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Bringing Innovation to Banking: A Journey Through Tech Fusion 2023
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Bringing Innovation to Banking: A Journey Through Tech Fusion 2023
Bringing Innovation to Banking: A Journey Through Tech Fusion 2023 1300 972 Exist Software Labs

Makati City, Philippines – In a dynamic fusion of technology and banking, Tech Fusion 2023 ignited sparks of innovation and ushered in a new era of financial technology last September 21, 2023. Hosted at the Microsoft Philippines Office in Makati, this exclusive event brought together prominent figures from the banking industry, top executives, and decision-makers to explore the transformative power of DevOps, Cloud Migration, and API Management. In collaboration with Crayon and Microsoft, Exist Software Labs, Inc. unveiled a world of possibilities for the BFSI (Banking, Financial Services, and Insurance) sector.

Charting a New Course

Tech Fusion 2023 was not just an event; it was a voyage into the heart of digitalization in banking. The journey explored three main areas:

  1. DevOps Dynamics: Time-to-Market Accelerations with Confidence

The first leg of the journey examined how DevOps practices can dramatically accelerate time-to-market for banking solutions while instilling confidence in the process. Attendees learned strategies to balance speed and quality, ensuring robust software delivery.

  1. New-Age Competition: Modern Infrastructure and Cloud-Native Architecture

In the second phase, the discussion revolved around modernizing infrastructure and embracing cloud-native architecture. Experts elaborated on the pivotal role of microservices, containerization, and serverless computing in building scalable and resilient banking applications.

  1. API Quest: Navigating the Infinite Possibilities of Banking Innovation

The final stretch explored the infinite possibilities of banking innovation through API Management. Attendees gained insights into how API technology simplifies banking transactions and integrates diverse applications into a unified platform, fostering financial inclusion and transparency.

Exist Awarded as Crayon’s Partner for Banking Solutions in the Tech Fusion 

The event commenced with a warm welcome from Willex Perez, Exist’s Co-founder & VP of Sales & Marketing. He expressed his enthusiasm for collaborating to enhance efficiency and satisfaction in banking through digitalization.

The highlight of the day was the official launch of Exist’s Digital Banking Solutions, known as the Exist Banking and Financial Services (EBFS) Business Unit. Jemelyn Ambrosio, BFS Business Unit Head, unveiled the digital banking roadmap, which depicted the evolution from traditional to digitally mature banks.

Following the presentation, Crayon Philippines recognized Exist Software Labs, Inc. as their primary partner in Banking Solutions in the Philippines. Carlos Sevilla, Crayon Philippines’ Channel Sales Director, presented this recognition to Exist.

Embrace the Future: Begin Your Digital Banking Journey Today

Schedule a free technical consultation to start your digital banking assessment

CONTACT US

Panel Discussion

The heart of Tech Fusion 2023 beat within the panel discussions. Seasoned experts from diverse backgrounds shared their experiences and insights:

  • Randy Cabredo – Solutions Area Specialist for Azure, Microsoft
  • Chester Guerrero – Head of Production Security, Maya Philippines
  • Carlos Sevilla – Channel Sales Director, Crayon
  • Jonas Lim – Vice President of Technology, Exist Software Labs
  • Dennis De Vera – Director of Technical Services, Exist Software Labs

These panelists wove together their experiences and domain expertise to create a rich tapestry of knowledge. They delved into innovations and real-world implementations, answering participant questions and unraveling the intricate world of digitalization. The Tech Fusion event illuminated the path to a future-ready digital banking landscape through DevOps, Cloud Migration, and API Management.

While enjoying lunch, attendees seized the opportunity to network with technology experts and engage in enlightening conversations with fellow banking leaders. It was a moment to connect, share ideas, and envision a digitally transformed future for the BFSI sector.

Crayon’s Digital Transformation Insights

After the lunch break, Crayon’s Business Development Manager, Gab Villanueva, took the stage to share valuable insights on digital transformation. This added yet another layer of knowledge to the event, further enriching the participants’ understanding of how technology can drive financial institutions forward.

