fintech transformation...disparate business applica ons redundant systems duplica on of data 60%...

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Follow us @Banyanhills www.banyanhills.com Application Modernization Technology Assessment & Strategy 101001 001110 PAYMENT PLATFORM UPDATES TRANSACTION THROUGHPUT 2 per year per month 1 From To 10 Repor�ng Tools Reduced Infrastructure Costs by over ...the end result ...in the begininng Gained Trust Built a Foundation New Software Development From To Enterprise Data Warehouse Enterprise Architecture Undertook the redesign of the core processing engine. The redesign took advantage of current technology best prac�ces to deliver a highly reliable and scalable solu�on. CORE TRANSACTION ENGINE DEVELOPMENT RESULTS Increased System Availability Improved Transac�on Throughput Dynamic Scaling Capabili�es Extended Integra�on Capabili�es Monitoring Implementa�on Deployment Automa�on Quality Automa�on SALESFORCE & HUBSPOT INTEGRATION ON-BOARDING INTEGRATION MOBILE DEVELOP- MENT 1 REPORTING Quickly delivered a consumer-facing mobile applica�on to the market for iOS devices. Designed and built the mobile applica�on and collaborated heavily with the team on service build-out to support the app. Received 2016 ho�est product award. INFRASTRUCTURE WEB APPLICATION DEVELOPMENT As the business quickly grew, it needed a new transacon engine to meet demand. We focused on scaling to support higher volumes, faster speeds and more integraon partners. UI/UX assessment Wireframe Design Applica�on Development Client migra�on Support & Maintenance Talent assessment Organiza�onal structure Release management Version control Configura�on management Disparate business applica�ons Redundant systems Duplica�on of data 60% 500% Increased by more than Integrated best in class third-party solu�ons into the pla�orm, to accommodate func�onality that is important but not unique to the business. Enterprise Data Warehouse Today, payment processors not only have to deal with people using mul�ple forms of payment but new ways of paying are emerging at a rapid pace. While what lies ahead is somewhat unknown, one thing is for sure, at the very core, payments are about transferring informa�on between par�es. These are the digital rails that enable economies to scale. How do you keep up remain compe��ve, relevant and innova�ve? It starts with a technology transforma�on that takes you from legacy to latest and greatest. Banyan Findings: Results based on actual customer data Start at the bottom and see how each step of the journey resulted in an incredible transformation and how a trusted relationship grew with Banyan. TOP CHALLENGES BANYAN TRANSFORMS A PAYMENT PROCESSOR TECHNOLOGY ECOSYSTEM PEOPLE PROCESS TECHNOLOGY Technology Team Op�miza�on Standardiza�on of Development Processes Introduc�on of Standard Tools Support Engineering Process Next Genera�on Transac�on Engine Development Enterprise Data Warehouse Mobile Applica�on Development Third-party integra�ons to Support, Marke�ng, Sales & On-boarding RESULTS FinTech Transformation RESULTS Centralize data in one data store. One place to go for all informa�on, one record of truth. Increased the availability and the reliability of the data. Reduced infrastructure cost for maintaining legacy repor�ng tools by over 60%. Technology Due Diligence Banyan was asked to help evaluate and re-architect the organiza�on, so�ware engineering process, and associated tools. This work allowed the organiza�on to effec�vely cut waste and simultaneously improve produc�vity and quality. The journey started with a 2-week technology due diligence assessment for an exis�ng so�ware pla�orm. Banyan was able to assess and make the recommenda�on to change the direc�on of how the product was being used for the business. As a result of the quick win, Banyan was asked to become more involved in the technology strategy. Created a more efficient and streamlined process for so�ware development. Rebuilt Foundation for Software Development Defined what data needed to be measured and how best to measure it. Addressed data quality and accuracy issues, and moved to standard format. Defined how to collect and store the data, and present meaningful analy�cs to help inform the business. Reorganized people process & tools Introduced the Agile development methodology, and the necessary tools to deliver on the Agile promise. JIRA CONFLUENCE JENKINS Stand-In Process Valida�on Visa Payment Facilitator Model On-boarding & TXN Engine Integrated New Credit Card Processor EDW Integra�on Client Migra�on Marke�ng Sales On-boarding Finance Client Services Fraud Mgmt. Partner Integration Built an exci�ng, new product to sa�sfy adjacent customer needs. This product brings incremental revenue and a compe��ve advantage to the business. A Payment Processor Journey from Legacy to Latest & Greatest Below the surface

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Page 1: FinTech Transformation...Disparate business applica ons Redundant systems Duplica on of data 60% 500% Increased by more than Integrated best in class third-party solu ons into the

Follow us @Banyanhills www.banyanhills.com

Application Modernization

Technology Assessment & Strategy

101001001110

PAYMENT PLATFORMUPDATES

TRANSACTIONTHROUGHPUT

2 per year

permonth1

From

To

10Repor�ng Tools

ReducedInfrastructure Costs by over

...the end result

...in the begininngGained Trust

Built a Foundation

New Software Development

From

To Enterprise Data Warehouse

Technology Assessment

Technology Strategy

ApplicationModernazation

Enterprise Architecture

Undertook the redesign of the core processing engine. The redesign took advantage of current technology best prac�ces to deliver a highly reliable and scalable solu�on.

