Fiorano Drives Digitalization at Crédit Agricole with Flexcube Core Banking System Integration

Publish March 11, 2020
technology

Fiorano Establishes a Robust and Flexible Infrastructure Connecting the Bank’s Extended Network of Channels and Partners

Fiorano Software, a leading Enterprise Integration Middleware and API Management specialist, announced today that Crédit Agricole, Egypt has implemented the Fiorano Hybrid Integration Platform (HIP) to reduce time and cost required for integrating applications with its core banking system, Flexcube, to enhance services availability and accelerate delivery of new products and services.

“Crédit Agricole opted for Fiorano to enhance its integration platform into a best-of-breed architecture model that would streamline the implementation process and provide seamless integration between all applications while providing API-based future capabilities,” says S.S. Tarak, Director – Business Development, EMEA, Fiorano Software.

The bank’s strategy was to have a new integration platform that would ensure data migration of existing parameters and business logic seamlessly. The Fiorano HIP with its unique Microservices based architecture enabled a real-time information exchange across the bank to shift its focus from non-productive maintenance plans to innovative and value-creation projects. The platform’s B2B integration capabilities created a gateway connecting the bank with its extended network of channels and external partners, providing agility and transforming the bank's business and operating models to drive revenue growth and meet customer expectations. The Fiorano platform will make the bank digital ready, with API Management integration giving it a competitive edge.

About Crédit Agricole Egypt: - Crédit Agricole Egypt is a subsidiary of the Crédit Agricole Group, one of the largest banking groups in Europe. It has become an active player in Egypt’s financial industry offering a wide range of innovative and convenient products to its clients and is committed to bringing its international expertise to the local market to serve its clients and drive sustainable development.

About Fiorano: – Fiorano Software, a Silicon Valley based Corporation is a trusted provider of hybrid integration and API technology enabling interoperability, profitability and new revenue streams, since 1995. Fiorano operates through its worldwide offices and a global network of technology partners and value-added resellers. Global companies including AT&T Wireless, Boeing, L'Oréal, NASA, Bank of Kigali, Commercial Bank of Africa, Aboitiz Power, Canadia Bank, US Coast Guard and Vodafone have deployed Fiorano to drive innovation through open, standards-based, event-driven, real-time solutions yielding unprecedented productivity.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200310006050/en/

Latest Stories

YPC organizes press conference over detaining oil ships

2020-10-20 04:00:00

HODEIDA, Oct. 19 (Saba) - Yemen Petroleum Company (YPC) has organized a press conference at Hodeida port to review the repercussions"...
Read More

Community Health Workers Are Yemen’s Superheroes

2020-10-18 07:00:00

Staying alive in Yemen, now in its sixth year of civil war, is not easy. More than 24 million people — some 80 percent of the"...
Read More

3rd Yemeni conference for neurosurgery starts in Sanaa

2020-10-15 04:00:00

SANAA, Oct. 14 (Saba) - The Third Yemeni Scientific Conference for Neurosurgery and Spine, organized by the Yemeni Society of Neurosurgery"...
Read More

Heavy rains trigger collapse at Yemen’s newly restored museum

2020-09-30 06:00:00

Heavy rains have triggered the collapse of parts of the newly restored National Museum in Yemen’s third city Taiz, in the latest"...
Read More