Iris Software will participate in the exclusive, attendance-capped, annual Leadership Summit hosted by the NC Tech Association, along with its board of directors and advisors, on August 7 & 8, 2024. Our representative, Senior Client Partner, Michel Abranches, will be among the executives gathering for the Summit, at the Pinehurst Resort in Pinehurst, NC, to network and discuss a variety of topics relevant to tech leaders and the projects and associates they manage.
The theme of this year’s summit is Adaptive Leadership. The event includes keynote addresses, executive workshops, and two panel discussions on ‘Why digital transformation is more about people than technology’ and ‘Building resilient tech teams: the power of emotional intelligence.’
As a technology provider to Fortune 500 and other leading global enterprises for more than 30 years, Iris is a trusted choice for leaders who want to realize the full potential of digital transformation. We deliver complex, mission-critical software engineering, application development, and advanced tech solutions that enhance business competitiveness and achieve key outcomes. Our agile, collaborative, right-sized teams and high-trust, high-performance, award-winning culture ensure clients enjoy top value and experience.
Contact Michel Abranches, based in our Charlotte, NC office, or visit www.irissoftware.com for details and success stories about our innovative approach and how we are leveraging the latest in AI / Gen AI / ML, Automation, Cloud, DevOps, Data Science, Enterprise Analytics, Integrations, and Quality Engineering.
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Get in touchComprehensive solutions with seamless system integration
Agile, feature-rich and scalable API platforms to stay competitive, secure and compliant
Comprehensive solutions with seamless system integration
Agile, feature-rich and scalable API platforms to stay competitive, secure and compliant
Service Offerings
Value We Provide
Enabling Secure, Scalable and Resilient Operations
Our expertise and domain knowledge enable us to create agile platforms that deliver value across multiple parameters
Versatile Systems with Seamless Optimization
Our tech teams create holistic solutions that can be adapted across business volumes, regions and environments
Flexibility to Maximize User Experience
Our nimble approach allows clients to customize user features from smooth customer on-boarding to intuitive dashboards and complete life-cycle management
Success Stories
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Anti-money laundering software saves $1M
Client
A top 5 global bank
Goal
Create a unified platform for anti-money laundering functions, analytics, and compliance implementations
Tools and technologies
Angular 5, Java, Open Shift, and DevOps
BUSINESS CHALLENGE
The client expanded its fraud and anti-money laundering (AML) monitoring functions, involving multiple lines of business and 15,000 employees. The scaled system led to the lack of standardization of frameworks and resultant adoption of disjointed, manual-intensive, and high-cost AML technology. The ongoing disconnect hindered the efforts of automating, consolidating; and implementing AML functions, enterprise analytics, and regulatory compliance efficiently throughout the organization.
SOLUTION
Iris optimized existing operations and technology investments by developing and implementing a unified point of access for the discrete AML functions, featuring micro-front-end architecture. Engineered to be horizontally scalable through containerization with common authentication and authorization gateways, the single user interface (UI) allows onboarding and control of multiple extended AML functions, including visualization of metrics.
OUTCOMES
- Hassle-free transition from multiple to a single UI
- Unified, streamlined user experiences with more effective sessions
- Creation of standardized deployment procedures for AML rules and applications
- Saving of nearly $1M on infrastructure costs
- Reduced infrastructure maintenance time
- Frictionless migration of applications to the cloud
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Get in touchHow to transform your risk reporting mechanisms
Client
The client was a brokerage firm with a strong presence in the capital markets.
Goal
Improve risk reporting and calculations.
Tools and technologies
Dot Net, C#, Greenplum, JUX Proprietary Framework and HTML5.
BUSINESS CHALLENGE
SOLUTION
OUTCOMES
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Get in touchData consolidation speeds up drug search
Client
A U.S.-based pharmaceutical multinational corporation.
Goal
Reduce turnaround time for APRs (Approval for Product Release).
Tools and technologies
Amazon’s AWS OPCx, Webmethods, natural language processing (NLP), neural networks, and Python programming
BUSINESS CHALLENGE
In pharmaceutical R&D, data is generated from several sources: the process, patients, retailers, and caregivers, among others. Pharmaceutical R&D organizations that use the traditional way of creating APRs manually consolidate paper specifications into binders across all R&D functions.