CORE TRANSACTION ENGINE DEVELOPMENT

RESULTSIncreased System Availability

Improved Transac�onThroughput

Dynamic Scaling Capabili�es

Extended Integra�on Capabili�es

Monitoring Implementa�on

Deployment Automa�on

Quality Automa�on

SALESFORCE & HUBSPOTINTEGRATION

ON-BOARDINGINTEGRATION

MOBILE DEVELOP-MENT

1REPORTING

Quickly delivered a consumer-facing mobile applica�on to the market for iOS devices. Designed and built the mobile applica�on and collaborated heavily with the team on service build-out to support the app. Received 2016 ho�est product award.

INFRASTRUCTURE

WEB APPLICATION DEVELOPMENT

As the business quickly grew, it needed a new transaction engine to meet demand. We focused on scaling to support higher volumes, faster speeds and more integration partners.

UI/UX assessment

Wireframe Design

Applica�on Development

Client migra�on

Support & Maintenance

Talent assessmentOrganiza�onal structure

Release managementVersion controlConfigura�on management

Disparate business applica�onsRedundant systemsDuplica�on of data

60%

500%Increased by more than

Integrated best in class third-party solu�ons into the pla�orm, to accommodate func�onality that is important but not unique to the business.

Enterprise Data Warehouse

Today, payment processors not only have to deal with people using mul�ple forms of payment but new ways of paying are emerging at a rapid pace. While what lies ahead is somewhat unknown, one thing is for sure, at the very core, payments are about transferring informa�on between par�es. These are the digital rails that enable economies to scale. How do you keep up remain compe��ve, relevant and innova�ve? It starts with a technology transforma�on that takes you from legacy to latest and greatest.

Banyan Findings: Results based on actual customer data

Start at the bottom and see how each step of the journey resulted in an incredible transformation and how a trusted relationship grew with Banyan.

TOP CHALLENGES

BANYAN TRANSFORMS A PAYMENT PROCESSOR TECHNOLOGY ECOSYSTEM

PEOPLE

PROCESS

TECHNOLOGY

Technology Team Op�miza�on

Standardiza�on of Development Processes

Introduc�on of Standard Tools Support Engineering Process

Next Genera�on Transac�on Engine Development

Enterprise Data Warehouse

Mobile Applica�on Development

Third-party integra�ons to Support, Marke�ng, Sales & On-boarding

RESULTS

FinTech Transformation

RESULTSCentralize data in one data store. One place to go for all informa�on, one record of truth. Increased the availability and the reliability of the data. Reduced infrastructure cost for maintaining legacy repor�ng tools by over 60%.

Technology Due Diligence

Banyan was asked to help evaluate and re-architect the organiza�on, so�ware engineering process, and associated tools. This work allowed the organiza�on to effec�vely cut waste and simultaneously improve produc�vity and quality.

The journey started with a 2-week technology due diligence assessment for an exis�ng so�ware pla�orm. Banyan was able to assess and make the recommenda�on to change the direc�on of how the product was being used for the business. As a result of the quick win, Banyan was asked to become more involved in the technology strategy.

Created a more efficient and streamlined process for so�ware development.

Rebuilt Foundation for Software Development

Defined what data needed to be measured and how best to measure it. Addressed data quality and accuracy issues, and moved to standard format. Defined how to collect and store the data, and present meaningful analy�cs to help inform the business.

Reorganized people process & tools

Introduced the Agile development methodology, and the necessary tools to deliver on the Agile promise.

JIRA CONFLUENCE JENKINS

Stand-In Process Valida�on

Visa Payment Facilitator Model

On-boarding & TXN Engine

Integrated New Credit Card Processor

EDW Integra�on

Client Migra�on

Marke�ng

Sales

On-boarding

Finance

Client Services

Fraud Mgmt.

Partner Integration

Built an exci�ng, new product to sa�sfy adjacent customer needs. This product brings incremental revenue and a compe��ve advantage to the business.

A Payment Processor Journey from Legacy to Latest & Greatest

Below the surface