The experience economy we live in today allows us to get exactly what we want. And what we want is tailormade products / services that creates memorable experiences. Nothing else defines value to us anymore.
When it comes to digital banking, building and delivering customer-centric solutions that deliver delightful user journeys has become vital for business success. While there are several approaches out there to realize this, nothing does it better than MACH architecture in today’s technology landscape. The approach combines Microservices, API-first, Cloud-native, and Headless components to help banks provide differentiated digital banking experiences to stay competitive.
To stay consistently competitive, banks need a robust platform that allows them to rapidly implement digital initiatives that are flexible, scalable, and future-ready and Appzillon Digital Banking Platform based on the MACH architecture, delivers just that.
MACH architecture is the way forward to meet the needs of constantly evolving digital banking landscape – S.Sundararajan, Co-Founder & CEO at i-exceed
Exploring the MACH Architecture with Appzillon
Microservices:
Traditional development approaches used to create dependencies between different blocks of code. This made modifying or adding new features a large-scale migration process.
The entire Appzillon platform is a combination of small and independent microservices that can be put together specifically to address the business demands of a customer. This approach enables flexible development and deployment, reusability of digital assets, and easy scalability of each microservice that results in faster time-to-market for new features and services.
API-First:
At a time where everything is being commoditized into a service and thereby, a business model, an API-first approach provides well-defined and robust APIs for smooth integration with internal and external systems to offer users new functionality. It does so by eliminating the need for special SDKs that allows developers to access features through APIs. The result is interoperability between different systems, faster and flexible development cycles, and access to a broader range of financial services.
Cloud-Native SaaS Enabled:
While cloud adoption has increased exponentially in the past few years, there is considerable difference between a cloud-enabled app vs a cloud-native SaaS enabled one. The former simply ports an existing solution onto a cloud-based infrastructure. The latter is built to fully utilize aspects such as auto-scaling, containerization, and orchestration. Appzillon with its cloud-native SaaS approach enables banks to scale resources dynamically based on demand and supports multi-tenanted instances that ensures optimal performance even during peak loads. It also facilitates rapid deployment, reduces infrastructure costs, ensures resilience, and allows quick adaptation to market changes.
Headless Components:
The layered structure to building solutions always posed a few glaring challenges. Scalability was challenged by the underlying framework, maintenance was cumbersome due to the interdependence between different layers for sharing data and did not support parallel processing. Appzillon’s headless components empowers banks to use different front-end technologies as well as varied user experiences that are independent of the engagement layer to deliver tailor made banking experiences unique to each customer, while offering seamless experience across multiple channels (web, mobile, wearables, voice assistants, and chatbot).
Closing Notes
In the rapidly evolving digital banking landscape, it is crucial to have a future-ready platform that can helps banks embrace new trends and evolving customer expectations. Appzillon Digital Banking Platform with its MACH architecture serves as a foundation for building scalable and adaptable solutions that delivers exceptional customer experiences while achieving agility, scalability, and interoperability.
The resulting solutions are helping over 100 banks around the world caters to the needs of their retail, SME, and corporate customers while enhancing staff productivity.
To learn more about how Appzillon’s MACH architecture can transform your digital banking initiatives, feel free to contact us at marketing@i-exceed.com.
