FinCrime, Risk, and Regulatory Compliance

Client Case Studies

Cutting Edge Solutions for the World's Leading Banks & Financial Services Firms

Automated KYC & AML at Scale Reduces Operational Risk & Compliance Costs

BNP Paribas automates KYC & AML workflows at scale with a modernized application, handling 100,000 monthly assessments across 700+ branches. The system integrates with customer-facing and back-office platforms, eliminating manual data re-entry and improving efficiency.

Advanced Analytics Discovery for Credit Risk, Retention & CLV Optimization

Through exploratory analysis and predictive modeling of contract and customer data, we delivered actionable recommendations across credit risk, churn prevention, and customer lifetime value, laying the base for data-driven decision-making and long-term analytics initiatives.

API Souq (Market) Platform Modernizes Corporate Banking for Emirates NBD

Launched a unified API marketplace with real-time financial integration capabilities, helping corporate clients to automate payments, account visibility, and cash flow management in real time. The solution supports 7 service categories—from account and payment services to webhook-based notifications—empowering clients to build scalable digital experiences.

ANZ Launches BlueSpace Sandbox to Accelerate Fintech Co-Creation

ANZ launched BlueSpace, a secure sandbox platform enabling fintechs, startups, and institutional clients to rapidly test and validate digital banking solutions using synthetic transaction data and API plugins. BlueSpace allows rapid prototyping without touching production systems—lowering onboarding friction and fast-tracking strategic partnerships.

AXA Improves Integration Capabilities & Costs Savings with Hybrid Cloud on Azure

Now able to offer services more openly thanks to hybrid cloud setup. Infrastructure scalability, implementation of best practices, high reproducibility after failures, and major reduction in maintenance costs of the solution.

Improved Interoperability and Slashed Time-to-market from 1 month to 2 weeks

Armadillo uses modern architecture to increase integration possibilities and interoperability, reduce time-to-market from 1 month to 2 weeks, enabling agile regional launches & enhanced customer insights.

4B+ Records & 3.2M Credit Accounts Migrated with Near-Perfect Accuracy

Delivered a 13-month migration project, moving 4+ billion records and 3.2 million credit accounts across 9 source and 4 target systems. We achieved exceptional data integrity with only 14 rejected records (expected) and full real-time reconciliation across 650+ reports.

Migrated 44,000 Card Accounts and 100m+ Transaction Records in a Single Weekend

BNP Paribas consolidated systems ahead of a major merger by migrating 44,000 card accounts. We executed two dress rehearsals and delivered a migration with 900+ data mappings and 170 reconciliation rules in a weekend.

Data Warehouse for Regulatory & Operational Reporting Across 20+ Systems

Built a data warehouse which consolidates data from 20+ systems including two core banking platforms for accurate regulatory & operational reporting. The engine streamlines ETL, validation, and BASEL II compliance, supporting both daily operations and long-term MIS strategy.

Clickstream Analytics at Petabyte Scale for 9M+ Retail Customers

Built a clickstream analytics platform for CRM and risk modeling across digital channels. With 1PB+ of behavioral data, 900+ predictive triggers, and integrations with external sources, the solution improves loan targeting, boosts campaign conversion, and sets the foundation for real-time engagement.

Automated KYC & AML at Scale Reduces Operational Risk & Compliance Costs

Advanced Analytics Discovery for Credit Risk, Retention & CLV Optimization

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Solutions

Tailored Offerings for BFSI's Most Burning Challenges

Open Banking

Encouraging collaboration among banks & fintech firms

Open Banking Enablement: Support PSD2, CDR, and CMA compliance journeys with mature API platforms, developer portals, and FinTech ecosystem integration.
Embedded Finance & BaaS: Enable new business models—BNPL, embedded lending, and insurance—through curated FinTech partnerships and plug-and-play API templates.
Digital Product Acceleration: Use OIP (Open Innovation Platform) to ideate, prototype, and launch digital finance products with prebuilt APIs, synthetic data, and sandbox environments.
API-First Architecture: Deploy reusable APIs across payments, KYC, accounts, and wallets. Enable rapid development of composable finance journeys.
Customer-Centric Journeys: Build in-context experiences across commerce, life events, and enterprise workflows—from POS financing to emergency coverage.
Compliance & Security at Scale: Ensure data privacy, access governance, and regulatory alignment across markets with built-in policy enforcement and observability.

Get a demo of our Open Innovation Platform (OIP)

Payments Modernization

Convenience, enhanced security measures & expanded payment opportunities

Modernize the Core Stack: Consolidate legacy systems and modernize switches, hubs, and card platforms to support high-volume, real-time, and cross-border transactions.
Enable New Payment Channels: Support mobile wallets, IoT, wearables, bots, and social/P2P payments with flexible APIs and microservices-based architecture.
Adopt Next-Gen Rails & Standards: Accelerate ISO 20022 migration, enable SWIFT cloud strategies, and implement new real-time payment schemes across regions.
Enhance Resilience & Scalability: Improve performance and stability across global payment infrastructures while reducing tech debt and increasing fault tolerance.
AI-Powered Fraud & Risk Management: Leverage AI/ML for enhanced fraud detection, risk scoring, and real-time alerts across payment flows and digital identities.

