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Case Study

Building core application for leasing and related financial services

The client is financial services subsidiary wing of a global manufacturer of office equipment. In the leasing industry, 3rd in profitability, and 10th in sales scale. The company finances and leases the products sold by the manufacturing giant. Among the various financial services provided by the company, the vendor leasing business using the partner network is highly profitable and has grown steadily. Based upon “Beyond Leasing”, the client provides services and products that help the environment, society, and customer development as well as finance lease for small and medium-sized companies. The scope of engagement includes assessment of IT systems landscape, to-be architecture, grand design and phased construction.

The solution

Challenge
  • Challenges to achieve vision of “Beyond Leasing” due to system constraints.
  • System becomes complicated and deteriorates maintainability because functions are expanded over 20 years.
  • RAPID (Leasing core system) cannot handle. Use other tools in patchwork manually.
  • Conventional core system is monolithic system specific to business, so it makes difficult to establish new business and keep abreast with technological change.
  • Cannot reuse functions of existing system. Every time develop new features, have to develop a set of features. Not easy to systemize.
  • System does not keep abreast with speed of the conglomerates’ business.
  • Increasing ad hoc processing and manual workarounds makes business productivity low.
  • information cannot be monitored consistently because the systems are separated.
Services/Solutions Offered
  • Assessment of overall IT landscape, to-be architecture, grand design, and phased construction
  • Secure versatility and extensibility, a structured general-purpose data model that can accept a broad range of businesses and a system function component that can be reused and flexibly combined.
  • Construct generic framework for finance platform.
  • Single page application with Micro-service architecture using SpringBoot Java, ReactJS, Kubernetes and PostgreSQL as key technologies.
  • Modular and reusable component architecture with unified data model and base services.

Benefits Realized

To realize business direction, new core system as a whole, is deemed necessary to provide the values as below.

Easy to expand business area to new products and fields, assumingly, small systems are provided in initial stage.

Component oriented system to meet new business quickly.

Unified granular data model across business schemes for faster launch of new businesses