Financial Services
From Idea To Market In 6 Months
As a startup with a new concept being delivered to the market, the key elements needed to make the platform a success was:
- Security
- Scalability
- Speed to market
- Cost efficiency
- Reliability
The Problem:
Our client had a vision and wanted to stay true to the solution rather than deal with load balancers, autoscaling groups, and an army DevOps. They needed a clean, unified system that could be run by minimal staff, with low running costs and reduced complexity so they could scale quickly, securely and cost-effectively.
They were looking to go to market within four months and work with a reliable partner that would be with them throughout their company journey. They wanted a partner that could step in periodically for further strategy and development when they grew and needed it or when the next round of funding became available.
The Solution:
Together, we created an enterprise grade B2B Lending/Transaction Platform on Salesforce that can be used by external merchants in a similar way to PayPal without using a third-party server. This meant:
- seamless registration and transaction flows,
- fully digital Anti Money Laundering and Serviceability Checks,
- a 5-star security system,
- scalability through a unified and highly integrated system through Salesforce Community Cloud, Sales Cloud, Service Cloud and Service Cloud Voice, and
- a quick to market solution, costing that scaled with them, and reliability by working with a local partner with proven experience.
The Outcome:
8Squad and Salesforce were natural partners to implement such a streamline and scalable solution from the ground up – especially because 8Squad embrace the organic growth model that our client was also championing.
Sharing the vision, 8Squad was not only able to deliver the solution technically but – through our deep industry experience – were able to provide thought leadership, compliance advice and operational innovation.
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