DMI Finance | VCxO

DMI Finance | VCxO

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About DMI Finance

DMI Finance is an RBI registered NBFC in India that is in the business of providing short term personal loans for Appliance Purchases. For this purpose they were developing an inhouse platform for registering and validating consumer information for providing loans.

Problem Description

While developing the application for Loans, DMI was facing challenges in the Team Scaleup, especially for Java. In additional to team scaleup, DMIs challenge included application design and coding practices due to which there was excessive cost being incurred on the Cloud Platform.

Solution Delivered by InfoCRAFT

InfoCRAFT got engaged with DMI through VCxO in a bid to provide Java resources, when we realised the problem was not unavailability of resources but actually the coding practises and application design in place at DMI.

Services Offered by InfoCRAFT

InfoCRAFT did a small workshop for Coding Practises with the objective of

  • Identifying the improper code writing practices and making Java Resources aware of the common problems, along with the advantages of writing the code and following best practises
  • Re-design the application to include frameworks & best practices to reduce delivery timeline & resource requirements.
  • Code Review for Security Loopholes
Result

DMI was able to channel the resources to alternative projects and had much faster and responsive application with a higher application performance and throughput. DMI Resources were more committed to the company and keen to learn and deliver while DMI saved costs on the Cloud Platform.

  • Reduction in Staff Strength Required for Inhouse Application Development
  • Code Quality Improvement
  • 35-40% Savings in AWS Costs during Development

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Challenges Faced
  • Design
  • Scale Up
  • Cloud Operations Cost
  • Team Management
  • Solution Landscape
  • Coding Practices
Measurable Impact
  • Java
  • Amazon WS Aurora (MySQL)

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