Case Study: a large banking institution achieves faster service delivery and higher revenue with Profound API from Profound Logic

a large banking institution cuts service development time from 8 weeks to 45 minutes with Profound Logic

A large banking institution faced significant challenges due to its reliance on an external core software vendor. This dependency resulted in slow service development cycles of 4-8 weeks per change and high costs, which hindered the bank's ability to compete. To overcome these hurdles, the bank turned to Profound Logic and adopted its Profound API solution.

By implementing Profound API, the institution drastically cut service development time from weeks to just 45 minutes. This new agility allowed the bank to process 2,000 transactions per second, boosting responsiveness and innovation. The solution eliminated vendor dependency and optimized costs, which directly contributed to a 23% increase in revenue for the client, demonstrating the transformative impact of Profound Logic's product.