LEADING GLOBAL BANK RELIES ON TANGO FOR SUPERIOR AGILITY AND IMPRESSIVE COST SAVINGS

THE CLIENT
This Lusis Payments customer is one of the largest financial institutions in the world. The organization has over 10 million global customers covering several public and business sectors. They provide tailored banking solutions for personal, small business, commercial and cross border payments.

THE NEED: Freedom from a Constraining Legacy Payments Platform
The client's business was becoming severely constrained by their 28 year-old legacy payments system. The high cost of ownership, lengthy
development times, and soaring maintenance challenges became urgent pressures for change. The legacy software was widely utilized throughout the client's vast line of banking services. It was therefore crucial that the new solution would provide a highly extensible architecture, facilitate low-risk migration projects, and have the robustness to handle diverse and high-growth volumes.

Additional high-priority requirements included;

• a demonstrable reduction in application lifecycle costs,
• increased efficiencies in supporting new regulations and scheme mandates, and
• the agility to continually, and rapidly, adapt to changing consumer needs.

“We have implemented more “new” functional capabilities in the last 3 years on the TANGO platform than we have in over a decade on our previous legacy platform. It is great to be free  from all the constraints.”

THE SOLUTION: TANGO by Lusis Payments
The client performed an extensive study of all leading payments solution providers. This analysis showed the decisive advantages of selecting TANGO from Lusis Payments. The TANGO solution far exceeded all of the client's business and technical requirements. TANGO's architecture, flexibility, and cost of ownership advantages were identified as particularly compelling.

​THE RESULTS: Cost Savings, Scalability and Growth
The switchover to TANGO provided the client with an immediate 50% reduction in total cost of ownership. 

​The implementation of TANGO began with POS services then followed by ATM, Remote Banking, Apple Pay, Google Pay, and Dynamic Currency Conversion. Lusis' expertise and agile delivery methodology was a clear success factor in the low risk migrations and rapid implementations.

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