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JLupin Software Studio: Bringing Microservices Architecture to the Financial Sector

Piotr Róg, CEO, JLupin Software StudioPiotr Róg, CEO
In the midst of the fourth industrial revolution, IT services have evolved as an imperative factor driving competition for the digitization of business processes. When it comes to the banking industry, the paradigm shift from ‘conventional banking to convenience banking’ has kept the banks on their toes to meet the customers’ demand for round-the-clock availability of IT services across diverse access channels. JLupin Software Studio steps into this rapidly changing market with its next-gen microservices platform—a well-rounded product that combines all the features required by modern IT environments, especially in the financial sector.

With an in-depth knowledge, rich experience, and unmatched skills in designing, developing and implementing an IT system, JLupin assists customers to adapt their processes to opportunities coming from a new architecture and transform them into an efficient software factory, where banks start acting like fintechs. In doing so, the company has put its winning wager on its JLupin platform -a fully automated and scalable microservices platform. This modern server-side technology implements microservice architecture as individual microservers that run their own processes but cooperate closely with each other. The use of separate processes ensures isolation and autonomy of microservices and simultaneously cuts down on the errors propagated throughout the application by providing each microservices with individual memory space and thread pool.

The functionality of the microservices platform is augmented by its automatic interfaces that minimize programming effort. The platform’s zero downtime deployment mechanism that ensures risk-free online microservice upgrade, and its self-healing feature that further decreases downtime makes it even more beneficial to its users.

“We believe that our product is an excellent base for building advanced financial services that support multi-brand implementations,” explains Tomasz Fryc, VP of Product and Service Development at JLupin.

What makes JLupin second to none is its time-to-market, infrastructure agnostic, and outstanding efficiency. The product has secured binary interfaces for remote method calling and can be implemented seamlessly across public, private, and hybrid clouds. Another unique feature of the platform is its distributed architecture that allows linear scaling across the system and ensures that there is no single point of failure. This distributed service repository along with load balancers add to the system’s flexibility and security, while its binary protocols ensure high-performance and reliable computing. “The cloud-ready architecture, in combination with our technology, enables easy deployment of this system on cloud as well as on-premise,” explains Piotr Róg, CEO of JLupin.

The platform’s easy deployment in heterogeneous environments and distributed communication channels and queues allows the implementation of reactive patterns of handling client requests, which makes JLupin Platform unique on the market. Besides, its personalized features to fit specific client requirements make the JLupin platform highly lucrative for the financial sector. The company’s omnichannel approach brings in the necessity for highly responsive mobile channels and the centralization of IT services.

In an instance, Alior Bank and T-Mobile Banking Services (a fintech launched by T-Mobile in Poland and Romania) realized the need for intensive organizational and programming changes when it needed to develop a credit engine that would enable service development in varied sales channels for various groups of credit products. This was crucial to the establishment of the bank’s loan offering. The JLupin Platform came to their rescue by aiding in the rapid development and deployment of services and enabled the use of ten independent applications operated by one retention team. The JLupin Platform enabled the bank to set up several new applications and expand its functional portfolio running on over 200 microservice instances without any additional, operational effort.

JLupin is currently enabling product integration with public clouds and support for additional runtime engines. In the near future, the company looks forward to increasing its brand recognition, both in the European market and across the globe.