A Fusion of Knowledge, Innovation, and Fun

Tech Fusion 2023 was not just an event; it was an experience filled with knowledge, insights, fun, and new technologies. Banks across the Philippines can now leverage the wisdom shared during this event to embark on their own journeys of digital transformation, ultimately benefiting their customers and securing a competitive edge in the rapidly evolving BFSI landscape.

As the sun set on Tech Fusion 2023, the banking industry in the Philippines looked forward to a future illuminated by innovation, collaboration, and the limitless potential of technology.

Tech Fusion 2023: Shaping the Future of Banking, One Innovation at a Time

Contact us today to learn more about Digital Banking

Start your Digital Banking journey that is secure, scalable, connected, cloud-ready & flexible

LEARN MORE
DevOps. Java. Java Developer. Data Solutions. Data Solutions Provider Philippines
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Nine (9) Effective Ways DevOps Minimizes Technical Debt
Nine (9) Effective Ways DevOps Minimizes Technical Debt 650 486 Exist Software Labs

DevOps is an amalgamation of philosophies, practices, and tools that addresses numerous developmental and operational challenges an organization faces, one of which is dealing with ‘technical debt’.

Technical Debt is accrued when less-than-ideal coding and design decisions are made – in order to get what the team requires now or if there is a need to go into production sooner.

TEST IN THE EARLY STAGES OF SOFTWARE DEVELOPMENT

This is a key DevOps Practice, to test early in the Software Development Lifecycle (SDLC), testing early is also known as “Shift-Left Testing”. It assists in finding and preventing errors from the early stages of the delivery process. It includes code coverage analysis, static code analysis, unit tests, as well as other code-level practices to catch errors at the earliest time possible where they cost the least to fix.

IDENTIFY AND RESOLVE MAJOR PROBLEMS FIRST

The DevOps Lifecycle has lean, short feedback cycles and faster iterations due to the enhanced level of collaboration between teams. This results in not having to wait until the next feature release to get a fix for bugs, security vulnerabilities, and usability issues, in addition, major complications that can affect users or operations are fixed instantaneously.

The process can be optimized further by defining a ranking for problems from low to high priority to help in deciding which issues should be attended to first. The team should be focus on solving these major problems first and not leave anything for a later time down the line.

CREATE IMPROVED COLLABORATION BETWEEN THE DEVELOPMENT AND OPERATION TEAMS

A possible reason for incurring technical debt or “code debt” is because development teams, regardless of how reluctant they are, may be forced into taking shortcuts to deliver on tight deadlines combined with struggling with constant changes or requirements. However, improving the collaboration between the Development and Operations teams can shorten the SDLC, and enable quicker deployments, in addition to increasing their overall frequency.

Continuous Integration/Continuous Deployment and Continuous Testing can make it easier for teams to navigate and deal with changes. In general, cultivating a collaborative culture inspires code reviews, good coding practices, and robust testing with mutual help.

HIGHLIGHT MORE AUTOMATION

In automating tedious time-consuming tasks, and others that prove to be more prone to errors, your teams will be granted more time to repay technical debt. Additionally, automation that is rooted in CI/CD, in terms of automated testing and building, and Infrastructure as Code (IaC) supports in recognizing debt earlier and facilitates continuous debt repayment. It also enforces code quality standards – hence, automation can reduce existing technical debt while also preventing any future debt.

MANAGE TECHNICAL DEBT

DevOps makes it easier to control and manage technical debt continuously. It empowers constant communication, allowing teams to track debt, incite awareness and resolve it as soon as possible. The appointed team leaders can also include a review of the technical debt into backlog and schedule maintenance sprints to deal with it promptly. DevOps also reduces the likeliness of having incomplete or deferred tasks in the backlog, further helping prevent incurring any additional debt.

CULTIVATE A DEVOPS CULTURE

In managing technical debt over long periods, a proper DevOps Culture will be the key. As we’ve said a number of times over, it encourages strong collaboration between cross-functional teams, provides autonomy and ownership, and practices continuous feedback and improvement. It’s a truly efficient platform in calculating and tracking technical debt whilst communicating it to other teams. A DevOps Culture can also be used as a way to educate and inform developers of the kind of codes that may introduce bugs and raise code quality.

