Hello, I am
Sowbhakian E S
Software Engineer at Finastra via Thoughtscrest with 3+ years of experience in core banking and FinTech. Specialized in Java, Spring Boot, REST API, SQL, and Backend Development with expertise in Fusion Essence. Proficient across multiple banking modules including CASA, Lending lifecycles, Collateral, and Commitments.
Qualifications & Skills
Core Tech Stack
APIs & Web Services
Databases
Tools & Platforms
Domain & Methodologies
Key Achievements
Led multiple onsite technical workshops and hands-on training sessions for bank IT teams during Fusion Essence implementation, enabling faster system adoption and reducing post-go-live support dependency.
Collaborated onsite in Zimbabwe for four months to implement the Fusion Essence Core Banking System for ZB Bank, providing end-to-end go-live and post-go-live support.
Projects Experience
Awash Customization & Workshop
Awash International Bank- Enhanced existing customization (Green Pin Mapping) by introducing a new notification type as a dropdown in the customized screen to support the CRED operation. Additionally, updated the Extract batch to accommodate the newly added dropdown and ensure its inclusion in the extracts.
- Conducted an in-depth workshop and training session on the Workbench, focusing on development of new menu processes, batch processes, and exploring features available in Fusion Essence to meet client expectations.
BDB Customization
Banco do BrasilThe client requested a custom trigger to capture a record of party details that have been amended or updated in the UDF fields. Developed a custom trigger on the ABC table that specifically identifies party-related rows and transfers the relevant records to the XYZ table.
RCL Development
UB Core TeamTCL introduced a new module called Revolving Credit Limit (RCL) in version 5.5X. Contributions include:
- Developed an API to update billing details.
- Created JavaScript for the loan variation screen to dynamically enable or disable fields.
- Developed and implemented the "Charge Accrual Feature".
- Modified charge collection from real-time to accrual-based for RCL product.
- Updated the "Account Closure" process flow for RCL support.
Lending Core Development
UB Lending Core Team- Added a new charge basis "Loan Repayment Amount" in UB Charges module for scheduled charges during loan establishment and amendment.
- Developed "Repayment Adjustment Details" configuration in loan amendment screen with CRED operations support for subsidy waivers.
Tonik Customization
Tonik BankImplemented EIR/MIR calculation for newly established loans with revised schedules and amortization transfers:
- Charges Amortization Configuration — Enable charges amortization for loan subproducts.
- EIR/MIR Calculation Process — Batch process to generate new schedule with EIR and MIR.
- EIR/MIR Recalculation Process — Recalculate for loans with holiday repayment.
- Charge Amortization Process — Amortize from suspense to P&L account.
- EIR/MIR Enquiry Process & API — User-friendly enquiry and API for schedule details.
FIB Customization
FIB Frankfurt International BankDeveloped three customizations:
- Party ID Generation — Custom ID format using core ID generator with JavaScript manipulation and wrapped API.
- KFW Refinance — Batch process for automatic rate changes that reverts after first interest application date.
- KYT — Custom adapter for third-party compliance validation API, auto-rejecting or approving transactions in FPM.
ZB Bank Implementation
ZB BankImplemented the product by identifying and addressing gaps between business activities and product functionality. Ensured seamless integration, customized the system to client needs, and provided support during testing cycles and go-live phase.