee in soluzioni creative e ci
impegniamo per ottenere risultati di qualità in tutto ciò
che facciamo.
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 17Type here if add Shaping the
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Quando la passione finalmente ripaga
2018 IDC FinTech
Rankings
Real Results Awards
Category Efficiency & Agility
IDC FinTech
Rankings 2017
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 18Shaping the Type here if add future of digital info needed for business every slide Success stories GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 19
Shaping the Insurance Italy
future of digital
business
Improving customer THE CHALLENGE
Need to improve customer care and convenience
service in insurance Use Artificial Intelligence and cognitive technologies to leapfrog user experience and loyalty
Limited expertise on the client site in identifying suitable business processes and technology
with AI and chatbots
Success story
THE ENGAGEMENT
Technology consulting: ideation, exploration and integration
Decision to design a chatbot for customer care services
Exploration of technologies: Front-end and communication channel implementation, chatbot
personality and user experience modelling, Natural Language Understanding engine selection,
chatbot dialog platform
Integration of chatbot with the knowledgebase (structured and unstructured) as well as relevant
workflows and processes
THE BENEFIT
Proof: AI can hugely boost customer care and save costs
Chatbot is an ideal first project to effectively deploy AI technologies
Client teams were upskilled
Client build a road-map for the adoption of cognitive technologies in high-impact areas with
measurable ROI+
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 20Shaping the Capital Spain
future of digital markets Poland
business
Risk data aggregation THE CHALLENGE
Cover the overall objectives of the BCBS239
and risk reporting portal Strengthen the banks’ risk data aggregation capabilities and internal risk reporting practices
Enhance the risk management and decision making processes
for tier 1 global bank Collate and visualise the results of +3,000 controls across the risk and finance aggregation and
reporting processes
Success story
THE ENGAGEMENT
Provide a flexible and extensible RDA&RR portal to contain three levels of information; from
Creation of automated the granular measurement point level to the highly aggregated BCBS239 compliance level
risk-reporting portal Delivery of multiple portal releases ahead of schedule following agile principles
Technology: HTML5 Portal, QlikView elements embedded in the portal provide self-service
analytics with short implementation cycles
Dedicated teams set up in Spain and Poland for rapid expansion, with up to 35 heads involved
Handover to the bank’s far-shore teams for maintenance mode
THE BENEFIT
Single, self-service entry point for consistent risk aggregation & reporting across all
divisions
Numerous previous RAD applications decomissioned
Easy creation of new measurement points and risk metrics
Reduced application maintenance efforts
Modern user experience with strong self-assessment activity encourages wide adoption and
interaction by users
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 21Shaping the Capital Spain
future of digital markets Poland
business
Big data THE CHALLENGE
Benchmark cost, agility and performance and propose new, efficient solution
warehouse for Current big data solution consist of multiple bespoke codes running on the Cloudera platform
Large number of feeds to be on-boarded
tier 1 global bank Custom requirements around data, metadata, data publishing and -ingestion processes
Define a migration strategy from onsite, legacy server-based system to internal cloud solution
Success story
THE ENGAGEMENT
Create modern and future-proof big data warehouse
Cloud solution to digitalise Adopting internal cloud technology for smooth deployments
end-to-end business Utilising GFT’s cloud and big data experience to drive efficient ‘problem-shaped’ solutions
Using GFT’s reference data architecture to define architecture and migration strategy
Adopt a TDD / DDD approach, pairing programming with a defined code review process
Data visibility improved Establishing mixed-shore team of cloud engineers and architects
THE BENEFIT
State-of-the-art cloud platform: fast, flexible and consistent data
Accelerate agility Fully-fledged, scalable and efficient big data platform
Able to on-board new feeds quickly in a standardised way
Clear data consistency, reconciliation and lineage rules across entire feed base
Failure detection time down from days to minutes
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 22Shaping the Capital United Kingdom
future of digital markets Poland
business
Blockchain innovation THE CHALLENGE
Utilise blockchain technologies to facilitate a new payments mechanism
for Royal Bank of Build a new blockchain-based payments solution, compliant to SEPA
Prove that the application and blockchain technology can scale to domestic payments volumes
