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Erlang Solutions 2019 Development Project Review

January 07, 2020 | Software
Provided by Erlang Solutions

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FinTech
Erlang Solutions 2019 Development Project Review

Erlang Solutions works with partners, including Vocalink/Mastercard, Danske Bank, Safaricom, Bloomberg and OTP Bank, to prototype, design, build, monitor and maintain hyper-reliable, scalable and concurrent solutions for blockchain, smart contracts, TPS and switching solutions.  Our blog post covers some of the exciting work we have been involved in with major fintech clients in building scalable, fault-tolerant systems. We also take a look at what’s in store for the wider fintech ecosystem in 2020.

Some of Our 2019 Fintech Projects

In 2019 we started to work with a universal multichannel bank-insurer with private clients and SMEs in Northern Europe and South-East Asia to build a mobile app which uses the highly scalable message server powered by XMPP.

We also helped out a major African based financial services group who use the Erlang-based message broker software RabbitMQ for various business applications to implement critical banking operations. We reviewed the existing RabbitMQ architecture and suggested performance enhancements to deliver high availability on a Kubernetes platform in a new data centre.

We also came onboard to review the existing RabbitMQ architecture and code of a US financial services organisation to advise on a scale-up strategy to take the bank to the next level.

What else has been happening in the FinTech space

In November we attended the World Fintech Forum in London. Global operators form throughout the FinTech ecosystem came together to debate important and, at times, controversial topics. 

Barclays Rise is a global community of the world’s top innovators working together to create the future of financial services. We visited them earlier this year to discuss how startups could future proof their applications via building distributed, massively scalable and fault-tolerant systems with high availability.

What next in 2020?

To find out more detail on our 5 Top FinTech Trend Predictions for 2020 read the full article on our blog.

1. You need more than just great UX

2. Blockchain or DLT use to increase

3. More AI in financial services

4. 5G and IoT set to impact

5. Execution over tech exotica

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