Customer Experience

Axway is a finalist with Commerzbank in Technology Product Awards 2022

Axway is a finalist with Commerzbank in Technology Product Awards 2022

We are delighted to be shortlisted for the category ‘Customer Project of the Year’ at the 2022 Computing Technology Product Awards with Commerzbank AG. The Technology Product Awards reward technology talent, with categories ranging from security and cloud computing to AI and infrastructure, as well as showcasing impressive innovations and inventions that deserve industry-wide praise. The winner is selected by a general vote among IT leaders.

“Customer Project of the Year” is awarded to the customer project that best demonstrates the benefits of well-managed IT implementations and collaboration between vendor and customer. The winner will demonstrate innovation, management quality (i.e. was the project completed on time and in budget?) and impact.

Today’s customers want banks that deliver tailored services, 24/7, via digital channels. To remain competitive, Commerzbank needed to open-up to the wider financial services ecosystem, and therefore it needed an open API-infrastructure.

Axway’s Amplify API Management platform is key to unlocking the digital ecosystem; providing enterprises with means of automating and advancing digital transformation. For this reason, Commerzbank chose Axway to enable the reimagining of its banking workflows from the perspective of the end customer through an API-powered architecture that could support new, open services.

Axway & Commerzbank teams during filming of a customer story video.

With a solid basis for digital innovation and development support of data-driven services for internal and external stakeholders, Commerzbank has developed over 150 strategic APIs. This includes core capabilities like authentication and authorization, payments, and account-level data sharing — supporting new applications for clients and laying the foundation for API monetization.

Key benefits:

  • Cloud strategy, security guidelines, and central monitoring – all enabled through the Amplify platform
  • Build customer-facing services faster with an 80% reduction in development effort
  • Create opportunities for API monetization, unlocking additional revenue streams
  • Global compliance certifications address security needs for Open APIs
  • Future-proof with API capabilities that can expand to forge new FinTech partnerships that enhance customer services

“From the very beginning, Axway has been a true strategic partner to Commerzbank. We know we can count on Axway to help us build and refine a new generation of customer-centric services.”- Christoph Berentzen, Head of API & Open Banking at Commerzbank.

Voting for the 2022 Technology Product Awards is officially open, and will run through Friday October 21st.

Vote for Axway and Commerzbank to show your support!