Scotland (RBS) Provide a ‘fast feedback’ environment to achieve an optimised distributed ledger solution that can
move beyond proof-of-concept into production
Success story
THE ENGAGEMENT
“We are pleased to have GFT involved as they Build a clearing and settlement mechanism named ‘Emerald’ with Blockchain and Cloud
bring expertise, tenacity and tooling to this Collaboration with Google and the bank to share resources rapidly and securely
emerging technology. The use of GFT enables Designed a test framework and rig within the Google Cloud Platform to enable rapid deployment
us to maximise the chances of gaining the best of modified configurations and code
results in the performance and scaling testing of Built big data analysis tools to identify where and how to scale up
this new platform.” Built and deployed the GFT cloud technology sandbox with environment and toolset for
collaborative working and rapid experimentation
Richard Crook,
THE BENEFIT
Head of Innovation Engineering, RBS
New blockchain-based payments solution able to scale to real-time payment standards
Proof that Ethereum based ‘Emerald’ scales
Optimised configuration that fully meets the banks business case
Simulated 6 nodes (representing 6 banks) with effective round trip transaction time between 666
milliseconds and 8 seconds
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 23Shaping the Retail Spain
future of digital banking
business
Leveraging Bank as a THE CHALLENGE
Enable the bank to operate under a platform model based on Open APIs
Platform Open APIs to Maintain customer engagement in an increasingly competitive market where new entrants
and FinTechs are challenging customer loyalty at traditional banks
Expand Services Monetise the bank’s data assets by enabling third parties to build new services using these data
sets
Ensure an exceptionally high level of data security according to banking regulations
Success story
THE ENGAGEMENT
Design and implementation of an API development framework used across 11 banks in 35
countries
Customer interactions, web and mobile traffic patterns analysed to plan user experience journey
Design of front-end architecture, working across cultures and continents in multiple languages,
whilst securely collecting the APIs
Focus on architecture, governance model and selection of appropriate tools and software
solutions
Delivered proof-of-concept and blueprint on the functionality of the API infrastructure
THE BENEFIT
Proven, sustainable model for the digital bank of the 21st century
The Bank as a Platform architecture enables an API-focused service development model,
accelerating the delivery of innovative services to customers
Increased customer engagements as customers benefit from more relevant, event-driven offers
accurately matching their needs, as well as smoother transactional experiences with third parties
New third-party revenue streams enabled through open APIs
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 24Shaping the Retail Italy
future of digital banking
business
Digital wallet THE CHALLENGE
Develop a mobile app for P2B, P2G and P2P payments
solution for an Italian Enable payments in e-commerce and physical stores (P2B) as well as person-to-person (P2P)
money transfers through a single mobile app
tier one bank Include payments to government institutions (P2G) for taxes and other public services
Solution must comply with and support required standards for accounts and cards
Success story
THE ENGAGEMENT
Design and implementation of a comprehensive digital wallet solution
Development of the initial business idea and feasibility study
Digital wallet solution with
Implementation in partnership with SIA, an international transactions processor based in Italy
over 4.2 million users
Combination of skills in banking systems, mobile apps and related enabling technologies through
Appverse project
App deployed at over THE BENEFIT
120 Italian banks Secure and easy to use app now deployed by 80% of all Italian banks
Solution recognised by the market as a “de facto standard” with over 4.2 million users
at more than 120 Italian banks
Foundation for the next wave: Smart Living, aimed to make day-to-day life simpler through
advanced mobile services
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 25Shaping the Retail Italy
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Teenage banking THE CHALLENGE
Enable teenagers to manage their finances easily and securely
through BankMeApp With the aim of making financial services more appealing to young people, Crédit Agricole
organised an internal contest with over 20,000 employees worldwide
for Crédit Agricole Italia Crédit Agricole Italia was entrusted with the implementation of the winning project ‘BankMeApp’
BankMeApp shall enable teenagers and their parents to effectively manage day-to-day financial
events, while also providing first lessons on financial education
Success story
THE ENGAGEMENT
Design and implementation of secured mobile app with strong focus on usability
As a long-standing partner to banking group Crédit Agricole Italia, GFT was selected because of
