Transforming Financial Services

🚀 Case Study: Transforming Financial Services with Osmium Expertise

We're thrilled to share a success story where Osmium played a pivotal role in revolutionizing a major financial services company in the US.

This was one of hard to get customers but as soon as we've shared our experience and previous testimonials they agree to give it a go, and guess what? They were pretty happy about it :) Company needed to implement a huge roadmap for an app for financial brokers, it had a broker's customer portal alswell. When we've joined the project it already was running. Over a 2-years collaboration (2021-2023), we integrated a powerhouse team: 2 frontend developers, 2 QA manuals, and 1 QA automation expert.

The results? Nothing short of remarkable:

• 85% Increase in Work Speed: Through our dedicated efforts, we significantly boosted the project’s velocity, ensuring quicker and more efficient outcomes.

• $678K Saved: By optimizing hiring costs, we enabled our client to channel resources more effectively, leading to substantial savings.

• 18 Successful Releases: Delivered 5 major and 13 minor releases with enhanced stability and performance.

• Revenue Growth: Our contributions indirectly fueled the client’s revenue growth by optimizing processes and delivering high-quality results.

Development Achievements:

• Improved Code Quality & Velocity: We implemented key optimizations across the platform, significantly enhancing code quality.
• 95% Unit Test Coverage: Our team ensured that the codebase was robust, reliable, and well-tested, reducing the likelihood of bugs.

QA Achievements:

• Enhanced Regression Time & Release Efficiency: We improved regression testing times, enabling faster, smoother releases.
• Comprehensive Test Coverage: We expanded overall test coverage and drastically reduced the number of bugs reaching production.
• Decreased Production Bugs: By fine-tuning our QA processes, we minimized production-piercing bugs, enhancing the user experience and reducing downtime.
• Increased Collaboration: By fostering better communication between development and QA teams, we streamlined the release process, ensuring higher efficiency and faster delivery.

QA Automation Achievements:

• 60% Application Coverage: Our automation experts covered 60% of the application, ensuring critical functionalities were thoroughly tested.
• Drastic Reduction in Testing Time: Automated repetitive tests, cutting testing time from 10-20 hours to just 30 minutes per release. This not only improved efficiency but also allowed the team to focus on more complex tasks.

This project is a testament to the power of collaboration and the impact that a well-integrated team can have on business outcomes. At Osmium, we’re committed to driving success for our clients by delivering exceptional quality, speed, and efficiency.