During the project, all loan management processes were reviewed and optimised for new market requirements. Implementation was performed using a Workflow Engine which enables the banksâ business units to easily adapt the processes to new specifications. The requirements of all affiliated Raiffeisen banks were taken into account. Sets of rules for process management were integrated which can be defined individually by the banks and thus reduce maintenance costs for the system.
For technical integration, real time interfaces were assigned to 17 systems to avoid redundancies and inconsistencies in data management and latency of processing times. Thus the existing back-end systems and their data could be used without any migration work.
Thanks to consistent application of the SOA approach on the basis of FlexFinance Lending, an end-to-end lending solution was developed which is fully integrated in the existing system and process landscape of Raiffeisen bank and supports all lending processes.