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Norwegian Digital Bank

Our client is one of the largest banks operating in Norway and is listed on the Oslo Stock Exchange.

2020.10.26

Summary

Our client is one of the largest banks operating in Norway and is listed on the Oslo Stock Exchange. As the financial sector is typically characterized by physical interactions in branches, the challenges of digital transformation are very intense, especially for banks that are 100% digital like our client.

Customer demands vary very quickly so the technology has to adapt to the business at high speeds.

Our client still needs to keep the focus on his core business.

Challenge

The big challenge is to allow the end customer to manage his entire financial life digitally, and this requires highly complex and available platforms and requires the use of various technologies.

The customer acquisition model is also complex, as customers trust a physical bank faster than a 100% digital bank.

Thus, technology assumes an even more relevant role in customer acquisition and retention.

Our client needed a highly qualified engineering team at a low cost and that was 100% dedicated.

Our client also had difficulties in hiring and retaining people.

Solution

Boost IT has hired 15 engineers in 45 days with the following skills:

  • Front-end Developers
  • Back-end Developers
  • Full Stack Developers
  • Blockchain consultants
  • Software Automation Testers
  • DevOps Engineers
  • iOS and Android Development Engineers
  • Product Owners
  • UX/UI Designers

An elite extended team was established in Portugal capable of executing the projects quickly and with very high quality.

At only 3 hours away by plane, our client has a world class engineering team capable of solving the most complex business problems.

Outcome

  • Keep the focus on the business;
  • Maintaining technological quality with a highly qualified team in Portugal;
  • Ability to scale technological teams to the desired size that would be difficult in the country of origin;
  • Stability and quality of the professionals hired;
  • Contractual flexibility;
  • Cost reduction.

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