Modernising Transaction Banking for Faster Growth

A leading regional bank needed to replace its legacy corporate transaction banking channel. The monolithic platform slowed releases, made regulatory updates complex and created friction across onboarding, access management and high-volume payments. The bank required a modern, secure platform that could support new digital experiences, evolving compliance demands and localised services across multiple markets.

Synechron designed and built a greenfield transaction banking platform using a microservices architecture. Separate services for onboarding, entitlements, payments, identity, real-time processing and compliance reduced the impact of change across the wider platform. Web and mobile channels, flexible authentication and automated regression testing improved the customer experience and supported faster, lower-risk releases. A multi-tenant model enabled localisation for regional and Islamic banking requirements.