By implementing the Finacle e-banking suite and integrating microservices-based APIs, Coforge enabled a future-ready digital banking platform. The transformation improved payment processing capabilities, streamlined operations, and delivered a more intuitive and efficient user experience for corporate banking clients.
Drag
The Challenge
The bank’s existing corporate online banking channel relied on legacy systems that limited scalability, flexibility, and user experience. The need to support IT obsolescence remediation required replacing outdated applications such as Connect Payments assembly and Remessador with a modern, future-ready platform.
The bank also needed to enhance customer journeys across complex payment processes, including domestic and international payments, while ensuring seamless integration with core systems and external platforms.
Additionally, the scale of operations serving thousands of corporate clients and processing high transaction volumes required a robust, high-performance solution capable of handling diverse payment types while maintaining reliability, security, and operational efficiency.
Our Approach
Finacle-Based Channel Modernization
Implemented the Finacle e-banking suite to deliver a modern, feature-rich digital banking experience with enhanced payment capabilities.
API & Microservices Integration
Developed microservices and API-based integrations to enable seamless interaction with core banking systems and external platforms.
Comprehensive Payment Enablement
Enabled end-to-end payment journeys, including domestic (CHAPS, Faster Payments, BACS, bulk payments) and international payments (SWIFT, SEPA), along with FX and cross-currency capabilities.
Phased Implementation Strategy
Executed the transformation in phases, starting with domestic payments followed by international payments, ensuring minimal risk and smooth transition.
Expert-Led Delivery Model
Deployed a cross-functional team of business, technical, and domain experts to ensure seamless configuration, integration, testing, and ongoing support.
Partner / Technology Ecosystem
- Finacle E-Banking Suite
- API & Microservices Architecture
- Core Banking & Payment Systems

Impact to Date
30K+
28K+
Improved
Reduced
Business Impact
- Enhanced customer experience with intuitive and seamless payment journeys
- Improved operational efficiency through automation and modern architecture
- Reduced costs by decommissioning legacy systems and minimizing customizations
- Enabled scalability to support growing transaction volumes and customer base
- Strengthened platform agility with API-driven and microservices architecture
- Positioned the bank for future innovation in digital payments
