Case Study: Trnsact achieves 80% lower infrastructure costs with Neklo's cloud-native equipment finance platform

Trnsact cuts infrastructure spending by 80% with Neklo

Trnsact, an equipment financing platform operating as a connective bridge for lenders, OEMs, dealers, and buyers, faced significant challenges with its legacy application. As the company scaled, the platform suffered from sluggish performance, inefficient resource usage, and inadequate security measures, which frustrated users and risked compliance. To address these issues, they engaged the vendor NEKLO for financial software development services.

NEKLO overhauled the platform by migrating it to a cloud-native AWS architecture using NodeJS and GraphQL. They implemented automated CI/CD cycles, enhanced security with AWS GuardDuty, and upgraded the dealer and lender portals. As a result of this solution, Trnsact achieved an 80% decrease in infrastructure spending and established 100% automated compliance monitoring, transforming it into a secure and highly efficient fintech ecosystem.

Trnsact