FusionX is a next generation, cloud-native, and cloud-agnostic core banking solution engineered on a microservices architecture which cater banking as a service. It is purpose-built to transform operational efficiency for financial institutions striving for a competitive edge.

What sets FusionX apart is its composable architecture, offering unparalleled innovation capabilities, flexibility and adaptability. By moving beyond traditional, monolithic systems and embracing a modular, microservice-driven approach, FusionX enables any size of financial service provider to create a banking ecosystem that evolves alongside their business needs. This powerful agility positions financial organizations to outperform in a rapidly changing marketplace.

Microservices Architecture: allows organizations to integrate modular components quickly, speeding up service deployment and enhancing operational agility.

Composability: composable design lets financial institutions define their products inline with their unique business requirements without accessing the core.

Cloud-Native & Cloud-Agnostic: runs seamlessly on any cloud platform (public, private, or hybrid) optimizing performance, reducing costs, and ensuring high availability.

Scalability: supports vertical and horizontal scaling for efficient transaction handling and operational expansion.

Mobile-Ready: Allows access securely from any device, anywhere, anytime.

Open Banking Standards: API-first design enables easy integration with third-party services and compliance.

Security by Design: Features encryption and multi-factor authentication to protect data and meet regulations.

Dynamic Workflow Engine: allows financial institutions to create innovative products tailored to their needs. Customizable rule engines allow internal IT teams to design and manage adjustments, eliminating costly change requests.

Low-Code/No-Code API Orchestration: Simplifies integrations and customization, enabling quick innovation.

Main Modules:

· Accounts module

· Term Deposit module

· Lending module

· Payment Hub (Kiosk)

· Authorization Module

· Cash and Payment Management

· Collateral Module

· Entity Management (Customer Onboarding)

· Analytics Module (Azure Fabric)

· Inventory Module

· Leads Management Module

· Recovery Module

· Yard management

· Supplier Module

· Legal Management Module

· orchestrator engine

Security and Compliance

FusionX delivers a secure and robust core banking solution built on the Microsoft Azure cloud platform. We employ a multi-layered security approach to safeguard your sensitive financial data and ensure operational resilience.

Key Security Highlights:

Advanced Cloud Infrastructure:

FusionX secures your data with Azure's robust framework, featuring stringent access controls, network isolation, and advanced threat protection, with all data encrypted at rest and in transit. An industry-leading Web Application Firewall (WAF) provides comprehensive protection against web-based threats, further strengthening security.

Proactive Security Posture:

FusionX proactively monitors and mitigates risks with CSPM and CWPP, ensuring compliance and security best practices for all cloud workloads

DevSecOps for Secure Development:

FusionX integrates security throughout the software development lifecycle with a DevSecOps approach, using automated security testing and dependency management to continuously identify vulnerabilities.

Industry-Standard Compliance

FusionX complies with major global security standards like ISO 27001 and NIST, and with data protection regulations such as PCI-DSS, GDPR, and SOC 2, ensuring secure data handling.

24/7 Security Operations Center (SOC):

FusionX's 24/7 SOC provides continuous monitoring, threat detection, and incident response, ensuring swift action and minimal disruption in case of security incidents.

With FusionX, you can trust that your financial data is protected by a comprehensive, multi-layered security approach that meets the highest industry standards and regulatory requirements.

FusionX

by LOLC Technologies Limited