Panel - Banking & Financial Services - NextStep 201926 min
Why Santander Consumer chose OutSystems:
An OutSystems Powered Digital Transformation
Following an extensive evaluation, OutSystems was selected as the low-code application development platform to refresh the bank’s technology. Key selection criteria included:
The digital transformation required a new, agile IT architecture to replace many of Santander Consumer’s 20-year old systems. Fundamental to this was the creation of an enterprise service bus, a new business process management layer, and new channels for all product stakeholders. All of these were to be developed on the OutSystems platform.
Many reusable components have already transitioned to the new architecture, including:
In late 2018, the first solutions went live for consumer credit and personal loans, which are high priority growth targets for Santander Consumer. Other solutions built with OutSystems that are already in production include:
The bank is also about to launch new fully-integrated solutions for credit recovery and associated litigation.
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