SILIZIOS engineered a next-generation core banking engine for NeoBank International. The platform is built on a distributed ledger architecture, ensuring near-instant transaction finality and unprecedented security for millions of users worldwide.
The system is designed to handle extreme burst traffic while maintaining regulatory compliance across multiple jurisdictions. Our solution enables the client to launch new financial products in days rather than months, significantly outpacing traditional competitors.
NeoBank International needed to replace their aging, monolithic core system which was struggling with scalability and high maintenance costs. They required a modern, API-first platform that could support their rapid global expansion.
Migrating millions of active accounts with zero downtime was a critical requirement. The new engine also had to integrate seamlessly with various third-party payment gateways and regulatory reporting tools across different regions.
SILIZIOS delivered a microservices-based core engine that is both modular and highly scalable. The platform utilizes advanced encryption and real-time fraud detection AI, resulting in a 40% reduction in operational costs and a 60% improvement in transaction processing speed.