Case Study: Shermin Finance achieves 10x+ API cost savings with Devoteam’s AWS cloud migration

Shermin Finance migrates six lender APIs in 5 weeks with Devoteam

Shermin Finance, a UK-based consumer credit broker, faced the imminent expiration of its MuleSoft contract, which powered the API integration layer for its high-volume STAX loan platform. This created a significant operational risk and a high annual cost of £150,000. Shermin Finance engaged Devoteam to urgently migrate six critical lender integrations to a new, cost-effective, and scalable architecture without disrupting live services.

Devoteam executed a rapid, 5-week migration to a serverless AWS architecture using Lambda, API Gateway, and SQS. This solution delivered more than 10x cost savings, reducing the API layer's operating cost to under £1,000 per month. The migration was completed with zero downtime and improved the platform's scalability and resilience. Devoteam's partnership also provided ongoing optimization through its CloudCare Enterprise service.

Shermin Finance