Through its technical team’s support, Banca Transilvania developed, adopted and scaled up FLOWX.AI technology on top of its existing systems. It is a cloud native platform that enables the bank to increase constantly its agility, visible especially in customer responsiveness. It is also the main solution used by BT for the digital transformation of the internal processes.
The platform and its development have many benefits for both employees and customers:
- For employees, it translates into simplifying the activity, by decreasing the number of applications used daily and increasing the speed in serving the clients.
- For customers, it means simplification and rapidity, because it enables Banca Transilvania to onboard the individual clients in 5 minutes (including a subscription activation), and the SME customers in 15 minutes (including the Unlimited package, a selection of current account services) and the time for onboarding the clients is significantly reduced. The platform has a positive impact over more than 100.000 BT customers per day.
“BT ONE platform is part of Banca Transilvania long term strategy of modernizing through technology the infrastructure that serves its branches. This investment has an important contribution to increasing the productivity and the operational efficiency while ensuring the security of the operations through technology applications``, states Mariana Chindriș, Executive Director of Technology, Banca Transilvania.
“I am excited to see our customers’ business results while adopting FLOWX.AI technology. In modern society, enterprise software development is one of those areas with the highest rate in terms of invested resources that most of the time have results below expectations, way under the effort and investments. Our partnership with Banca Transilvania has shown us from the beginning that our mission and direction that we have in FLOWX.AI team - to drive sustainable growth in the enterprise world and improve employees’ and customers’ lives with world class digital experiences - is correct”, adds Ioan Iacob, co founder and CEO FLOWX.AI.
FLOWX.AI platform brings a suite of digital solutions for banks and insurance companies, based on a revolutionary technology that enables them to develop modern digital products efficiently. By using FLOWX.AI, the banks, insurance companies and enterprise sector can deploy in a couple of weeks omnichannel digital experiences that unify and reuse the existing systems and further build and launch new functionalities in a few day.