Bank automation by PNN, on example of automation of loan system, using IBM BPM

Bank automation by PNN, on example of automation of loan system, using IBM BPM.

Business case:    automation loan department of a bank.

Objectives: one of the largest Ukrainian bank needed automate it’s loan department.

The owners of the bank wanted to be able to make a decision for loans on big sums of money in one hour after there would be a request for a credit. It was decided to implement IBM-Web Sphere and to develop some unique modules from scratch.

Why in fact IBM WebSphere was chosen?

IBM provides a platform that can be used to simplify automatic sharing data and information between different systems even if they were developed by different companies and hosted on different servers. In case you want to merge just two different systems you can utilize any technology to connect them, but if there are a lot of systems and data has to be exchanged rapidly, you have to use some standard platform for integration.

IBM Web Sphere (or IBM BPM) – is one of such reliable platforms, popular, proven and trustworthy.

Integrating all the databases

First of all PNN implemented:

  •  IBM WebSphere Process Server – responsible for executing the business logic of interaction between all integrated applications;
  • A tool for gathering data about potential borrowers, using IBM Web Sphere Enterprise Service Bus (ESB 7.0). 
To give a loan, bank employees have to gather all possible information about the borrower. Usually, loan manager has to make requests to a group of inner-bank systems. For example, an account status, a history of reference, the risk assessment. There are also external systems, such as interbank loans register, the database of the Ministry of Internal Affairs of Ukraine, courts and so on, and so on.

These databases provide us with necessary data in the form of web services. Our goal is to connect them to a shared bus communication – Enterprise Service Bus. Thus the system automatically collects all the necessary information about the trustworthiness of the borrower.

All operators from lending department are working with a unified interface in one and the same server. We have developed it with IBM Web Sphere Portal 7.0 and IBM Web Sphere Business Space. All the information stores on this server. Each employee has a controlled access to this information. The degree of access is determined by management personnel. Since all software resides on a server that allows one to: update software, to give or deny access to certain actions of staff, change computers without losing information, because it is stored on the server bank. 
Monitoring and optimizing
The next step was taken by us when the system was the done. We have developed a module for monitoring. It was made to know what really happens in the system. It is necessary to keep track of “narrow” places of the system.  The tool also helps to optimize the system.

Monitoring and optimizing the whole system was designed with IBM WebSphere monitor 7.0

Additionally:

  • To estimate the degree of risk a particular potential borrower. We connected to Credit Scoring. It is a decision-agent from the company Experian. By the number of parameters it estimates the degree of risk.
  • We have also joined the bank’s internal databases. These databases are stored in Oracle 11.
  • Operating system we worked with was Linux Red Hat.
  • The language for programming we used was primarily J2EE.
As a result:
  • We automated all the business processes of credit department.
  • The bank had reached a qualitatively new level of customer service.
  • The bank carried in the top three banks in the Ukrainian and Russian market.
  • Bank embodied idea to automate the loan department. Now a decision on loans takes just 60 minutes.
PNN – a professional in business processes automation.

 


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