Case Study: Leading US BFSI Company reduces operational costs by 50% with Persistent Systems' scalable multi-tenancy platform

Leading US BFSI Company Reduces Operational Cost By 50% with Scalable Multi-Tenancy Platform

Persistent Systems helped a leading US BFSI company, a broker-dealer and API shop for trading platforms, address rising operational costs caused by a scattered engineering team, duplicated work, and the complexity of supporting a 24x6 model across geographies. The client needed a technology strategy to modernize and upgrade its Brokerage API platform while improving time to market and global reach.

Persistent Systems implemented a lift-and-shift modernization strategy and introduced a multi-tenancy platform with a POD structure for shared QA, DevOps, and TechOps services. This improved scalability, maintainability, and partner onboarding across regions, delivering a 90% reduction in infrastructure readiness cycle time, a 70% optimization in regression test execution, and a 50% reduction in operational costs.