Digital leaders in the financial sector – how are banks implementing new technologies?
16 September 2021 | Reading Time: 2minutes | Share:
Over the past two years, Polish banks have been developing their remote service channels faster than other banks worldwide, according to Deloitte’s Digital Banking Maturity 2020 study. As a result, Poland was ranked fourth when it comes to the digitalization level of banking services. While this is an impressive result, there are still many areas that need improvement.
And they’re worth improving because digital leaders are reporting significantly better financial results than their competitors.
Professional technological support
One of our clients, the first American bank on the Polish market, approached us with a request to technically support a merger of the two largest Polish banks and create a back-office system for mortgages.
As part of the collaboration, we created a new mortgage system for the bank’s end customers, which consists of a CMS panel for content management and custom web applications. By migrating the bank’s database from Sez@mOracle to the new system, we also redesigned the entire back-office part for bank employees. We did all this using such technologies as Oracle, JEE7, Angular JS, PHP, and WordPress.
Innovativeness is the key to success
All the work was completed in just 3 months, and the software we created successfully passed all security tests. Since 2016, we have been continuously providing technical support for the client, taking care of the implementation of necessary updates. All this to not only maintain but also to improve the quality of services offered by the client.
As many as 5 out of 13 Polish banks covered by the “Digital Banking Maturity 2020” study deserved the title of digital leaders and ranked in the top 10% of the most digitally mature banks in the world. This result shows that the implementation of innovative digital solutions is one of the key trends in modern banking, and the companies that have already decided to take this step should be an inspiration for all others.