2. Modernização de Serviços Financeiros com
Estratégias de API e Integração com o Legado
Danilo Bordini
Regional VP Mulesoft, a Salesforce company - Latam / Brazil
danilo.bordini@mulesoft.com
Bruno Cavalin
Account Director Financial Services Mulesoft
Bruno.cavalin@mulesoft.com
13. MODERNIZING A 150-YEAR OLD BANK TO LEAD
IN THE OPEN BANKING MARKET
13
Delivered 4,000+ foundational
APIs across 7,000+ systems
• Executed an enterprise initiative to modernize
core systems across the bank to unlock
foundational assets and empower business
lines to orchestrate innovative services
Leveraging APIs to integrate with
best-in-class technologies
• In combination with foundational bank APIs,
LOBs were able to create new services that
delivered meaningful experiences by
integrating with new applications such as
blockchain, etc.
Reusing assets to launch several
award-winning products globally
• This complex bank that used to offer products
based on the limitations and constraints of
technical implementations is now operating as
a small FinTech company that can comply with
local regulations and preferences around the
world, while offering personalized experiences
and industry leading products such as real-
time stock trading and social payments
“With an API-led approach, HSBC went from
being able to launch 12-15 new features every
release cycle to hundreds of new and updated
features a month.”
- Sunith Roy, Chief Architect, Applications and Integration
14. ”APIs have been a game changer for us,
allowing us to seamlessly connect
customers and partners and provide the
one Wells Fargo experience.”
- Syd Vyas, CTO in Capital Markets and Investment
Banking Technology
14
Reduced time to develop APIs
from months to weeks
• With the advent of FinTechs disrupting the
market, Wells Fargo was in a precarious
situation with its customers’ commercial
banking experience, for which many
processes involved paper forms and were
fragmented across channels, products and
geographies
Decreased time to process a FX
payments by over 75%
• Wells Fargo applied API-led connectivity to
modernize its legacy point to point
integration and deliver foundational APIs onto
a banking-as-a-service platform, where
services were reused to automate processes
and integrate fragmented experiences
Continue to reuse FX APIs to
support new revenue streams
• Once built, FX services were reused to
support the mobile app (a paid feature by
commercial customers) as well as FX
servicing for Wells Fargo customers’ who
also provided their customers financial
services (FS)
• Time to onboard those FS firms was also
reduced from months to weeks
Reduced time to process foreign transaction (FX)
payments by >75% and integrate to new
channels from months to weeks