Trantor Enhances Availability of APIs For A Pre IPO “FinTech Lending Platform”
With an efficient team and a seamless work process, Trantor not only helped us increase our financial transaction rate by lowering the failure rate but also helped us grow the overall business. Great work, guys.
Business problem
Being a reputed Fintech firm with a vast clientage, the company was facing an issue with their present API system and its availability. Due to the increasing web traffic and substantial financial transactional traffic, the Fintech services provider was looking for a way to increase their APIs and negate the failure rate of API transactions.
A considerable part of financial transactions happens via API.
Availability of APIs is a concern.
Failure rate of API Transactions was much more than acceptable.
Solution delivered
Monitor APIs using our award-winning AIML Monitoring Tool
Monitor API availability
Monitor API transaction success using Synthetic monitoring
Being a partner with the client on several other projects, Trantor knew the inside-out of the working of the company and the issues they were facing. Trantor put forth a detailed plan to intensify the API available for the client and use various monitoring tools to increase the API transaction success.
Results
99.9% uptime of API with assured Availability around the clock.
Reduction by more than 15% in business-impacting incidents.