Automate your financial services into the future
Banking, finance, and insurance companies operate in unpredictable times, with an industry more diverse and fluid than ever before.
Financial compliance and regulations
When it comes to mergers, acquisitions, risk management, customer intelligence and regulatory compliance, such as PSD2, GDPR and the Open Banking reform, fast data integration and the ability to rapidly develop and deploy finance applications is the key to business agility and making the right decisions in real-time.
Finance solutions in the FinTech and FinServ industries are required to adapt to frequent and often substantial changes in insurance and tax legislation and banking and business regulations.
Integrating legacy systems
The finance industry needs highly scalable solutions that can integrate a variety of new as well as legacy systems and to automatically handle high-volume data processes, which are vital to the smooth running of the entire company or organization.
Magic xpi for Financial Services: Finanz Informatik
Finanz Informatik, the IT service provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe), faced the challenge of integrating its commercial ERP processes with the Support department’s systems. Finanz Informatik selected Magic xpi’s centralized platform to synchronize its existing SAP ERP system with its Service Request Plus (SRPlus) web-based IT service management software, which was developed with Magic xpa Application Platform.
Using Magic xpi’s built-in SAP certified connectors, SRPlus is now tightly integrated into the IT infrastructures of Finanz Informatik, the Sparkassen organization and external partners.
With all data centralized in one place, Finanz Informatik is easily able to leverage value from its synchronized IT systems, servicing 122 million accounts and 90 billion technical transactions per year.
Magic xpi drastically shortened development cycles for Finanz Informatik, helped improve the customer experience for the more than 7,000 people working with the system daily, and now has the right tools at its fingertips to effectively address future challenges in IT service management.