Introduction
SEB, a prominent financial services group in northern Europe, recognized the need to enhance their API infrastructure to improve digital service delivery, reduce costs, and accelerate time to market. By investing in a modern API platform, they aimed to streamline processes and foster innovation.
Need for Transformation
With a sprawling legacy system and increasing competition, SEB needed to modernize its approach to delivering financial services. They required a more efficient way to manage internal and external APIs, automate deployments, and enhance security across services.
Choosing the Right Platform
After evaluating various solutions, SEB selected Kong’s API management platform for its scalability, flexibility, and robust features. Kong’s platform provided SEB with the necessary tools to unify their API management, improve collaboration, and gain greater control over their API ecosystem.
Implementation Strategy
The implementation involved restructuring existing workflows and integrating Kong’s platform with SEB’s current technology stack. This strategic move required coordination across various departments to ensure seamless transition and minimal disruption to existing services.
Benefits Realized
SEB’s investment in a modern API platform led to substantial improvements in operational efficiency. The company reported faster time to market for new services, reduced operational costs, and enhanced security measures. The centralized management of APIs allowed for better collaboration among teams and streamlined workflows.
Innovations and Future Plans
The new platform enabled SEB to innovate rapidly and introduce new products and services more efficiently. Moving forward, SEB intends to leverage the capabilities of Kong’s platform further to enter new markets and adapt to changing customer demands swiftly.
Conclusion
SEB’s strategic investment in upgrading its API infrastructure has positioned the company as an agile and competitive entity in the financial services industry. By utilizing Kong’s technology, SEB successfully reduced costs and accelerated its time to market, setting a strong foundation for future growth.
View the original article here: https://konghq.com/blog/enterprise/seb-customer-story