DEFINE YOUR DEVOPS STANDARDS

A well-defined DevOps Standards will allow you to create quality gates for every code check-in before running tests and deployment. It saves your teams from repetitive, prone-to-error tasks while optimizing their development efforts. In enforcing certain DevOps Standards, it can also prevent your teams from cutting corners in the process, which is the major contributor to technical debt, thus, implementing exact DevOps Standards can maintain a high level of productivity and quality while ensuring excellent team morale and indirectly saving money for your organization.

SMOOTHER DEPLOYMENT PROCESS

You should consider utilizing containers to make deployments easier, containers are lightweight and portable and can simplify application development and deployment. A container orchestration tool like Kubernetes, automates container lifecycle in production, allowing your teams to focus on high-value tasks of refactoring apps. or lowering code debt.

APPLICATION PROGRAMMING INTERFACE (API) FIRST MODEL

The way application components communicate with one another is also critical in addressing technical debt, which can also be caused by different systems accessing services and data in ways that are unexpected to the team. If you implement APIs, it can make the interfaces more visible and increases the resilience of communications, due to bad links between different applications, an API-based model permits teams to make changes quickly without affecting the existing structure. In addition, any team that interacts with the service in question at a later date has a clearly defined set of expectations, as a result of this, it’ll be easier to roll out any changes/features with less technical debt.

Are you ready to make the most of your data to set your company up for success? Let Exist Software Labs, Inc. help you start your Data Maturity Journey today!

Philippines' Growth Champions 2023 Exist Software Labs Inc. Ensures Biz Success Thru Tailor fit Solutions, Java Developer Philippines
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Philippines’ Growth Champions 2023 Exist Software Labs Inc. Ensures Biz Success Thru Tailor fit Solutions
Philippines’ Growth Champions 2023 Exist Software Labs Inc. Ensures Biz Success Thru Tailor fit Solutions 650 486 Exist Software Labs

“People are the core of every business. Businesses are based on relationships, and relationships are based on people.”

This quote from businessman Marcus Lemonis was taken to heart by the men behind Exist Software Labs Inc. (Exist). Since 2001, Exist has been providing top global enterprises with cutting-edge technologies through consulting and software development. They have become a formidable development expert providing breakthrough solutions to verticals and domains in banking and finance, healthcare, retail, and energy industries.

Exist has also developed two home-grown software products including Anahaw, which brings retail businesses to the forefront of the game, and Healthcare solutions for hospitals and clinics.

MERX is a system to manage hospital information for more efficient operations. Medcurial has enterprise-grade clinic management and electronic medical records systems that ensure smooth transactions and boost the performance of telemedicine services.

Staying abreast of clients’ individual needs and creating IT solutions tailor-fit to their specific needs, Exist has helped top enterprises reach new peaks.

Its services include enterprise software development, mobile app development and management, offshore outsourcing, technology consulting, data solutions, QA and testing, and cloud development, deployment, and management services.

Philippines’ Growth Champions 2023:Exist Software Labs Inc. ensures biz success thru tailor-fit solutions, Java, Java Philippines

Exist Software Labs. Inc.: Service throughout the Pandemic

In 2020, just like any other business, Exist was taken off guard by the sudden disruption in business activities. Its core – its people and strong partnership with its clients – kept it going. Exist’s culture of continuous collaboration with its people and a solid commitment to its client partners showed the company’s resiliency during economic uncertainties, especially during the pandemic. The “Agile Culture” of Exist Software Labs Inc. led them to achieve their annual revenue goal and more.

“The success of Exist in the past years is because of your hard work and dedication,” Michael Lim, President, and CEO, told employees during a town hall meeting at Exist.

Three years later, Exist has increased its revenue year after year and expanded both its clientele and manpower. In this year’s Philippines Growth Champions 2023 of Inquirer and international research company, Statista, where the Top 25 companies with the highest revenue growth are recognized, Exist ranked 20th overall and, for its category, IT and Software, Top 5.

With over two decades of experience, Exist continues to help various companies reach milestones, even in large-scale projects, using modern application design and development, as well as providing world-class support. Clients can prove that the innovations they achieved collaborating with Exist have transformed them for the better and allowed them to build a sustainable advantage in their industries.

“The team at Exist has brought us several technology innovations over the last few years and we look forward to continuing to push the digital envelope with them,” said John Howard Medina, COO of PBCOM.