Specific regional rules, compliance mandates, and external regulations were slowing down the client’s workflow.
The many spreadsheets in multiple formats were leading to errors from manual entry and duplication of data — the inevitable “swivel effect” that results from data being pulled out from disparate, unconnected software packages.
Iris was approached to improve the process of collecting and using data from multiple sources; the improvement would help the client identify and develop new potential drug candidates faster.
SOLUTION
Iris’s team of 12 specialists designed, developed, tested, and deployed a cloud-based application that integrates data from multiple regions and eight different systems into a single, unified interface for the client’s users. Our application unified the creation and management of the client’s workflows across its lines of business and 20 different product families.
The development environment included Amazon’s AWS OPCx; Webmethods; natural language processing (NLP); neural networks; and Python programming.
OUTCOMES
Within a year of the application’s release, 2,800 users were using the application, with 55% of APRs turning around in 10 calendar weeks or less. Thanks to the in-memory data grid, the response time of transactions across the board has been brought down to nearly 2 seconds.
The cloud-based application developed by Iris ensures that data is automatically and seamlessly shared between systems that were previously stand-alone and required the tedious manual entry of data.
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Get in touchReal-time tracking of a global container fleet
Client
A diversified global business group with a strong presence in maritime services.
Goal
Real-time tracking of a global container fleet.
Tools and technologies
Microsoft Azure, Node JS, C#, Bootstrap, and HTML5.
BUSINESS CHALLENGE
The pandemic has made it critical for transportation and logistics firms to manage their assets (or fleets) more efficiently.
Demand is high for real-time asset tracking and tracing solutions. For the marine services business of our client, real-time management of a global fleet of containers required continuous, global tracking.
Tracking the container fleet and meeting compliance requirements was laborious and error-prone, often leading to delays and lost opportunities. The client also did not have a mechanism to track customer usage of pay-per-use containers.
We were tasked with creating multi-tenant based cloud application that would be optimized for cost and yet not compromise the user experiences of customers and field teams.
SOLUTION
Our decade-long experience in radio-frequency identification (RFID) helped us address this challenge. Our information engineers, UX designers, solution architects, and business analysts worked onsite with the customer to test scenarios and create a new architecture along with new user experiences and interfaces.
We built the solution using the latest Microsoft Azure cloud services and BizTalk and RFID middleware for an integrated framework involving multiple customers (tenants) and services.
An offshore team engineered the new application with the capabilities sought by the client; the architecture team helped create new systems and environments for development, quality assurance (QA), user acceptance testing (UAT), and production. The solution was capable of handling large amounts of streaming data with the help of edge services located near-site. Customized workflows captured container movement within each site, while GPS services tracked container movement across the globe.
The application, which was deployed well within the scheduled deadline, enables post-production maintenance and enhancements from our offshore center.
OUTCOMES
We engineered real-time tracking and tracing for the client’s global container fleet, with map support and enhanced personalization for users based on location and asset class. Responsive design ensured that the application could be seamlessly used across various devices.
Our experience with RFID and cloud-based engineering helped us anticipate and prepare the scenarios well in advance so that solutions could be delivered to the client fast. This significantly reduced the time for the client to prepare cost and compliance status reports, and location-based dashboards for KPIs.
The near-real time tracking of containers reduced the time to calculate exact container usage and certificate status from days and hours to a few minutes.
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Get in touchA legacy portfolio gets a makeover
Conquering the cloud
Iris developed a multi-device mobile ticketing and permitting application that seamlessly integrated with local government systems using cloud technology for more efficient law enforcement.Conquering the cloud
Iris developed a multi-device mobile ticketing and permitting application that seamlessly integrated with local government systems using cloud technology for more efficient law enforcement.Conquering the cloud
Iris developed a multi-device mobile ticketing and permitting application that seamlessly integrated with local government systems using cloud technology for more efficient law enforcement.Title
Title
Title
Client
The client is one of the Big Four advisory firms.
Goal
Modernize the legacy application to meet growing business needs.
Tools and technologies
MS SharePoint, MS .Net and MS SQL Server.
