Top US manufactured home lender enhances lending with [i]microservices[/i]
Triad brought its lending platform in-house on Azure and launched new retail partner portals.
The challenge
The challenge
The challenge
The challenge
The challenge
Triad needed to take its lending platform back from a vendor [i]without disrupting service[/i].
Triad needed to take its lending platform back from a vendor [i]without disrupting service[/i].
Triad needed to take its lending platform back from a vendor [i]without disrupting service[/i].
Triad needed to take its lending platform back from a vendor [i]without disrupting service[/i].
Triad needed to take its lending platform back from a vendor [i]without disrupting service[/i].
Triad Financial Services is licensed in 47 states, with $5.6B in managed loan assets. It wanted control of its technology to improve the borrower and partner experience.
Legacy system migration
Legacy system migration
Legacy system migration
Legacy system migration
Legacy system migration
Moving from a third-party vendor to an in-house Azure tenant couldn't disrupt Triad's services.
Tech stack modernization
Tech stack modernization
Tech stack modernization
Tech stack modernization
Tech stack modernization
The move to an API-based model required complex rebuilding and optimization.
Ongoing support
Ongoing support
Ongoing support
Ongoing support
Ongoing support
As Triad onboards new partners, the new system has to stay reliable and scalable.
The vision for Triad Financial Services
The vision for Triad Financial Services
The vision for Triad Financial Services
The vision for Triad Financial Services
The vision for Triad Financial Services
Triad wanted a modernized code stack built on microservices and cloud development to improve efficiency and user experience, bring its technology in-house, and make the experience more intuitive for borrowers and partners.
What Praxent did
What Praxent did
What Praxent did
What Praxent did
What Praxent did
An in-house Azure platform built on microservices
An in-house Azure platform built on microservices
An in-house Azure platform built on microservices
An in-house Azure platform built on microservices
An in-house Azure platform built on microservices
Praxent migrated Triad's legacy custom development to its own Azure tenant, rebuilt the API layer and launched retail partner portals designed to scale.
Migration from a third-party vendor to Triad's Azure tenant
Migration from a third-party vendor to Triad's Azure tenant
Migration from a third-party vendor to Triad's Azure tenant
Migration from a third-party vendor to Triad's Azure tenant
Migration from a third-party vendor to Triad's Azure tenant
Monolith replaced with a microservices architecture
Monolith replaced with a microservices architecture
Monolith replaced with a microservices architecture
Monolith replaced with a microservices architecture
Monolith replaced with a microservices architecture
Rebuilt and optimized API-based model
Rebuilt and optimized API-based model
Rebuilt and optimized API-based model
Rebuilt and optimized API-based model
Rebuilt and optimized API-based model
Retail partner portals built for growth
Retail partner portals built for growth
Retail partner portals built for growth
Retail partner portals built for growth
Retail partner portals built for growth
Praxent provided ongoing maintenance and support, resolving issues, shipping updates and keeping the system secure.
The results
The results
The results
The results
The results
A modular platform Triad controls
A modular platform Triad controls
A modular platform Triad controls
A modular platform Triad controls
A modular platform Triad controls
Triad now runs a robust, scalable, modular ecosystem on a modern tech stack, with better usability, stronger operational efficiency and consistent performance as it adds partners.
Triad's team manages, updates and improves its own technology.
Bringing our technology systems in-house and enhancing our code stack via microservices and cloud development will enable us to boost efficiencies and improve the borrower and partner experience. Praxent's highly skilled engineers have been responsive, reliable, and highly capable, providing valuable guidance and support along the way. With all that we have gained from working with Praxent, as they've modernized our technology system, our team will be able to more effectively manage, update, and improve our technology moving forward.
