Case Study: a major global banking institution achieves faster, scalable digital banking with Altimetrik

a major global banking institution cuts banking load time to under 2 seconds with Altimetrik

The client, a major global banking institution, faced significant challenges with its outdated 25-year-old monolithic online banking and payment platform. This legacy system, which served commercial clients in over 100 countries, suffered from poor performance, a cumbersome user interface, and an inability to adapt to evolving regulatory compliance. These issues were hindering revenue growth and putting client satisfaction at risk. The bank partnered with Altimetrik to modernize its platform using the Digital Business Methodology (DBM).

Altimetrik applied its Digital Business Methodology, which included a discovery phase and utilizing Domain-Driven Design to decompose the application. The solution involved developing over 60 microservices, breaking the single database into 14 smaller ones, and implementing an event-driven architecture. This modernization, executed by Altimetrik, resulted in a dramatic reduction in dashboard load time from 30 seconds to under 2 seconds, enabled the seamless processing of 2 billion annual payment transactions, and achieved 99.99% availability for the online portal and API.