Exist Software Labs Inc. may have ascended to its current status as a reliable partner, but it plans to help even more businesses. It is ready to serve companies that need a complete revamp of their client IT infrastructure, API services orchestration, and software design; as well as those enterprise users who would like a software application that adheres to their current flow.

A leader in designing for systems integrations, Exist allows software applications from different departments to communicate with each other for better, more informed, and timelier decisions.

Exist’s solutions perfectly fit institutions with unique processes or those that want a competitive advantage; especially those who now find that, rightfully, building software is more flexible, designed to be more scalable through integrations, more secure, and more resilient than buying off the shelf (OTS).

Exist Software Labs. Inc. continues to live by its promise that there’s always a better way by empowering its business partners with innovative solutions and services that give them a competitive advantage by ensuring their individual needs are recognized and addressed with top-notch solutions.

SODEC JAPAN 2021 | Empowering Digital Transformation through DevOps and App Modernization. Java, Java Philippines
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SODEC JAPAN 2021 | Empowering Digital Transformation through DevOps and App Modernization
SODEC JAPAN 2021 | Empowering Digital Transformation through DevOps and App Modernization 768 487 Exist Software Labs

SODEC JAPAN 2021 | Empowering Digital Transformation through DevOps and App Modernization

Exist, a global consulting and IT solutions leader continues its pursuit to promote empowerment in Digital Transformation through DevOps and App Modernization with its participation in SODEC 2021 Autumn.

Software & Apps Development Expo (SODEC Spring) is Japan’s largest exhibition showcasing a wide range of products for the development, operation, and maintenance of software and apps. A large number of IT Enthusiasts from all around the globe visit SODEC every year to conduct business discussions with exhibitors.

The event was made possible by the Philippine Software Industry Association (PSIA), supported by the Philippine Government, the Department of Information and Communications Technology (DICT), and the cooperation of the Ministry of Trade and Investment of the Philippine Embassy in Japan and the Philippine Ministry of Trade and Industry’s Export Marketing Bureau (DTI-EMB). The 29th Japan IT Week 2021 Autumn was held at Makuhari Messe, Chiba, Japan, for three days, from October 27th to 29th, 2021

The recent outbreak of COVID-19 has enabled large-scale businesses to create remote working facilities and remote access of the workforce to their data; fortunately, many enterprises have succeeded in keeping an average to minimal decline in productivity.

Businesses from various industries have supplied all necessary infrastructure and security support to their clients and employees to maintain company continuity throughout this period. As a result of these circumstances, enterprises are accelerating their migration to modernized infrastructures and advancing their legacy systems and applications; This only indicates the increased demand for the service.

According to a new analysis published by Valuates Reports, “The global Application Modernization Services market size is projected to reach US$ 43350 million by 2027, from US$ 16200 million in 2020, at a Compound Annual Growth Rate (CAGR) of 15.1% during 2021-2027. Application modernization is the refactoring, re-purposing, or consolidation of legacy software programming to align it more closely with current business needs.”

DevOps, on the other hand, is expanding and integrating with numerous technological advances such as machine learning and AI, which will gain traction not just this year but also in the future.

“The global DevOps market exhibited strong growth during 2015-2020. Looking forward, the global DevOps market to grow at a CAGR of around 21% during 2021-2026.” – According to Businesswire research conducted in June of this year.

Exist will continue to innovate and provide comprehensive solutions through DevOps and Application Modernization as part of our mission to empower digital transformation.

Check out our products and services to learn more about how we can help your enterprise accelerate. Start your tech evolution journey now!

Application Modernization
EXIST showcases the importance of Application Modernization and DevOps at SODEC JAPAN 2021, Java, Java Developer Philippines
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EXIST showcases the importance of Application Modernization and DevOps at SODEC JAPAN 2021
EXIST showcases the importance of Application Modernization and DevOps at SODEC JAPAN 2021 768 487 Exist Software Labs

EXIST showcases the importance of Application Modernization and DevOps at SODEC JAPAN 2021

Companies that are striving to innovate their systems to adapt to the fast-changing business landscape continue to expand as demand for DevOps and App Modernization grows. With our end-to-end IT solutions and services, Exist can help you plan and implement your digital journey to meet evolving client demands, regulatory changes, and global market opportunities in today’s digital economy.

