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Tagit expands Mobeix capabilities with deployment of microservices

Tagit, digital banking, FinTech, SingaporeSingapore-based digital banking solutions provider – Tagit, announced today the expansion of the use of the microservice architecture and deployment across the entire product suite and the DBEP platform. This will transpire through MobeixTM, a digital banking engagement platform (DBEP) and Tagit’s portfolio of banking solutions. Mobiex currently supports banks with over 13 million active mobile banking users.

Customers can leverage the expanded technology architecture capabilities to deliver business solutions leveraging the App- Serverless approach. This will enhance deployment flexibility and scaling capabilities. The deployment of domain focused, API enabled business components as micro-services gives the bank multiple deployment options to match the bank’s performance requirements. Thus, the rapid increase in the volume of customer interactions and the requirement to incorporate partners of the bank into the bank ecosystem can be served.

Sandeep Bagaria, CEO, Tagit encapsulated, “Banks are leveraging AI and conversational assistants to interact with customers digitally through various channels of their choice. At the same time, with open banking becoming more prevalent, Banks are becoming part of various digital ecosystems where they need to offer plug and play banking services. This requires a very flexible and scalable on-demand architecture which our clients can enjoy with our continued investment in microservices to meet the future requirements of digital banking.”

Tagit has chosen the approach of componentization of both its DBEP and associated business components to provide greater flexibility in assembling banking solutions and deployment of those solutions in an operationally robust environment. For large scale requirements, containerization of components will allow for the automatic deployment, scaling and management of applications in a distributed or cloud environment. The approach allows banks who are early in their microservice journey to scale with a cost-effective infrastructure environment and, larger banks who need immediate scale to leverage industry technologies for containerization.

This will give banks a competitive advantage in time to market industry-standard APIs through Open Banking API gateways quickly and scale them rapidly as adoption and volumes increase.

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