The Scientific Institute of Innovation and Applied Technologies (Incita) is developing the first international core banking research project, centralized and managed through cloud computing.
The company Incita, partly-owned by Corporación Caja Navarra, will carry out a research project whose goal is to develop the first core banking service using cloud computing.
This is a new computerized model in the information technologies industry, known as the revolutionary computerized system in IT. This research project is based on comprehensive and centralized banking services, which foreseeably will cause drastic changes in the conventional model of financial technology.
Incita’s management expects that all productive systems in the market will be incorporated into the new model, thus transforming the way that companies operate. Further, with its use companies will cut costs associated with maintaining infrastructures related to traditional core banking. At the same time they will improve the efficiency of banking management.
Also collaborating in the project are S21sec (a company specialized in digital security products and services) and Abast (a comprehensive supplier of services).
Incita is an independent supplier of solutions in the field of information technologies applied to business efficiency. It is a pioneer in research and innovation for solutions based on web semantics.