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Breaking digital silos in banking & beyond: Chakray & WSO2 integration solutions

WSO2 in banking

In an era where seamless connectivity defines competitive success, Chakray, a global leader in integration services and a strategic WSO2 partner, empowers organizations to dismantle digital silos, modernize legacy systems, and unlock innovation. Focused on high-stakes sectors like banking, telecom, and government, our solutions bridge the gap between outdated infrastructures and tomorrow’s agile, API-driven ecosystems.

 

Why integration matters in central Asia’s digital revolution

Central Asia’s banking sector—spanning Kazakhstan, Uzbekistan, Azerbaijan, and Kyrgyzstan—faces urgent challenges: siloed legacy systems, cybersecurity vulnerabilities, regulatory pressures, and a shortage of skilled IT talent. According to the World Bank (2022), fragmented core banking systems hinder real-time services, while Kaspersky Lab (2023) highlights rising cyber threats targeting outdated security frameworks.

 

Key challenges in central Asia:

  • Legacy System Fragmentation: Obsolete IT architectures block fintech partnerships and delay digital banking rollouts.

  • Cybersecurity Gaps: Outdated infrastructures expose institutions to breaches, per AzerNews (2023).

  • Regulatory Compliance: Rapid adoption of open banking (PSD2) and data privacy laws (GDPR-inspired frameworks) demands agile upgrades.

  • Talent Shortages: Limited expertise in API management and cloud integration slows digitalization (Asian Development Bank, 2021).

 

Chakray & WSO2: Your strategic integration partner

Chakray leverages WSO2’s open-source integration platform to deliver scalable, secure, and future-proof solutions tailored to Central Asia’s unique needs.

 

Our WSO2-powered services:

  • API Management & Monetization: Streamline API exposure and governance with WSO2 API Manager, enabling secure fintech collaborations.

  • Legacy System Modernization: Integrate core banking systems via APIs—no costly replacements required.

  • Identity & Access Management (IAM): Deploy WSO2 Identity Server for SSO, multi-factor authentication, and identity federation.

  • Open Banking Compliance: Accelerate PSD2 and ISO 20022 adherence with pre-built regulatory modules.

  • Hybrid Cloud & DevOps: Ensure resilience with Kubernetes orchestration and CI/CD pipelines for rapid deployment.

 

Industries we serve

  • Banking & Finance: Enable secure digital banking, instant payments, and open banking compliance.

  • Telecom: Integrate BSS/OSS systems for seamless subscriber experiences.

  • Government: Digitize citizen services and streamline cross-agency operations.

  • Retail & Logistics: Optimize supply chains with real-time data exchange.

 

Beyond technology: Driving growth & resilience

Integration isn’t just technical—it’s strategic. Chakray’s solutions unlock new revenue streams through API monetization, fortify cybersecurity postures, and ensure compliance with zero downtime. For Central Asian banks, this means faster time-to-market for mobile wallets, instant lending platforms, and cross-border remittance solutions.

 

Ready to transform your digital ecosystem?

Partner with Chakray to future-proof your operations with WSO2’s cutting-edge integration platform. Explore case studies, whitepapers, and success stories at chakray.com—or contact us today for a tailored consultation.