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Atal Bihari Vajpayee Indian Institute of Information Technology & Management Gwalior (IIIT)
B M S College of Engineering Basavanagudi,Bangalore(BMSCE)
B.R.A.C.T's Vishwakarma Institute of Information Technology, Kondhwa(VIIT)
Bansilal Ramnath Agarawal Charitable Trust's Vishwakarma Institute of Technology, Bibwewadi, Pune (VIT Pune)
Bhartiya Vidya Bhavan's Sardar Patel Institute of Technology , Andheri, Mumbai (SPIT)
Bhilai Institute of Technology, Bhilai House, Durg(BIT)
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INSTITUTE OF ENGINEERING & TECHNOLOGY,LUCKNOW (0052)(IET Lucknow)
Institute of Engineering and Management, Kolkata
Institute of Engineering and Technology, DAVV, Indore (1996)
Institute Of Technology, Nirma University Of Science & Technology, Ahmedabad
International Institute of Information Technology, Bhubaneswar
International Institute of Information Technology, Naya Raipur
Jabalpur Engineering College, Jabalpur, (JEC) (1947)
Jadavpur Uni
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JSS Science and Technology University(Formerly SJCE) Mysore
K J Somaiya Institute of Engineering and Information Technology, Sion, Mumbai
K.J.Somaiya College of Engineering, Vidyavihar, Mumbai
Kalinga Institute of Industrial Technology
L.D.College Of Engineering, Ahmedabad (LDCE)
M S Ramaiah Institute of Technology Bangalore (MSRIT)
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Pandit Deendayal Petroleum University ,Gandhinagar(PDPU)
Pimpri Chinchwad Education Trust, Pimpri Chinchwad College of Engineering, Pune(PCCOE)
PSG College of Engineering and Technology
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Pune Institute of Computer Technology, Dhankavdi, Pune(PICT)
Punjab Engineering College, Chandigarh (PEC)
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Sardar Patel Institute of Technology, Andheri, Mumbai
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School of Engineering and Applied Science, Ahmedabad (SEAS)
Shri G.S. Institute of Technology & Science, Indore (M.P.) (1952)
Shri Guru Gobind Singhji Institute of Engineering and Technology, Nanded
Shri Shankaracharya Technical Campus,(Shri Shankaracharya Group of Institutions).
Shri Vile Parle Kelvani Mandal's Dwarkadas J. Sanghvi College of Engineering, Vile Parle,Mumbai (DJSCE)
Silicon Institute of Technology
Sir M.Visveswaraya Institute of Technology Hunasemaranahalli,Bangalore,
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Sri Sivasubramaniya Nadar College Of Engg (Autonomous) (SSN)
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Symbiosis Institute of Design(SID),Pune
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Thiagarajar College Of Engineering (Autonomous) (TCE)
University Institute of Technology RGPV, Bhopal (1986)
University of Kalyani, Kalyani
University Visveswariah College of Engineering Bangalore (UVCE)
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Veer Surendra Sai University of Technology
Veermata Jijabai Technological Institute(VJTI), Matunga, Mumbai
Vellore Institute of Technology(VIT Vellore)
Vidyalankar Institute of Technology,Wadala, Mumbai
Vishwakarma Government Engineering College, Chandkheda,Gandhinagar (VGECG)
Visvesvaraya National Institute of Technology, Nagpur
Vivekanand Education Society's Institute of Technology, Chembur, Mumbai
Walchand College of Engineering, Sangli (WCE)

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Background

A unified digital mortgage platform that allows an easy and flexible lending experience for home buyers. The platform helps lenders to easily collaborate with customers, bringing down the turnaround time and reducing possible risks involved.


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Challenges

Keeping Pace with Business

Roostify wanted to expand their engineering team for addressing growing business demands from existing, newly-signed and prospective customers simultaneously.

On-boarding Customers Quickly

Integrating Roostify with banking systems used to take significant time while onboarding new customers.

Reducing Cycle Time

Accelerating implementation of certain features, which are pre-planned in the product roadmap, to serve existing
customers better.

Increasing Product Adoption

Keeping the product ready with third party software integrations, often used by the prospective marquee banks.

 


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Solutions

Expanding the tech team

We set up a dedicated team to meet demands from existing customers without affecting product roadmap.

Ramped up the technology team

We added 25 engineers across skills in a month and ensured the process was faster than industry standards. Scrum teams, with developers and QAs, delivered features independently from design to deployment.

Easing integration with third-party systems

Simplified integration with large banks involving various systems like Loan Origination Systems (LOS), Customer
Relationship Management (CRM) and Product & Pricing Engine (PPE) etc.

Customized Future-Ready Middleware

Considering the expensive and non-customizable software available off-the-shelf, we designed a highly customizable
and future-ready middleware. This not only simplified customer onboarding but also enabled faster customer
acquisition.

Enabling new customer acquisition

Increased product adoption, by integrating the product with multiple third-party software/services used by banks across different categories.

Integrating with Third Party Software

We integrated the product by creating services for each category of software used by banks like PPE (Product and Pricing Engine), Credit Service, eSign service, Verification, Automated Underwriting System (AUS), etc. These readily available integrations influenced product adoption, which was crucial for accelerating customer acquisition.


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Results

Fulfilled Business Demands

With a diligent team in place, Roostify could ship features quickly to serve all customer categories- prospective,
existing and new.

Eased Customer On-boarding

Reduced time spent on integrations with third party systems while onboarding new customers.

Reached the Next Milestone

Played a crucial role in achieving the next milestone by delivering on product roadmap, which helped them to move to next stage.


Services Provided

  • FinTech Engineering
  • System Integration
  • Middleware Development
  • Microservices Architecture
  • Cloud Infrastructure

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