Case Study: a leading commercial bank in Latin America achieves four-fold transaction capacity with Wipro TransformX

Leading Commercial Bank in Latin America - Customer Case Study

A leading commercial bank in Latin America, one of the region's largest interbank payment processors, faced challenges in scaling its capacity to handle 5 million daily payments. The bank needed to significantly increase its transaction throughput, ensure 24x7 processing availability to meet central bank timelines, and improve the safety and visibility of its funds. To address this, the bank partnered with vendor Wipro.

Wipro implemented its TransformX solution, a managed service for Institution-2-Institution integration. This provided a scalable and resilient messaging framework that improved straight-through processing. The solution delivered a four-fold increase in capacity, enabling the bank to process 20 million messages per day (1,500 TPS) and achieve 24x7 availability with zero downtime. Wipro also provided real-time liquidity monitoring, resulting in 100% visibility of funds movement and online reconciliation.