One of the largest global retail banking institutions.
One of the largest global retail banking institutions.
For the modern consumer, digital-first experiences are a must. Business and personal users all expect to be able to manage their financial products online, wherever they are.
The challenge doesn’t end there. Successful businesses have to be agile and adapt fast to changes and new directions. Legacy monolithic architectures may hinder this agility, as large and complex systems are difficult to change.
To meet their customers’ expectations, our client decided to modernize one of their key systems. They wanted to innovate faster, scale smarter, and keep their services running smoothly at all times. They decided to refactor the system architecture to microservices to make it more agile and enable the fast introduction of new features.
The new product was meant to enable digitization and easier maintenance of credit-related processes and features, such as designing credit schedules. Our task was to modernize the application to improve its stability and introduce new functionalities.
Migration to microservices is not without its challenges. One of the main issues is the increased complexity of managing a distributed system, as microservices are independently deployed and require robust communication mechanisms. This can lead to challenges with monitoring, debugging, and troubleshooting. Our QA team worked on standardizing these processes to simplify them for the future and minimize any errors.
Managing the deployment and scaling of multiple services can be challenging, as it can cause increased operational overhead. This is where our expertise in implementing a robust DevOps approach and infrastructure planning shone through. We addressed these issues through careful planning, thorough testing, and careful management.
The journey to microservices was a massive step forward for the company, allowing it to stay competitive and innovative. And the results speak for themselves:
But perhaps the biggest win wasn’t technical at all. The shift created a more collaborative, innovation-friendly environment where teams could innovate and act fast.
The transition to microservices became a technological upgrade and a business transformation that positioned our clients for whatever comes next in the volatile financial sector. Now, that’s what we call future-proofing!