Modernizing a Core Banking Platform for a Top-Tier FinTech Firm, Reducing Costs by 40%
Industry Financial Technology (FinTech)
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$10B+ Client Revenues
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12+ Successful Years
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1000+ IT Ninjas
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5000+ Projects
The Developers.dev team was exceptional. Their deep knowledge of microservices and their CMMI 5 process gave us the confidence to undertake this mission-critical project. They delivered a secure, scalable platform that has positioned us for the next decade of growth.
VP of Platform Engineering
A global financial services company with over $2B in annual revenue, providing payment processing and core banking solutions. Their flagship platform was built on a monolithic Java architecture, making it slow, expensive to maintain, and difficult to update.
The client's legacy platform was hindering their ability to compete with nimble, cloud-native startups. High infrastructure costs, slow feature deployment cycles (6-9 months), and a growing risk of security vulnerabilities were threatening their market leadership.
We proposed a phased migration strategy using our Java Microservices Pod and DevSecOps Automation Pod. The solution focused on strangling the monolith piece by piece, replacing core functionalities with independent microservices running on AWS.
We conducted a 6-week deep-dive, mapping every dependency and creating a detailed microservices architecture and migration roadmap.
Our DevSecOps team embedded security controls into the CI/CD pipeline from day one, using infrastructure-as-code (Terraform) and automated security scanning.
We tackled the migration in two-week agile sprints, delivering and deploying new microservices incrementally, allowing for continuous testing and feedback.
We leveraged AWS services like EKS (for Kubernetes), Lambda (for serverless functions), and Aurora (for the database) to build a highly scalable and resilient platform.
Established a secure site-to-site VPN for seamless collaboration.
Set up parallel environments for development, staging, and production on AWS.
Used Kafka for event-driven communication between new microservices and the legacy monolith.
Built a comprehensive monitoring and observability stack using Prometheus and Grafana.
Conducted rigorous, automated performance and penetration testing before each major release.
Executed the final cut-over for each module during low-traffic weekend windows.
Achieved by moving from expensive on-premise servers to an optimized AWS environment.
Feature release time was reduced from 6 months to under 2 weeks.
Passed all PCI-DSS and security audits with zero critical findings.
The new platform effortlessly handled a 200% spike in transaction volume during peak season without any performance degradation.
Provided enterprise-grade assurance.
Proven experience in large-scale FinTech migrations.
Access to a large pool of specialized Java and AWS experts.
Our DevSecOps approach integrated security from the start.
The POD model offered a complete, managed team.
Flexible engagement that allowed for phased execution.
Significant cost savings over onshore alternatives.
Proactive communication and transparent project management.
24/7 support during critical migration phases.
By partnering with Developers.dev, the client successfully transformed their core technology from a liability into a strategic asset. The project was delivered on time, within budget, and has enabled them to innovate faster, operate more efficiently, and compete more effectively in the modern FinTech landscape.