Our Breakout Session at BoomiWorld 2024- Fintech + Boomi = Transformation: How Kitepipe is using the full Boomi platform to support digital transformation in Fintech - shows how we are using the full Boomi platform: Integration, APIm, MDH and Events, all working together to implement a powerful integration solution in mid-tier Banking. The session was well attended, and we got some great feedback on the architecture and sample transaction paths.
Now you can download the session deck below, and review some of the examples presented. Full video is not avalable, but feel free to follow up with
Larry.cone@kitepipe.com for questions and anwers about the content.
Abstract: No industry is under more pressure to modernize than Mid-tier banking. Hear from Kitepipe CEO Larry Cone, who collaborated with Boomi and select Mid Tier banks in 2023 to create a full suite Boomi solution for this digital transformation. The Kitepipe team will discuss how the Boomi platform plays a critical role in this architecture. Kitepipe will share project examples and reference architectures that include Master Data Hub, API Management and Data Governance. These data mastering and application business process integrations, are focused on the Mid Tier banking sector, but are applicable to many verticals.
Outline:
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Welcome: brief summary what you will learn:
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Intros:
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Larry; Jeff; Ann
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The Fintech Vertical: Three Profiles
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Financial Services
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Regional Bank
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Metro Bank
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Competition: Banking is highly competitive
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Huge global competitors
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Consolidation
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Significant IT budgets
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The Problem: Modernize or Die?
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Architectural problem - siloed systems
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Old Model: Teller in the branch looks you up in each system
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New Model: Composable; Design for change Solution Approach:
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Implementation Approach
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Chart Generalized Architecture: CRM / Integration / Customer Mastering / Data Quality - Jeff
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Table - modified ESL - implementation approach - 5 tracks - Jeff
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Table - implementation challenges - 5 tracks - Jeff
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Boomi Context - Ann
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How Boomi supports transformation in Fintech
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Discussion: Q&A
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Summary - Boomi is key to solution, Kitepipe multi-track project is key to implementation
Deck PDF Download: HERE
