The Challenge
Bolsa OTC Brasil, in collaboration with Bradesco, aimed to conduct the first tokenization transaction approved by the Central Bank of Brazil. The project involved issuing a Bank Credit Bill worth R$10 million (USD$2 million). Ensuring the security, quality, and regulatory compliance of this innovative financial operation was critical.
The Solution
e-Core assisted in the migration to AWS, ensuring the quality and security of the codes used. We conducted “White-box” tests, mitigated security breaches, and ensured the project adhered to AWS Well-Architected Framework best practices. Our involvement guaranteed effectiveness within the regulatory sandbox of the Central Bank and timely project delivery.
Impact
- Significant Financial Innovation: The project marked a significant milestone in financial innovation for Bolsa OTC Brasil and the Brazilian banking sector.
- Regulatory Compliance: Ensured compliance with the Central Bank of Brazil’s regulatory sandbox.
- Secure and Quality Code: Maintained high security and code quality standards through rigorous testing and best practices.
- Timely Delivery: Achieved project goals within the set timeline, ensuring effective implementation.
Safeguard financial services amid economic headwinds.
Achieve operational excellence and regulatory compliance while ensuring efficiency, resilience, and security.
