Persistent Systems Digital Banking Studio

Digital Banking is not just about having a Mobile Banking App. Persistent Digital Bank Studio provides a quickly deployable template for your standard Loan and Deposit Products. It offers standard integrations with Loan Origination, Credit Decisioning, Savings Account opening, Debit card and GL Systems amongst others. We have followed a unique digital mosaic based approach while designing it aptly described in the blog https://www.persistent.com/blogs/re-imagining-banking-and-financial-services-with-the-digital-mosaic Key Features Most tier 2 and 3 banks have limited budgets and access to technology to visualize how their digital bank offering would like. But what if you could build a fully functional Digital Banking POC in flat 3 weeks? Key Benefits

• Standard Personal, Home and Vehicle Loan Products out-of-the-box
• Standard Savings, Checking and Term Deposits Products out-of-the-box
• Debit Card Management
• Complex Loan Products possible with flexible amortizations
• Multi-currency
Check out more details here: https://www.persistent.com/industries/banking-and-financial-services/retail-banking/persistent-digital-bank-and-credit-union-solution/ A demo of the Digital Studio is here: https://youtu.be/6db-YmSveMs The solution extensively uses Microsoft Azure (Microsoft Azure Container Apps services). Based Azure “Well-Architected framework” recommendations, the platform uses dynamically scalable and highly available Azure services like AKS, Azure Blob Storage and Azure SQL. For deployment we use Azure Devops templates and Azure Resource Manager (ARM) to build and deploy the microservices. We are using Azure services for security (Azure Security, Azure Key Vault, Microsoft Defender, Azure Advisor) and observability (Azure Monitor, Application Insights). For publishing services for North-South and East-West traffic and securing them, we are using Azure API Management (APIM) along with Microsoft Entra Id for Authentication.