Book a session with our BFS consulting team

Core Banking Modernization

Transform legacy technology and applications into a modern ecosystem

Replatform & Optimize: Refactor apps with Amazon ECS/EKS (Kubernetes), Lambda, and AWS Fargate to improve agility, performance, and costs.
Database & Analytics: Migrate to AWS RDS, DynamoDB, or Redshift for better performance and scalability. Leverage your data to implement AI-powered solutions.
Automation & Security: Leverage AWS DevOps, CI/CD pipelines, optimized landing zones, and IAM policies to automate and secure workloads.

Get a Tailored AWS Modernization Plan

FinCrime Optimization

Digital transformation strategies that optimize compliance costs for enterprises

Replatform & Optimize: Refactor apps with Amazon ECS/EKS (Kubernetes), Lambda, and AWS Fargate to improve agility, performance, and costs.
Database & Analytics: Migrate to AWS RDS, DynamoDB, or Redshift for better performance and scalability. Leverage your data to implement AI-powered solutions.
Automation & Security: Leverage AWS DevOps, CI/CD pipelines, optimized landing zones, and IAM policies to automate and secure workloads.

Get a Tailored AWS Modernization Plan

Digital Transactions

Accelerate client’s digital journey, streamline processes & foster business innovation

Replatform & Optimize: Refactor apps with Amazon ECS/EKS (Kubernetes), Lambda, and AWS Fargate to improve agility, performance, and costs.
Database & Analytics: Migrate to AWS RDS, DynamoDB, or Redshift for better performance and scalability. Leverage your data to implement AI-powered solutions.
Automation & Security: Leverage AWS DevOps, CI/CD pipelines, optimized landing zones, and IAM policies to automate and secure workloads.

Get a Tailored AWS Modernization Plan

Risk & Regulatory Reporting

Optimize your risk, finance and regulatory reporting ecosystem.

Data-Driven Risk Management: Strengthen data governance, build data competencies, and unify data sources across the firm to support smarter, compliant decision-making.
Smart Automation & Innovation: Leverage AI/ML, RPA, NLP, and advanced analytics to automate risk surveillance, compliance processes, and fraud detection.
Risk & Compliance Platform Consolidation: Simplify and modernize legacy systems across business lines, integrating KYC, AML, CLM, and transaction monitoring platforms.
Real-Time Risk Monitoring & Reporting: Enable near real-time surveillance, automated thresholding, anomaly detection, and intelligent alert triage through AI/ML accelerators.
Strategic Regulatory Compliance: Navigate multi-jurisdiction regulations, data privacy laws, and risk management practices with integrated compliance solutions.
Optimized Customer Onboarding & KYC: Digitize onboarding with omni-channel ID verification, dynamic KYC/CDD refresh, and significant reductions in onboarding times and false positives.
Phased Modernization Approach: Deliver measurable gains through operating model redesign, digital platform build-outs, FinCrime innovation sandboxes, and continuous improvement loops.

Get a Tailored AWS Modernization Plan

Features & Services

FinCrime, Risk, and Regulatory Compliance Solutions

Automate and strengthen compliance across KYC, AML, and regulatory reporting while reducing operational costs.

Data-Driven Risk Management

Strengthen data governance, build data competencies, and unify data sources across the firm to support smarter, compliant decision-making.

Smart Automation & Innovation

Leverage AI/ML, RPA, NLP, and advanced analytics to automate risk surveillance, compliance processes, and fraud detection.

Optimized Customer Onboarding & KYC

Digitize onboarding with omni-channel ID verification, dynamic KYC/CDD refresh, and significant reductions in onboarding times and false positives.

Risk & Compliance Platform Consolidation

Simplify and modernize legacy systems across business lines, integrating KYC, AML, CLM, and transaction monitoring platforms.

Operational Efficiency & Cost Reduction

Achieve 50–70% gains in onboarding and alert resolution times by reducing false positives and automating investigative workflows.

Real-Time Risk Monitoring & Reporting

Enable near real-time surveillance, automated thresholding, anomaly detection, and intelligent alert triage through AI/ML accelerators.

Strategic Regulatory Compliance

Navigate multi-jurisdiction regulations, data privacy laws, and risk management practices with integrated compliance solutions.

Phased Modernization Approach

Deliver measurable gains through operating model redesign, digital platform build-outs, FinCrime innovation sandboxes, and continuous improvement loops.

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Our Approach

A Proven Framework for Seamless Application Modernization

We take a structured, risk-mitigated approach to modernizing applications, ensuring a smooth transition with minimal disruption.

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Assessment & Strategy

Analyze your existing applications, identify technical debt, and define a modernization roadmap tailored to your business priorities.

Extract & Decouple Critical Workloads

We identify and separate key business functions from legacy monoliths, allowing for incremental modernization without system-wide disruption.

Rebuild with Cloud-Native Architectures

Using microservices, Kubernetes, and serverless computing, we refactor applications for scalability, security, and future-proof performance.

