Case Study
How Modus, a UST company, stabilized core banking and digital operations for one of Sri Lanka's largest private banks.
OUR CLIENT
Our client is one of Sri Lanka's largest and most established private commercial banks, serving personal, SME, and corporate clients across an island-wide branch network. With a strong digital banking presence and a broad portfolio of financial products, the bank is a cornerstone of Sri Lanka's financial services landscape.
THE CHALLENGE
Ensuring continuous banking operations across core and digital systems
The bank depended heavily on Finacle for day-to-day banking operations, including loan processing, reporting, and digital banking services. Maintaining stability across these interconnected systems required consistent monitoring, rapid issue resolution, and ongoing system enhancements.
Key operational challenges included:
- Long-standing issues within the Finacle loan module that required timely resolution
- The need for 24/7 Finacle core banking support and Finacle e-banking support to maintain uninterrupted banking services
- Managing infrastructure-related incidents while maintaining system availability
- Ensuring seamless end-of-day (EOD) processing and supporting critical year-end banking activities
- Implementing Finacle customization services aligned with regulatory and operational requirements
Without a structured support model, these issues could impact operational efficiency, system reliability, and the bank’s ability to maintain consistent digital and branch banking services.
THE TRANSFORMATION
SLA-driven production support for Finacle core and digital banking platforms
We implemented a structured Finacle Core Banking L1 & L2 Support Services model to stabilize the bank’s core and digital banking environment while enabling ongoing enhancements.
- 24/7 core banking and infrastructure support: We established a 24/7 banking application support framework that covered Finacle core banking, e-banking systems, and infrastructure components. This ensured continuous monitoring and rapid response to incidents impacting banking operations.
- Integrated core and digital banking support: Dedicated teams provided Finacle e-banking support and Finacle core banking support, enabling seamless coordination across digital banking channels and core transaction systems.
- Finacle customization and enhancement delivery: The team executed Finacle core and report customizations, along with e-banking enhancements, ensuring the platform continued to meet evolving operational and regulatory requirements.
- Issue resolution and operational support: We addressed long-pending loan module issues, delivered timely system enhancements, and supported critical activities such as EOD processing and year-end operations.
- Structured testing and release support: The engagement included unit testing validation, UAT and SIT support, patch testing, deployment, and post-production enhancements, ensuring stability during system updates and releases.
Through this structured support model, the bank built a reliable system performance across its Finacle environment.
THE IMPACT
Reliable banking operations supported by continuous production support
By implementing a structured support framework, we helped the bank maintain stable and responsive core banking operations.
- Seamless support for both core banking and e-banking platforms, improving operational continuity
- Timely delivery of system enhancements and customizations, aligned with business and regulatory requirements
- Rapid resolution of loan module issues, reducing operational disruption
- Consistent completion of report and core system customizations within agreed timelines
- Continuous 24/7 operational support for infrastructure, Finacle core banking, and digital banking systems
With SLA-driven banking IT production support and integrated Finacle core banking support, the bank strengthened system reliability and ensured uninterrupted service delivery across its banking operations.
Want to strengthen the stability and performance of your core banking platforms?
Explore how Modus, a UST company, delivers banking support services that help banks maintain reliable operations, resolve critical issues faster, and support continuous digital banking performance.