Is your bank ready for a sudden explosion of data and traffic?

With third-party providers now allowed to access customer data, core banking systems can soon start struggling with the onslaught of requests.

But yours doesn’t have to.

Biffee offloads the infrastructure by handling account information queries.
No costly hardware upgrades. No changes in existing systems. Biffee swiftly adjusts to what you have, offering an innovative approach to future growth.

What is Biffee?

THE PROBLEM

The majority of banks in Europe are still operating on legacy mainframes. With PSD2, the open banking directive, giving third-party providers (TPPs) real-time access to customer account information, the rise of TPP applications creates a large increase in traffic.

That growing number of transactions and queries puts a load on legacy machines. Increased traffic can cause latency and a significant drop in system performance for customers as well as bank employees. Upgrades of their processing power can be extremely expensive.

The solution

Biffee is a core banking system offload engine. A smart big data solution designed to return account information queries like client demographics, global position and transaction history without any disruption to performance or stability of the core banking infrastructure.

Benefits

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How does it work?

Using a bank’s existing software,
Biffee extracts customer data from the core banking system in real time. The data is transferred to the Biffee archive where it is structured and optimized for search-engine browsing and analytics.

Since no one can predict just how much traffic will increase, Biffee offers linear scalability with commodity x86 servers. This eliminates the need for significant and costly upgrades to the core banking system. When resource demand grows, simply add more PCs to the infrastructure to swiftly adjust the performance.

Everything happens in a secure environment. The access layer supports strong OAuth2 and Kerberos authentication protocols as well as SSL encryption. Biffee also keeps multiple copies of data—information can’t be accidentally deleted or lost due to single-node failure.

Access to data is strictly controlled based on predefined roles and permissions, to prevent unauthorized persons from accessing customer account information. When PSD2-compliant apps send account information queries, data from the Biffee archive is quickly retrieved and sent back.

Features

Linear Scalability
Through Shared
Computing

Scale Biffee depending on performance needs by simply adding more PCs. Distributed computing offers cost-effective scalability and growth opportunities.

Contextual
Full-Text Search
Functionality

Browse account information in a convenient search-engine-like manner. Available for customers and bank employees.

Modular
Business
Functionalities

Create custom data aggregates, marketing actions, and reports.

Multiple Core
Banking Systems
Support

Biffee works with many backend systems, ensuring seamless interoperability.

Customization
to Individual
Bank’s Needs and
Preferences

Biffee adapts to existing CDC platforms, for example IBM CDC, Attunity, and Oracle GoldenGate.

Innovative
Approach
to Data Storage

Biffee ETL engine transforms and optimizes data for storage and full-text search in an archive based on the DataStax platform.

Fast Execution
of Transactions

3000 transactions per second with latency of less than a second.

Effective Search
Functionality

200 parallel full-text searches per second.

Flexible
Integration

Access Layer API can be integrated with third-party APIs using any type of protocol, including SOAP and REST.

Use cases

propositions

Data Aggregator
Biffee can work as an account data aggregator, sourcing data from other banks via customer-approved APIs. This allows banks to expand their distribution network by attracting customers who want to have an overview of account information from all their banks in one secure and convenient place.

Real-Time Marketing (RTM)
Banks using Biffee can analyze real-world buying behaviors of customers and create tailor-made offers that convert better Our proprietary software integrated with Biffee aggregates actionable customer insights and data, including data from customers’ other accounts. Biffee can be used to create custom marketing activities and reports.