its strong expertise in mobile payment services
Development of the initial business idea and feasibility study
Development of app prototypes with carefully designed user experience and interfaces to attract
young people by engaging graphics and “playful” usability
Implementation of a range of services, ensuring the functional coverage of the application in
compliance with multichannel architecture. Particular attention was paid to security levels
THE BENEFIT
High customer satisfaction and engagement as app becomes part of daily life
Teenagers now able to monitor financials directly on a smartphone, e.g securely request and
obtain additional funds from their parents through the chat function
From the parents’ perspective, the app is an effective tool for financial education as well as
effective day-to-day collaboration with their kids
The Italian Association of Banks (ABI) selected BankMeApp as winner of the “2017 ABI Award –
Innovation for Retail Customers: the bank for the family and young people”
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 26Shaping the Insurance Italy
future of digital
business
Effective timely THE CHALLENGE
Improve the effectiveness of detection and investigation of potential frauds
detection of frauds Sift through huge volumes of structured and unstructured data from many different sources
Correlate different data elements to detect suspicious connections between people and vehicles
with Big Data involved in a claim
Promptly detect potential fraud in order to prevent pay-outs to fraudulent claimants and avoid
financial loss
Success story
THE ENGAGEMENT
Develop an innovative and effective antifraud solution by leveraging Big Data technologies
Combining Big Data technologies with NoSQL data models to execute complex real time queries
in over 60 million documents
Deployment of advanced technologies like machine learning and semantical engines
Integration of new data sources from the Web, like national and local press
THE BENEFIT
An award winning solution and the beginning of a strategic partnership
HDI Assicurazioni now has an established and solid Big Data foundation, used as main pillar for
its innovation strategy
Professional platform to efficiently detect potential frauds - thus preventing financial loss
The solution was recognised as the “Best Antifraud solution” at Italy Insurance Awards 2017
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 27Type here if add Shaping the Industry Germany
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Pharma supply chain THE CHALLENGE
Build a POC to demonstrate blockchain tracking for the pharma supply chain
tracking and planning Design and proof all necessary components
Use Cumulocity IoT platform (GFT partnership with Software AG)
with Blockchain Provide base for industrial rollout
Success story
THE ENGAGEMENT
Transfer use-case into operational IT solution
Provide blockchain knowledge for use case development
Architecture design
General software development for UX, back-end and front-end
THE BENEFIT
Concept and architecture validated: enhanced transparency and quality controls
Trusted data regarding punctuality, damage, theft, temperature deviations, loss
Analysis of influencing variables e.g. weather, strike, natural disasters, wars, political influences
Transparent multi-stakeholder planning and risk management: Which routings are safest?
Benchmarking of different roles e.g. freight forwarder, cargo, airline and identification of non-
performers
Enabling short-term operational counter-measures
Easy to use mobile interfaces
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 28Shaping the Type here if add Retail Banking Spain
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Lawsuit document THE CHALLENGE
Optimise lawsuit document handling process at large Spanish retail bank
processing Timeconsuming classification of lawsuits, i.e. extraction of relevant entities and the
comprehension of legal implications in unstructured documents
with AI Potential bottleneck at entrypoint of process (when claims are handed in)
Need for full integration into relevant business processes
Success story Scalable setup to allow extension of solution to other use cases
THE ENGAGEMENT
Design and roll-out of an integrated AI solution, based on machine learning and deep
learning
Lawsuit documents
Business value demonstrated through initial Proof of Concept. Over 2,000 documents were
processed 60% faster used for training the algorithms
The full scale solution is automatically classifying legal lawsuits by extracting relevant content
and determining the object of the claim
Increased customer Machine learning and deep learning algorithms used to automatically classify documents in pre -
satisfaction defined classes
THE BENEFIT
60% reduction in time
Bottlenecks at the entry point are avoided and claims are promptly routed to the relevant legal
team
High efficiency of the solution to incorporate new types of claims. By directing unusual claims for
manual processing by humans, the solution learns about this new type of claim and is able to
accurately classify it in the future.
