endorsedOngoing

HORIZON Digital Banking Platform — Cloud Migration, Custom Apps & Security

Services Covered:

Custom Software Development • Cybersecurity • Mobile Application Development

Industry

Financial Services

Duration

63 months

Budget

Confidential

Start Date

1 May 2021

Team Size

1-5 Employees

Engagement Model

Onshore

Project Capability Score (PCS)

76/100

Good

Project Capability Score (PCS) estimates how capable Panaxeo is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

365.bank

Bratislava, Slovakia

Project Summary

Panaxeo was engaged on the HORIZON program to help a digital bank migrate to a new cloud-based digital banking platform by establishing modern development processes and building custom apps and services that integrate on-premise and cloud systems. The engagement includes security work: Panaxeo designed and implemented a custom security system and a multi-step authorization process. The project is ongoing and the client praises Panaxeo's professionalism, timeliness and ability to enable the client's future development approach.

Key Challenges

Implement a new digital banking architecture and migrate core systems to the cloud.
Integrate on-premise and third-party services across products, services and data/technology layers.
Establish modern development processes and adopt best practices for cloud platform development.

Project Deliverables

Custom apps and services to integrate on-site and cloud infrastructure
Custom security system
Multi-step authorization process
Guidance on modern development processes and best practices for cloud platform development

Project Solution

Panaxeo provided AWS expertise and helped build custom applications and services that act as the integration layer between on-premise systems and the cloud. The vendor supported the client's move to the cloud by establishing modern development processes and best practices for cloud platform development. On a regular basis the client worked with an architect and two engineers from Panaxeo who formed a unit and integrated into the bank's core teams.

Project Outcome

Built a custom security system and a multi-step authorization process.
Delivered high-quality, timely, self-managed services and integrated smoothly with client teams.
Enabled the client to adopt new security procedures and development approaches based on Panaxeo's work.

Platforms

Cloud

Tech Stack

Amazon Web Services (AWS)

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“The project is still ongoing, but the client has been very pleased with Panaxeo's high level of professionalism. They've created a custom security system and multi-step authorization process for the client, which was out of the project scope. They go above and beyond to ensure business improvement.”
Marcel Bezak
Chief Enterprise Architect
Date: 01/09/2023