Strategic Collaboration with VP Bank
Collaboration
Client: VP Bank
Place: Vaduz, Fürstentum Lichtenstein
Start of the collaboration: 2019
Customer website: vpbank.com
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For further information, please contact our Project Manager.
The Collaboration
In 2019 VP Bank decided to build a central integration layer, as part of the further development of its digital architecture.
The starting point was the implementation of an integration layer for a new client advisor cockpit. The goal was to create a flexible, scalable, and future-proof integration architecture that efficiently connects the Avaloq core banking system with various surrounding systems.
Following its successful introduction, the integration layer evolved into a strategic core component of the IT architecture. For several years, it has been continuously expanded and used for an increasing number of connected systems, including:
- VP’s proprietary e-banking platform
- Legal applications
- Additional internal and external surrounding systems
The integration layer supports both read and write processes, enabling bidirectional, secure, and high-performance communication between Avaloq and connected systems.
A concrete example is the integration of foreign exchange trading for e-banking clients. Before a transaction is completed, the effective exchange rates—including all costs and fees—can be retrieved and subsequently booked. The data exchange for processing is handled via the ti&m Banking Adapter and Asubium A.dapt.
Our Contribution
Asubium plays a central role in the operation, further development, and architectural support of the integration layer.
Our services include:
- Development and continuous enhancement of Asubium A.dapt as the central integration layer
- Integration of the ti&m Banking Adapter using Kafka as the messaging technology
- Ensuring stable read and write integrations with Avaloq
- Technical design and architectural consulting
- Support for connecting new surrounding systems
- Operation, maintenance, and performance optimization of the integration platform
- Assistance in implementing new business requirements (e.g., Forex spot and forward trading in e-banking)
Through close collaboration with VP Bank’s business and IT teams, a sustainable and scalable integration architecture is ensured.
The Added Value
With the established integration layer, VP Bank now has a central, high-performance, and future-proof integration platform.
Value for the bank:
- Clear decoupling of the core banking system and surrounding systems
- Scalable architecture for new digital services
- Faster connection of new applications
- Standardized integration processes
- High stability and performance through Kafka-based architecture
- Expandability for new business models and trading functions
Today, the integration layer is a strategic component of VP Bank’s digital banking architecture and forms the backbone for the continuous development of its digital services.