Banking & Insurance Solutions
SCAD has extensive experience in the Financial Services Industry that span a period of more than 18 years mainly in Africa and Middle East. Africa is a very difficult environment with a lot of challenges including different languages, multi-currency, low bandwidth, intermittent connectivity, different regulatory compliance and multiple different systems per country.
Most first world systems struggle to work in an African environment, yet we have an impeccable track record in those difficult environments. Some of these systems are mission critical that runs at the highest possible SLA and availability levels (E.g. 99.9 % 24/7 high availability)
Examples of systems SCAD has created are:
- Banking Credit System with multiple integrations covering Commercial, Property Finance, Vehicle Asset Finance, Agri Finance and Line of Credit
- Vendor Funding Credit System
- Operational Risk Mobile Application
- Rules Based Access Management System
- Project Risk Management System
- KYC and AML Solution across 10 Countries
All these systems were delivered in timelines that no other supplier could come close to.
To illustrate the speed and efficiency of the SCAD Methodology, SCAD was the only external supplier invited to compete in the First National Bank (FNB) Codefest 2015.
FNB, part of the First Rand Group are widely recognized for their innovation.
The FNB Codefest is an event where the top Technologists over the First Rand Group (FNB, RMB, WesBank etc) come together with the Business units in the group to run a competition where you must deliver an innovative system in 24 hours. The technologists and business people vote for the top 6 systems which