Case Study: Axos Bank achieves faster modernization and 66% developer productivity gains with OutSystems

Axos Bank boosts developer productivity by 66% with OutSystems

Axos Bank, a fully digital US bank, faced the challenge of modernizing legacy systems and improving developer productivity after adopting the OutSystems platform. The initial hurdle was winning over a development team that had preconceived notions about the low-code platform, while also addressing high technical debt from clunky on-premise processes that hindered operations.

Using the OutSystems platform and its Agent Workbench for building AI agents, Axos implemented a top-down AI strategy. The solution modernized 12 critical processes and deployed four autonomous agents for monitoring, legacy modernization, business analysis, and development support. The results included a 66% increase in developer productivity, $150k saved annually in licensing fees, a 10% reduction in technical debt, and the delivery of a three-year modernization roadmap in just one year. OutSystems enabled Axos Bank to achieve faster time to market at a fraction of the cost of traditional development.

Axos Bank