Integra Credit Partners with Sphere for Legacy System Modernization
Founded in 2014, Integra Credit is a Chicago-based online consumer lending company. The company provides fast, flexible, and convenient financial solutions to customers regardless of their credit history or credit score. With a team of over 30 years of experience in online lending, the company holds expertise in sophisticated analytical models, big data and innovative technology to personalize the needs of thousands of customers.
Integra Credit initially built its online consumer lending offering on a legacy platform. When the business grew, the company began experiencing issues scaling to demand and incorporating the added personalizations and functionality to enhance the user experience.
The outdated components of the antiquated system resulted in added costs which became cumbersome and risky to support. With a growing customer base and limited resources, Integra Credit sought outside technology consultancy.
The company knew it was time to migrate to modern systems, but migration isn’t simple. That’s why Integra Credit partnered with Sphere for strategic technical consultancy and to augment the development capabilities for full system migration and legacy system modernization.
How We Solved It
Sphere developed a coordinated and planned legacy system modernization migration plan, which included:
- Migrating the old system to the new platform.
- Rewriting the old system, capturing outdated functionality.
- Embed functionality from the old system into the new system.
With the new system in place, Integra credit has gained operational efficiency and the ability to add new features and functionalities seamlessly. More importantly, the company is able to eliminate the cost of supporting antiquated databases and platforms, thereby saving time and money.
The company is now poised to scale to customer demand, adding custom personalizations to enhance the user experience.
By augmenting development team capabilities with the help of Sphere Software, the migration process was substantially quicker and more seamless.