Financial platform for online banking

Industry: FinTech

Services & Expertise: Platform Development | QA| Dedicated Team
Business needs
The client is an online bank that has been certified by PCI SSC 3.0 and provides lightning-fast cross border money transfers.
The goal was to run the online bank which in the initial stages be able to serve 200,000 customers per day and automatically scale to millions of customers without additional development activity.
The challenges



The main challenges we dealt with were banking software crush at the simultaneous operation of only 500 clients along with hackers and DDOS attacks susceptibility.
01
The internal software development department lagged for 6 months with the delivery deadlines.
02


The customer retention rate decreased due to the lack of effective customer support.
03
Case study

Solution

Due to the skilled development team, it was made possible to turn the MVP of an online bank into a sustainable, secure and scalable financial platform.

To reach the client's goals we:

  • Designed IT solutions for a sustainable online bank operating.

  • Migrated from an outdated, unsupported open source a framework to a supported, commercial one.

  • Deployed the system using a number of Amazon Web Services

  • Brought progressive practices into the software development process.

  • Implemented Zendesk and Binotel in customer support centers.

Business Impact
The upgraded solution allowed serving up to 1 million customers per day without loss of quality and ensured compliance with industry-standard safety standards.
6 months
The system released to production 6 months earlier.
+150%
The сustomer's retention rate increased by 150%.
+3000
The developed product is ready to server 3000+ customers per second and operates with a high level of reliability.
Discover our works
We have successfully delivered high-quality software across industry 4.0 businesses–from manufacturing and on-demand companies to education and healthcare. Find out how we drive our clients' challenges.