Case Study: Prospera modernizes banking APIs and enables open banking with Gravitee

Prospera chooses Gravitee to modernize their architecture and support future open banking initiatives

Prospera Credit Union, a Canadian financial services and fintech organization, needed to modernize its legacy API architecture to support real-time data processing, open banking, and future streaming initiatives. With its existing system limiting flexibility and scalability, Prospera turned to Gravitee’s unified API, event, and agent management platform to help support a more agile, secure, and distributed banking environment.

With Gravitee, Prospera migrated APIs from its legacy platform in just five weeks instead of two years, enabling asynchronous API support, Kafka-based event streaming, stronger API security and audit trails, and scalable multi-gateway governance. Gravitee helped Prospera cut response times in half, from 200ms to 96ms, and positioned the credit union to handle an estimated 55 million API calls per month as it advances toward open banking.

Prospera

Sheldon Schwartzenberger

Manager, Enterprise Applications