BUSINESS CHALLENGE
- Lack of integration: Most of the integration with upstream and downstream systems was manual, resulting in common data getting obsolete quickly.
- The client was finding it difficult and expensive to hire and retain resources to maintain the legacy apps.
- The legacy system was prone to security breaches and couldn’t be deployed on the enterprise-level stack.
- The existing system supported only single-user applications, and it wasn’t possible to roll them out to multiple users.
SOLUTION
- Upgraded the technology stack for the application(s) to lower maintenance costs, improve efficiency and meet growing business needs.
- Used an in-house technology modernization framework to reduce development and maintenance costs.
- Consolidated applications that were doing similar tasks and had similar features and modernized them.
- Retired applications, whose features were available through other applications.
OUTCOMES
- With the legacy modernization and application consolidation process, we reduced the client’s application portfolio from 45 applications to less than 10.
- Reduced the resources required for maintenance from six to two.
- The framework-based approach accelerated time-to-market, a critical differentiator for the client.
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Anti-money laundering software saves $1M
Global bank overcomes AML monitoring challenges and saves $1M in infrastructure costs with a unified front-end.
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A future-ready risk reporting platform helped a leading brokerage firm improve its user interfaces and lower costs.
Data consolidation speeds up drug search
A pharmaceutical company improved turnaround time for APRs and automated manual work.
Contact
Our experts can help you find the right solutions to meet your needs.
Get in touchAn agile sprint for financial data
Client
Among the world’s largest manufacturers of sportswear, the client sells its products in more than 120 countries and employs more than 13,000 people.
Goal
To significantly reduce turnaround time and ease associated with report creation.
Tools and technologies
Microsoft SQL Server’s Analysis Services (SSAS), Microsoft SQL Server Integration Services (SSIS), Microsoft SQL Server Reporting Services (SSRS), Boomi AtomSphere, and Power BI.
BUSINESS CHALLENGE
SOLUTION
OUTCOMES
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Platform re-engineering for operational efficiency
A leading brokerage bank improved operational efficiencies with data extraction platform modernization.
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Get in touchA playbook for banks on managing M&A integration
Client
Banks that have merged or acquired new businesses.
Goal
Manage migration and integration complexity post M&A.
Tools and technologies
The Iris business acquisition playbook for banks.
BUSINESS CHALLENGE
Solution
- Consolidate multiple acquisition playbooks to create a single standardized framework for their lending business
- Define insourcing steps for business and technology teams and create a migration strategy with quantifiable recommendations and a reusable checklist for insourcing activities.
- Assess capability and readiness and help them choose from insourcing options:
- Achieve full migration of data and systems
- Achieve partial migration of systems and data migration and integration
- Manage data integration and connectivity for lending business.
Outcomes
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Gen AI-powered responses enhance the operational efficiency of the AML global product assurance team and reduce cost.
Automated financial analysis reduces manual effort
Analysts in commercial lending and credit risk units are able to source intelligent information across multiple documents.
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Get in touchAn API ecosystem expedites customer onboarding
Client
The client is a leading logistics and transportation services provider, ranked among the top 10 in the world.
Goal
Rapid onboarding of partners and customers; improve customer experience.
Tools and technologies
Azure, Dell Boomi APIM and oAuth 2.
BUSINESS CHALLENGE
The growing volume of business required the client to respond faster to market demands. On their current systems, it was a challenge for the support staff to onboard new clients and service their requests.
The client needed a solution that would help it respond quickly to diverse business needs, including:
- Last mile shipment tracking and alerts across carrier networks
- Quotes for multiple shipment options
- Special fulfilment orders
- Order personalization for seasonal surges
SOLUTION
We proposed and developed a comprehensive API layer that allowed customers and partners to access client systems using APIs.
Customers and partners could easily track shipments and get quotes on their own. This reduced the need for support personnel to service routine requests. The team configured these APIs on Boomi’s API Management to enable seamless real-time integration.
OUTCOMES
- Improved onboarding speed: 20+ partners per month
- Enabled client to handle large volumes of requests, with a service capacity of 35,000 API requests a day
- Improved customer experience through real-time rates and quotes
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Anti-money laundering software saves $1M
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Our experts can help you find the right solutions to meet your needs.
Get in touch