- On September 15, 2020
As a key pillar of their digital transformation journey, Export Development Bank of Egypt (EBE) aims to transform their integration approach and adopt an Agile Integration strategy. In fact, the main driver behind this initiative is to build a full-fledged banking API platform; acting as a Banking As A Service (BaaS) platform.
This platform will drive innovation in the digital banking space and fulfill future Open Banking initiatives. In addition, it will help overcome current organizational challenges including integration complexities, slow deployments, lack of governance and monitoring, as well as many other obstacles.
Sumerge partnered with EBE to build an end-to-end banking API platform and integration solution modernizing the bank’s existing integration methodologies. Built over microservices architecture, this solution helps increase the bank’s business agility, boost their time-to-market enabling quick releases. Aligned with the modern architecture design, IBM Cloud Pak for integration and OpenShift are the underlying technologies for the integration platform.
In a Distributed Integration platform, microservices architecture has significant values in terms of quick time-to-market, scalability, governance, security, ease of deployment and security. This is considered as the first phase for EBE’s transformation by building its microservices container-based private cloud built on top of RedHat OpenShift.
Leveraging Sumerge team expertise combined with Red Hat OpenShift and IBM Cloud Pak capabilities, the project has the following objectives:
- Designing and building EBE private cloud RedHat OpenShift to assist the bank in its digital transformation and application modernization initiatives.
- Build a full-fledged banking API platform to act as a Banking As A Service (BaaS) platform to allow innovation in the digital banking space.
- Open banking APIs, where EBE is capable to integration and expose APIs to the world in easy and secure manager to integration businesses.
- Build a modern Distributed Integration Platform based on microservices architecture.
- Reinvent its IT infrastructure with microservices architecture & practices to efficiently meet new business demands and mitigate the risks of new deployments.
- Partner with a knowledgeable service provider to establish an infrastructure strategy and improve adoption of new tools and technology.
- Avoid the common pitfall of converting the integration platform into a gigantic monolith which always slows down IT transformation.
- Introduce and maintain faster development life cycles of services, leveraging the capabilities of the integration project.
- Proper integration monitoring, control and audit logging to provide visibility and effective error management.
About Agile Integration
Agile Integration solution will modernize your applications’ connectivity. Imagine deploying changes smoothly; decentralized integration with resilience. In other words, deployments won’t impact other applications or your integration platform. Since our Agile Integration solution is built over microservices and cloud-native architecture, it’s well designed for moves to the cloud. In addition, the platform enables you to integrate easily with SaaS applications.
Red Hat OpenShift is the industry’s most secure and comprehensive enterprise-grade container platform based on industry standards, Docker and Kubernetes. The platform helps enterprises build applications faster, deliver and scale across hybrid cloud environments using microservices and containers.
About IBM Cloud Pak for Integration
IBM Cloud Pak for Integration (ICP4I) is the industry’s most complete hybrid integration platform. That’s why, our agile integration solution is built over ICP4I. The platform consists of the following essential components:
- API lifecycle management
- Application and data integration
- Enterprise Messaging
- Event Streaming
- High-speed data transfer
- Secure Gateway
About EBE Bank
In 1983, the Export Development Bank of Egypt (EBE) was established with the purpose of boosting Egyptian exports and supporting establishments of agricultural, industrial, commercial and services sectors. Soon after, the Bank became the main funding source of exports operations in Egypt. Through its outstanding performance and policy, based on diversified investments, the Bank was able to grow more and more, and achieve efficiency and a strong financial position.