Bank Degroof Petercamis mainly active in private banking and asset management for private and institutional clients and is also active in the field of corporate finance offering a full range of financial advisory and financial engineering services. Bank Degroof Petercam is present in Belgium, Luxembourg, France, Switzerland, Spain, Netherlands, Germany and Italy with more than 1,400 employees.
With the market move toward open banking and opportunities therein, the bank had identified a need to provide sandboxing capabilities for APIs, for customers and partners alike. Their existing product and technology teams didn’t have the bandwidth or experience to create a professional and secure sandbox environment.
Development
Bank Degroof Petercam needed a sandbox environment to provide their early adopter customers and partners with a secure and functional space. Cyrex was delighted to respond and was able to deliver a proof of concept quickly, following which a solution was customised and deployed in time and budget, including deployment and integration of a leading API Gateway.
The sandbox/staging environment is an ideal tool for partner and customer developers to access services via APIs and safely test them with mock data, which does not impact production. The sandbox environment is a building block in Bank Degroof Petercam’s digitalisation and API strategy – Cyrex supported this first step of API foundation integration and engineering services with the Bank’s technical teams. The sandbox environment was a major win for both Bank Degroof Petercam and Cyrex.
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