Today as part of Japan’s Autumn IT Week 2021, Exist participates in the Software and App Development Exhibition (SODEC) in Makuhari Messe, Chiba, Japan. With the support from the Department of Information and Communications Technology (DICT); and the cooperation of the Ministry of Trade and Investment of the Philippine Embassy in Japan, and the Department of Trade and Industry, along with the Export Marketing Bureau.

Exist Software Labs will share their knowledge and skills in giving current solutions to the dynamic changes in the business relating to DevOps and App Modernization via a video confirmation system. 

Don’t miss out! Know more about how you can modernize your system, improve efficiency and compete at a global scale with confidence. Be sure to drop by our booth at Japan IT Week SODEC 2021 at Makuhari Messe, booth number 31-49, which will be open from 10:00 a.m. to 5:00 p.m. JST until October 29, 2021.

We want to meet you in SODEC 2021!

Application Modernization
DevOps
Exist Heads to SODEC Japan 2019, Highlights the Value of DevOps. Java, Java Philippines
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ExistがSODEC Japan 2019でDevOpsの価値をハイライト/
ExistがSODEC Japan 2019でDevOpsの価値をハイライト/ 768 487 Exist Software Labs

グローバルコンサルティング＆ITリーダーであるExistは5月8日～10日、SODEC Japanに参加し、そのITソリューションおよびサービスを包括するデザインをご提供します。

Japan IT Week春の中でも最大の展示会の一つであるソフトウェア＆アプリ開発展（SODEC）はソフトウェアおよびアプリの開発、運用、そしてプロジェクト管理等を扱った日本最大級の展示会です。

Exist社長兼CEOのMichael Limは、「PSIA、DICT、およびその他のフィリピンの参加企業と共に、SODECに再出展し、日本企業とのコラボレーション、パートナーシップの機会がさらに広がることを楽しみにしています」と語り、「日本の組織がグローバリゼーションに直面し続けているため、Existはビジネスのデジタル化を加速することを可能にするために、すぐに利用可能で最高のIT人材群を提供できると信じています。」と提言しました。

イベント期間中、Existは、お客様のデジタルジャーニーを適切に変化させ、導くために必要なアジャイルおよびDevOpsの価値をご提案します。ブースでは、Existの専門担当者が日本でDevOpsを実装する上での課題についてお話し、それらの課題をどのように解決していくかについて、ご提案します。ビジネスアジリティを促進するために、DevOpsの導入価値についての詳細なご説明は、展示会ブースにてExistチームが、さまざまなケーススタディやお客様の成功事例を交えながら、お話することも可能です。

「今日の複雑な事業環境においては、DevOpsの有効活用は、迅速なイノベーションを可能にするために必要不可欠です」とマイケルは語り、「貴社がDevOpsジャーニーを始めたばかりであれ、次なるステージに進もうとしている段階であれ、Existは新しいレベルの自動化や有効性を実現するために必要なツールや戦略を提供し、貴社顧客により大きな価値を提供します。」と提言します。

Existがイベントにおいて展示するものは他にも、テクノロジー・コンサルティングやソフトウェア開発、自動化ソフトウェアテスト、APIインテグレーション、ビッグデータ解析、ブロックチェーン及びモバイルアプリ開発、Anahaw（POSソリューション）、そしてMedcurial（ヘルスケアソリューション）などがあります。

「DevOpsの導入は拡張頻度、マーケットリリースへの時間の短縮、そして継続的提供を実現し、品質を向上させるなどの影響を及ぼす、画期的な変化をもたらします。」とマイケルは提言します。「世界有数のクライアントにDevOpsを導入させてきた経験とオープンソースやテクノロジーへの専門知識をもって、日本企業が現在のデジタル・エコノミーにおいて変化し続ける顧客要望や規制への変更。そして国際的なマーケット参入をするためにDevOpsジャーニーを計画、導入する支援をするには弊社を選択することが最適と言えるでしょう。」とマイケルはご概案します。

ExistチームとのSODECでのミーティングの事前登録は： https://exist.com/sodec2019/.

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