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Banking & Fintech

An API gateway and event bus that cut settlement reconciliation from 26 hours to under 4 minutes.

Overview

Reconciliation ran overnight as a batch and frequently failed, which meant a finance team started every morning by finding out whether it had. We replaced the batch with an event-driven ledger: every transaction publishes, every consumer is idempotent, and mismatches surface within seconds instead of the next business day. The design was reviewed against the SAMA Cyber Security Framework before a single record moved.

Results

26h → 4min reconciliation
99.99% API availability
SAMA CSF reviewed
12M+ events/day
Typical reply: within 1 business day

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