Modernizing Core Banking with IBM WebSphere and Open Integration
A leading European financial institution partnered with us and an implementation partner to modernize its core banking environment using IBM WebSphere® Application Server and IBM MQ®. The initiative helped the bank meet new compliance regulations, accelerate service delivery, and enable open banking capabilities that improved customer experience across digital channels.
Business challenge
As new financial regulations and compliance mandates emerged, the bank faced pressure to modernize its legacy core banking systems to support interoperability, transparency, and faster product innovation.
Key challenges included:
- Integrating legacy infrastructure with new regulatory frameworks.
- Enabling real-time communication between core systems and third-party apps.
- Meeting compliance deadlines under strict operational constraints.
- Enhancing scalability and reliability for high-volume financial transactions.
Solution
Working with Nexright certified technology partners, the bank deployed IBM WebSphere® Application Server and IBM MQ® to create an open, reliable, and compliant integration platform.
This new architecture enabled the institution to modernize transaction processing, simplify workflows, and ensure interoperability with fintech partners and regulatory systems — all within aggressive compliance timelines.
Solution Highlights:
- Migrated legacy middleware to IBM WebSphere Application Server.
- Deployed IBM MQ to streamline real-time data exchange between core systems.
- Built open APIs to support PSD2 and other EU regulatory requirements.
- Ensured business continuity during modernization with minimal downtime.
Solution components
- IBM WebSphere® Application Server
- IBM MQ®
- IBM Cloud Integration Services
- IBM Business Partner Implementation Support
Regulatory Compliance Readiness
The solution ensured adherence to European banking regulations by providing secure, transparent data exchange with regulators and third-party applications.
Scalable Open Banking Architecture
Enabled interoperability with fintech partners, mobile banking platforms, and customer-facing APIs while maintaining data security and privacy.
Rapid Deployment
Delivered full platform modernization within tight deadlines — ensuring uninterrupted operations and zero customer disruption.
Result
- 100% regulatory compliance achieved within required timelines.
- Enhanced system interoperability with modern banking APIs.
- Accelerated onboarding of digital banking services.
- Reduced time-to-market for new financial products.
- Improved transparency and system resilience.
Nexright provided the reliability and open architecture we needed to transform our core banking systems quickly and securely. The modernization helped us stay compliant while enabling true digital innovation for the future.
— Chief Technology Officer, Leading European Financial Institution