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Eurobank Deploys Nirvana To Streamline Loan, Credit Card Process

Eurobank, a Greece-based financial services firm, has deployed Nirvana solution from My-Channels, to streamline all incoming consumer loans and credit card applications.

Nirvana, a single, low-latency product that fulfills an organisation’s external real-time middleware needs, is developed from the outset to bridge the divide between internal data and external clients.

The solution provides advanced transactional and flow control semantics between the online application website, the back office and the Altamira core banking system.

Additionally, applications in need of credit reference checks are transmitted in real time to Tiresias, the Greek inter-bank credit reference authority and results are asynchronously added to the back office.

Antonis Karras, IT operations manager at Eurobank, said: “Thanks to the high performance and ultra low latency that Nirvana delivers, we are able to ensure that credit agents have all the information required to provide a timely application decision, while enjoying unique load balancing and prioritisation functionality for our applications.”

My-Channels is a provider of unified enterprise, web and mobile middleware.