Automate for Speed & Reliability

CI/CD pipelines, infrastructure as code, and DevOps best practices reduce deployment cycles, eliminate manual errors, and ensure applications are built to scale effortlessly.

Optimize for Cost & Performance

We fine-tune cloud usage, automate resource scaling, and introduce AI-driven insights to maximize performance while keeping cloud costs under control.

Testimonials

See what some of our clients have to say

For over 9 years, we’ve partnered with ITMAGINATION for numerous projects. What impresses me most is their consistent reliability.

Jarek Dąbrowski

Senior Technology Director & Board Member

What sets our relationship apart is the partnership approach; it's not just about staff augmentation. Over the past years, we've built a level of trust that allows us to work seamlessly.

Dennis Priess

Head of Mobile Engineering & Quality Assurance

David McGowan

SVP, CIO of Global Commercial Services. Previously CTO at Kabbage, Acquired by American Express

"Kabbage’s (Acquired by American Express) partnership with ITMAGINATION has been instrumental in completing our goals across numerous major projects."

Małgorzata Dąbrowska

Chief Operating Officer & Board Member

"ITMAGINATION has been cooperating with BNP Paribas since 2012, completing many initiatives with the bank, providing and implementing software that was developed especially for our needs."

Dorota Poniatowska-Mańczak

Chief Innovation Officer

"We have been cooperating with ITMAGINATION since 2016. The main project created by ITMAGINATION for our company was implemented very quickly – in only 13 months."

David Wood

Managing Director

"ITMAGINATION's team was able to understand our business needs and set up a development team quickly and to a high quality."

Michael Wolf

Chief Technology Officer (CTO)

"The team has been great to work with, they are direct communicators, open to feedback and work hard to build a great product."

Robert Pernak

Pricing Manager

"ITMAGINATION's team clearly understands our needs, have top-notch expertise both in our sector (FMCG), as well as the technologies used - Business Intelligence Data Warehousing."
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Team

Meet Our Solutioning Team

Amit Bhute

Global Head of Banking and Financial Services

As the Chief Architect at ITMAGINATION, I design secure, scalable solutions on Microsoft Azure, specializing in cloud architecture, AI, and data platforms to help our clients drive innovation and efficiency.

Maciej Gos

Chief Architect

Jakub Czajkowski

.NET Competency Leader

With over 16 years in the IT industry, including more than a decade at ITMAGINATION, I specialize in backend development, cloud architecture, and Microsoft technologies, helping businesses design scalable, high-quality solutions with a value-first approach.

Tomasz Rębelski

Java Competency Leader

With over 13 years of experience in software development, architecture, and engineering leadership, I help businesses build scalable, high-performance solutions across industries, specializing in modernization, enterprise integration, and AI-driven personalization.

Have any questions?

Don't hesitate to reach out! Our team is here to help.

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Maciej Gos

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If you're interested in exploring how we can work together to achieve your business objectives & tackle your challenges - whether technical or on the business side, reach out and we'll arrange a call!

Cutting Edge Solutions for the World's Leading Banks & Financial Services Firms

Automated KYC & AML at Scale Reduces Operational Risk & Compliance Costs

Advanced Analytics Discovery for Credit Risk, Retention & CLV Optimization

API Souq (Market) Platform Modernizes Corporate Banking for Emirates NBD

ANZ Launches BlueSpace Sandbox to Accelerate Fintech Co-Creation

AXA Improves Integration Capabilities & Costs Savings with Hybrid Cloud on Azure

Improved Interoperability and Slashed Time-to-market from 1 month to 2 weeks

4B+ Records & 3.2M Credit Accounts Migrated with Near-Perfect Accuracy

Migrated 44,000 Card Accounts and 100m+ Transaction Records in a Single Weekend

Data Warehouse for Regulatory & Operational Reporting Across 20+ Systems

Clickstream Analytics at Petabyte Scale for 9M+ Retail Customers

Automated KYC & AML at Scale Reduces Operational Risk & Compliance Costs

Advanced Analytics Discovery for Credit Risk, Retention & CLV Optimization

Tailored Offerings for BFSI's Most Burning Challenges

Open Banking

Payments Modernization

Core Banking Modernization

FinCrime Optimization

Digital Transactions

Risk & Regulatory Reporting

FinCrime, Risk, and Regulatory Compliance Solutions

Data-Driven Risk Management

Smart Automation & Innovation

Optimized Customer Onboarding & KYC

Risk & Compliance Platform Consolidation

Operational Efficiency & Cost Reduction

Real-Time Risk Monitoring & Reporting

Strategic Regulatory Compliance

Phased Modernization Approach

Industry Partnerships and Modern Tech Stack Powering Our Solutions

In Numbers

A Proven Framework for Seamless Application Modernization

Assessment & Strategy

Extract & Decouple Critical Workloads

Rebuild with Cloud-Native Architectures

Automate for Speed & Reliability

Optimize for Cost & Performance

See what some of our clients have to say

Meet Our Solutioning Team

Have any questions?

Let's Talk About Your Project!

Maciej Gos

Chief Architect

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