Feb 05, 2024
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Revitalizing the U.S. banking system
Completed

Revitalizing the U.S. banking system

$100,000+
more 1 year
United States
6-9
view project
Service categories
Service Lines
Software Development
Design
QA and Testing
Domain focus
Banking & Financial Services
Programming language
C#
SQL
TypeScript
Frameworks
.NET
Subcategories
Software Development
Hardware Development
Design
User Experience
QA and Testing
QA

Challenge

DCI set itself a significant goal: to improve the structure of one of its most important core solutions, core banking, by incorporating the latest UX practices. The successful outcomes of this initiative sparked a continuous stream of extensive partnerships between Luby and DCI. These collaborations range from the ground-up design of new fintech solutions to the revitalization of their core applications.

Solution

CustomerX Project: GoBanking Luby took on the challenge of redesigning DCI’s entire online bank, a solution that combines different products to serve the more than 200 community banks connected to it. Banking Evolution Project: GoOpen Our Banking Evolution solution focuses on the evolution of banking systems and has helped DCI refactor the account opening module of its system.

Results

The results of this strategic partnership have resulted in significant cost savings, with a remarkable 39% reduction in total project value compared to working with a U.S.-based supplier. In addition, the cost effectiveness goes even further, with a significant 25% reduction in total project value compared to partnering with a supplier located in Kansas, the state where the customer is headquartered. These results underscore the strategic and financial benefits of this successful collaboration.