Revitalizing a Financial Institution

From outdated digital infrastructure to a modern enterprise platform, we helped a European bank achieve 40% cost reduction and 60% faster transaction processing.

Project Overview

We collaborated with a major European financial institution experiencing significant inefficiencies in their legacy tech stack and business operations. This case study outlines the strategic digital transformation and operational optimization we delivered.

The Client

A multinational financial services group with over 50 branches across Europe, facing challenges with outdated banking systems and customer satisfaction issues.

BANKING SOLUTIONS

The Challenge

The organization's core banking system was over 25 years old, leading to slow transactions, poor scalability, and security vulnerabilities. Customer satisfaction had dropped by 30% over two years.

TECHNICAL CHALLENGES

Our Solution

We designed and implemented a cloud-native banking platform using microservices architecture. The solution included AI-driven fraud detection and a reimagined digital customer experience.

DIGITAL TRANSFORMATION

The Problem

Legacy systems caused significant bottlenecks in customer operations and regulatory compliance.

Core Banking System Customer Experience

1. Transaction Speeds

Average transactions taking 45+ seconds compared to industry standard of 5 seconds.

2. Security Gaps

Outdated encryption protocol (AES-128 vs required AES-256) caused failed audits.

3. Customer Satisfaction

NPS score dropped to -12 in mobile banking, compared to +32 in market average.

The Solution

A complete modernization of their technology stack combined with business process reengineering.

Cloud Migration

Implemented hybrid cloud architecture using AWS for transaction processing, with Azure for document storage. Achieved 85% infrastructure cost reduction.

Process Automation

Developed workflow automation for loan applications using RPA technology, reducing processing time from 72 hours to 4 hours.

Security Enhancement

Implemented blockchain-based transaction ledger and biometric authentication, achieving 0 security incidents in 12 months.

UX Overhaul

Redesigned mobile application interface with AI chatbot support, improving user retention by 55%.

Implementation Timeline

The transformation was executed in four major stages over 18 months.

01
Requirements Analysis

Conducted 96 stakeholder interviews to identify key operational inefficiencies and compliance requirements.

02
System Design

Developed architecture using AWS Lambda for serverless processing and Azure DocumentDB for data storage.

03
Implementation

Rolled out 22 microservices across 18 weeks with zero-downtime deployment strategy.

04
Training & Deployment

Trained 325 employees and conducted 8 full-system tests before live deployment in Q4 2024.

Results Achieved

The transformation delivered measurable improvements across key performance indicators.

42%

reduction in operational costs through automation

69%

increase in customer satisfaction scores (NPS)

3.5×

increase in system availability (99.98% uptime)

"Working with Embann transformed our organization. Their deep understanding of both technology and business needs helped us deliver a digital transformation that exceeds expectations. We're now positioned for sustained growth in competitive markets."

- Maria Sanchez, CTO
European Financial Group

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