Modernization through API-driven entitlements

Summary

The client sought to replace its aging mainframe system with a modern, efficient entitlement management solution. Altimetrik implemented its proprietary cloud-agnostic low-code API management tool FastAPI to streamline API development, which reduced design time by 50% and ensured optimized performance while integrating the bank’s existing applications.

The Challenge

• The client needed to phase out its legacy mainframe system while maintaining robust entitlement management.
• Heavy reliance on legacy systems and manual API design processes were time consuming and inefficient, hindering the client’s ability to innovate and meet customer demands.
• Integration across multiple channel applications required a flexible and scalable solution.
• Ensuring API performance within strict latency requirements was a critical concern.

The Solution

FastAPI tool for optimized entitlement management

• Implemented FastAPI technology for reducing the API design time
• It converted the core entitlement functions into a set of APIs, ensuring seamless integration with channel applications.
• Leveraging a rule engine, it managed API routing, access levels and integration rules, providing a flexible and highly scalable solution.
• Enabled integration with multiple applications and the bank’s standardized rule engine, ensuring seamless operation across their ecosystem.

Business Impact

• 50-60% Faster API design for accelerated project timelines.
• 30-40 Milliseconds of response time achieved, meeting stringent performance requirements.
• 40-50 APIs seamlessly integrated with customer’s channel applications