Case Study: Silver.Net modernizes payments automation with Magic Software’s Angular-based Magic xpa

Angular-based Magic xpa Enables SilverNet to Develop a New Version of its Flagship Solution for Managing Payments in Israel’s Largest Insurance Company

SilverNet Financial Systems, a leading provider of banking and financial management applications, was commissioned by Migdal — Israel’s largest insurance company — to build V.Payment, an organizational application to fully automate payments and accept payment instructions from any ERP as part of Migdal’s digital transformation.

Using Magic xpa with an Angular front end, SilverNet converted its original system into a full-stack, low-code solution that preserved existing business logic and connectivity while accelerating development and allowing programmers to focus on UI and design. The deployed solution now handles hundreds of daily transactions, securely integrates with multiple systems (including SilverNet’s V.Finance), delivered faster time-to-market and greater operational transparency, and has already been adopted by other large customers.

Silver.Net

Iris Gefen

Deputy Chief Executive Officer