Customer satisfaction increased due to more rapid responses, augmenting the possibilities of
reaching a friendly settlement to the claim
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 29Shaping the Type here if add Insurance United Kingdom
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THE CHALLENGE
Digitalisation of business A lack of technology was a business inhibitor
workflow for a leading Our client, a global financial services firm quoted on NASDAQ, acquired an independent
insurance broker to develop a new strategic vertical sector
insurance broker Many of the business processes at the broker were manual: insurance requests, quotes and
documentation were all paper based with high transaction costs
Manual processes made it difficult to respond to market opportunities and regulatory change
Success story quickly
THE ENGAGEMENT
Cloud solution to digitalise Design and deliver an Insurance-as-a-platform solution to support an ambitious growth plan
end-to-end business GFT managed the entire project, including:
A review of existing business workflow and proposed new automated processes
Design and build a fully automated solution to collect insurance requests via a web interface,
streamline workflow, generate automated quotes and digitise all documentation
Reduced business costs
Implementation of a new architecture with AWS Lambda, using ReactJS with Redux and Java
for the back-end based on ‘cloud native’ serverless applications
Adopted DevOps, and a continuous delivery pipeline using AWS and a mixed-shore
Improved response time for development team to deliver in the shortest possible time
customers
THE BENEFIT
The business has been transformed and the client is more agile and responsive
Greatly reduced cost-per-transaction and improved response time
faster completion of tasks
Tasks that previously took two days to complete are now completed in two minutes
(500 times faster)
Business benefits from scale and high-volume, low-value markets are viable now
Improved client experience that drives new business and loyalty
New products can be added easily without changing software
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 30Shaping the Type here if add Capital Markets United Kingdom
future of digital info needed for Poland
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Google Cloud Platform: THE CHALLENGE
The consolidation of regional platforms onto single global regulatory reporting platform as
Liquidity Coverage part of the Future State Architecture for a Global Tier 1 Investment Bank
GFT were engaged to deliver a Liquidity & Capital risk regulatory reporting solution that takes all
Ratio Reporting the daily investment banking trade data, performs validations, data quality checks, aggregations
& reporting across all regions and asset classes for the business and global regulators
Move to a strategic future state architecture and retire legacy applications
Success story Create a big-data solution for Capital & Liquidity reporting, which the global bank was reliant on
THE ENGAGEMENT
Modelled different architecture options on Google Cloud Platform (GCP) and recommended
the optional configuration using BigQuery, Python and Apache Beam
Team of 10 nearshore and 5 onshore experts worked with the client in collaboration
Consolidated regional platforms
Consolidated regional platforms onto single global regulatory reporting platform as part of the
Future State Architecture
To meet the demands of regulatory reporting T+1 the GFT Finance Reg Reporting team
Reduced daily processing time resorted to aggregate level processing and reporting to meet the regulatory requirements
by 90 percent Big Data Solutions, MicroServices, DevOps, Open Source distributed processing, Test Driven
Development (TDD) utilising Cucumber, Business Driven Development (BDD) to enable
subsequent migration to cloud once the on-premises application was implemented
Accurately calculated the daily LCR THE BENEFIT
Massive reduction in processing time
Reduced the daily processing time from 6 - 10 hours to under 30 minutes with the GCP
application
Client now able to ingest trade data from across the divisions of the bank - investment banking,
retail banking, commercial banking and private banking
Accurately calculated daily LCR in line with both the bank’s and the regulators requirements
GFT GROUP 05/06/2019 CONFIDENTIAL - © GFT TECHOLOGIES SE AND GFT ITALIA S.R.L. 2019 | ALL RIGHT RESERVED 31Shaping the future of digital business GFT sta guidando la trasformazione digitale delle istituzioni Contatti: finanziarie leader a livello mondiale . Altri settori, come l’industria e il settore assicurativo, si avvalgono delle significative capacità GFT Italia S.r.l. consulenziali e di implementazione di GFT in tutti gli as petti delle Via Sile, 18 tecnologie pioneristiche, come il cloud engineering, l’intelligenza 20139 Milano artificiale, Internet of Things per l’Industria 4.0 e blockchain. marketing.italy@gft.com Con la sua profonda competenza tecnologica, solide partnership e soluzioni IT scalabili, GFT aumenta la produttività nello sviluppo software. Ciò garantisce ai clienti un accesso più veloce alle nuove app licazioni IT e agli innovativi modelli di business, riducendo, allo stesso tempo, i rischi.
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