Posted inBanking / Innovation

Elenjical Solutions integrates AWS’s rapid framework into Murex trading system at Standard Bank

Enabling development environments to be created – and extinguished – with just a few clicks, the eight month project is the only Amazon Web Services’ Rapid installation in Africa and one of the first in the world.

The integration of AWS Rapid now allows Standard Bank to create and manage cloud-based development environments with ease, security, and significantly greater speed compared to on-premises servers.

This framework comes as a full package and enables deployment of development environments with just a few clicks. It meticulously maintains separate accounts for development, UAT, SIT, and production, significantly reducing implementation time.

 Additionally, Rapid supports complete CI/CD pipelines, ensures seamless upstream and downstream integration, and offers precise right-sizing capabilities.

The installation of Rapid, delivered entirely remotely by Elenjical Solutions, now provides significant advantages for Standard Bank.

Previously, starting a new development project on premises required acquiring or allocating an on-premises server, incurring high costs and lengthy setup times.

Rapid addresses these challenges with its secure, versatile functionality and ability to expand and contract server space as needed, meaning only the capacity used is paid for.

Elenjical Solutions is a strategic partner for both Murex and AWS, making it the ideal integration partner for this project.

The consultancy’s expertise ensures that businesses can leverage the Rapid framework not only for Murex but also for any three-tier system [comprising the presentation tier for the user interface.

It further has the application tier for data processing, and the data tier for storing and managing application data], providing a scalable and flexible solution for financial institutions.

“Moving Murex to AWS Rapid is a sophisticated process, and many clients find extracting the full benefits a challenge without expert assistance,” says Colyn Van Zyl, Executive Manager at Elenjical Solutions.

 “Even with advanced AWS skills, developing the required frameworks and achieving full CI/CD automation is demanding. Our expertise simplifies this process, ensuring cost-effectiveness and accuracy by always creating solutions tailored to our clients’ specific needs,” Colyn added.

Elenjical Solutions is now poised to offer Rapid implementation services to new and existing customers worldwide.

Published for Daredevil on behalf of Elenjical.


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