In a high-stakes environment we were hosting a Financial Services product with sensitive customer data including financial transactions on the cloud. The challenge was colossal with 127 security and compliance requirements to be implemented in a mere five months. DLT Apps met this challenge head-on with a solution that encompassed data encryption, network security, robust identity and access management, and advanced endpoint protection. 

We achieved encryption of all confidential data, established a secure network hub, and fortified identity and access controls. The resultant platform went live within the deadline with all the 127 controls in place. The platform also successfully passed assurance audits and penetration tests.

Simplifying Cloud Security and Compliance Assets

All products on the DLT Apps cloud platform are within the highly regulated space of financial services, and are expected to host confidential / PII data of customers including those from financial transactions. Our clients require us to meet high security and compliance standards akin to SOC2 and ISO compliance requirements.

Cloud Services- Simplifying Cloud Security and Compliance assets

Faced with the challenging task of securely hosting massive volumes of sensitive data in the cloud, DLT Apps navigated a complex terrain of security, cost-efficiency and rapid deployment. Selecting AWS as the cloud platform, DLT Apps established a reliable foundation that effectively addressed cloud controls, data security, and governance needs. The result was a versatile and resilient system that met client demands, passed third-party reviews, and aced business continuity tests with zero data loss and a 30-minute recovery time.

Cloud Platform Build for Financial Products

DLT Apps was established with the aim of incubating multiple financial products. One of our first flagship products is a fund administration platform that would host confidential user data of our clients on the cloud. This would be the first major cloud-based deployment of confidential data at such a scale for our client, their own cloud solution was delayed by a few years. We needed to build a secure, reliable cloud foundation at pace. It was also important to ensure the platform was extensible and scalable to support additional product propositions in the future.

Cloud Services - Cloud platform build for financial products

In the Financial Services world where speed and agility are paramount, the DLT Apps accelerator empowers engineers to effortlessly craft robust, secure, and cloud-native applications. This involved swiftly provision complex environments, cover a spectrum of runtimes and databases, and adhere to rigorous industry standards. Our solution, based on cloud-native principles and cutting-edge tools, achieved remarkable results. Dive into the future of cloud-native development with our accelerator. 

EaaS Cloud Native Development Accelerator

Within the dynamic realm of Financial Services, DLT Apps continuously nurtures innovative product concepts, both for internal use and client solutions. On this journey, we recognised the imperative need for a cloud-native development accelerator. This accelerator empowers our engineers to create and deliver robust, secure, and cloud-based applications with ease, liberating them from the complexities of cloud infrastructure management. 

Cloud Services - EaaS Cloud Native Development Accelerator

By addressing the challenges of a complex multi-party transfer system, our team created a transformative approach to tokenise assets. We established a distributed network that brought together all stakeholders, offering real-time access to the underlying assets - the car title in our client’s business context. Moreover, we introduced a digital title representation on private and public blockchains, enabling an immutable ledger. We also paved the way for selling the car on other digital marketplaces minting non-fungible tokens for NFT marketplaces and made available on a digital wallet.

Accelerate the Tokenisation of Assets

The sale of automobiles, whether new or used, is a complex process that has adhered to established norms for a significant period. In a typical scenario, multiple parties are involved, including a buyer, a seller, a government agency responsible for registering ownership, and a financial lender who holds a lien in cases where the buyer has taken out a loan. Recognising this friction within the automotive buying and selling ecosystem, one of our clients who specialised in automotive financing aimed to modernise process and significantly reduce time taken for the transfer of ownership.  

Blockchain - Accelerate the tokenisation of assets

In 2018, the crypto market was a maze for newcomers, with high fees and limited user-friendly platforms. Our client set out to revolutionise this space, and they succeeded spectacularly with our help in building their platform. By simplifying the onboarding journey and trading steps with user-centric design, they became the fastest-growing platform in the UK, boasting over 50,000 customers and a valuation of £100 million ($137 million) by March 2021. A potential acquisition of the platform by an American Financial Services company that rolled out a cryptocurrency wallet to more than 2 million users fell through. Despite this, our client's resilience continues to drive their growth using our solution. 

Cryptocurrency Trading Made Easy for UK Customers

In 2018, buying cryptocurrencies was difficult and expensive due to several factors. There existed many barriers of entry for new investors who were unfamiliar with the complex and technical nature of the cryptocurrency market. As a result, many potential investors were deterred from entering the market, limiting the growth potential of cryptocurrencies as an alternative investment asset class.  

Our client wanted to build a platform for buying, selling, and storing cryptocurrencies as well as traditional fiat currencies, that could address these challenges. 

Blockchain - Cryptocurrency trading made easy for UK customers

Navigating the complexities of **transferring a £20 billion AUM** (asset under management) dataset within the highly regulated financial sector demanded innovation, and we delivered it with **TerraAi - our AI/ML-powered data migration engine**. Through the use of modern architecture, end-to-end automation, and real-time dashboards, we achieved standardisation, automation, and transparency. The result was the seamless management of £20 billion in assets, setting new benchmarks for **operational efficiency, accuracy, and scalability **in the financial domain. TerraAi is changing the game by offering unmatched transparency and agility in asset management, propelling us into the future of migration.

AI/ML Powered Data Migration Engine

Migrating data from one platform to another is a complex endeavour, especially within regulated Financial Services. A global Fund Administration product that DLT Apps had incubated was migrating a complex dataset of £20 billion of assets under management (AUM) from a leading Asset Manager. This needed a solution that could securely migrate data at speed and at scale. 

AI/ML - AI/ML Powered Data Migration Engine

Our client, a leading lender in the UK, faced the bottleneck of legacy systems which hindered the improvement of their customer experience and potential for further growth. Our solution was a composable architecture that enabled rapid feature deployment, automated workflows, real-time analytics, and a personalised user interface. The results of our solution implementation speak volumes with enhanced KPIs, streamlined operations, and a user-centric experience, positioning the company for significant future growth in the competitive retail lending landscape.  

Implementing an Effective Composable Architecture for a Retail Lender

Our client is a well-known UK brand that amongst a few businesses also provide retail lending products including personal and car loans. Our client faced challenges with their outdated legacy application. These challenges hindered their growth, innovation, and ability to offer a differentiated customer experience. These challenges meant that they were unable to meet their business objectives of customer acquisition and achieving straight-though lending decision processes.  