SIA is the leading European financial institute in design, implementation and management of financial technology services, offering services to enterprises and the government, in areas such as payments, e-money, network services and capital markets,
In the 80s, SIA automated the inter bank payment systems in Italy leveraging on the emergence of ATM and POS systems.
Currently SIA provides services in over 40 countries and in 2015 alone, has managed the clearing of nearly 10 billion transactions, with a turnover of approximately 450 million euros and employs over 1600 people in the group level.
Here is the situation before implementation of the project:
Therefore the challenge was to manage data collection from different sources, additionally the complexity of the architecture imposed difficulties on computer systems and the activities of the analysts.Consequently, SIA decided to use Open Source solutions that were:
SIA therefore, needed to pick qualified technology partners both in terms of managing and deploying the project as well as the support on software and platforms, that they chose, respectively, Extra and Red Hat.
The project consisted of design and implementation of an integrated architecture, unifying pre-billing extentions of various products into a single environment, while collecting data from different sources. This was done using Red Hat Jboss Fuse, providing an administrative level, through which, inserting the business rules was made possible. As a result it facilitated the calculation of amounts to be invoiced to each party involved, while giving the possibility of simulating the inserted rules before making them public for the system to use. At this stage the BRMS system was put in place that acts both as a rules engine and a repository,
Specifically, through JBoss BPM Suite, a continues rules release process was implemented together with an authorization procedure at the end of the simulation phase that would send the new business rules from the simulation environment to production.
Throughout the project SIA obtained:
As for tangible results we can mentions:
Aside from the quantifiable results of the project in terms of time and money, we need to underline the strategic value of the project for SIA, from which we can mention the possibility of scaling up in the future leveraging on the newly trained team of internal specialists, while relying on always up to date and innovative products and platforms offered by Red Hat. This has further strengthened the relation between Extra and SIA where Extra would continue on supporting SIA in maintaining the quality and efficiency on the project while having one eye on possibilities of further technological evolution.