In 1999, Neptune embarked on the development of Rubikon having identified the need for a banking solution with the capacity to break virtually all barriers in banking technology, taking into consideration the need for banks to improve operational efficiency with increased automation and without compromise to performance or scalability.
The successful development of the new generation technology was deemed a major feat and was likened to the breaking of the barrier by Julius Ceaser and his army when they crossed the Rubicon river to stage a civil war against Italy and Rome; hence the name “Rubikon”.
Rubikon was consciously designed to cross virtually all banking operational hurdles thus enabling the standardisation of a number of different technologies to create a robust platform for building distributed, multi-tier banking application.
Rubikon as a new generation banking solution is designed to deliver an industry specific, closely coupled, business-oriented and collaborative framework for financial services. Its unique Financial Service Oriented Architecture (FSOA) facilitates rapid incremental deployment; either as a complete universal banking system or a series of special-purpose applications that collaborate with the existing infrastructure to deliver new products or services, addressing new channels to market or streamline currently inefficient or high-risk processes. This approach allows banks and financial institutions to achieve accelerated returns on investment and gain competitive advantage.
The Rubikon technology platform is 100% Java, built on Service-Oriented Architecture (SOA) and based on J2EE technology. One of the most significant initiatives in its development is the adoption of the SOA; aligning IT assets to business services in a standard, flexible, and architectural fashion.
The use of J2EE enables the standardisation of a number of different technologies to create a robust platform for building distributed, multi-tier enterprise applications. In addition to an online, real-time general ledger, Rubikon supports high-volume transaction processing and provides embedded workflow management.
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