Banko di Seguro Sosial (Bank of Social Security) is based out of Curaçao Island, a country under the sovereignty of the Netherlands. Sociale Verzerkingsbank (SVB) upholds its social responsibility to ensure a sustainable social security system for all its fellow citizens. The bank caters to the government and performs executive functions dealing with insurance policies against health, old age, accidents, and unemployment.
The bank digitized its internal and external processes with the help of an internal IT team with legacy expertise. These mission-critical applications covered a gamut of operations that SVB catered to. SVB used WaveMaker’s low-code platform to modernize as well as create new applications based on legacy applications. SVB’s lean team of developers was able to transition from the Microsoft framework to Java low-code effortlessly. As a result, they rolled out 6+ mission-critical applications in a span of mere months.
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