Kibono is a Canadian financial company that provides Health Spending Account (HSA) services. They operate at the intersection of finance and healthcare, offering a secure platform for businesses and individuals to manage their health expenses. The company is focused on delivering a streamlined solution that adheres to strict financial and healthcare regulations in Canada.
Hours delivered back to the business
SOX compliance in Settlement process automation
Success rate of bot case completion
For functional release of OBT, RTS and OGS
The Challenge
Kibono needed a robust web application to handle complex financial integrations and securely process millions of dollars in annual transactions. Their primary challenge was to build a platform that was not only functional but also fully compliant with stringent Canadian healthcare and financial regulations. The system had to guarantee the highest level of security for sensitive financial and personal health data.
The client’s existing infrastructure was not equipped to support a large volume of transactions while maintaining the necessary security and compliance standards. They required a custom solution that could scale with their business growth and provide a trustworthy environment for all users. The project demanded a deep understanding of the Canadian regulatory landscape to ensure the platform’s reliability.
The platform also needed to be a custom build, moving away from existing solutions to provide a more tailored and efficient workflow for their business. They needed a long-term, scalable solution that could handle their current needs and be a foundation for future expansion in the market.
What did
Assystant do
Assystant partnered with Kibono to develop a comprehensive web application for their Health Spending Account services. Our team focused on building a secure and compliant platform capable of managing complex financial integrations and handling a high volume of transactions. We designed the application to meet the specific requirements of Canadian healthcare and financial laws, ensuring a secure and reliable experience for the client and their users.
The solution involved building a custom web application from the ground up, utilizing modern technologies like React and Django. We also deployed the application on AWS, ensuring a scalable and robust infrastructure to support their business operations. The application was built to be secure from the start, a key requirement for handling sensitive data. We also provided production support for L2 & L3 category issues and ensured the application was up to date with the latest technologies.
This project showcased our expertise in developing secure and scalable fintech applications. Our approach focused on a deep understanding of the client’s industry and regulatory needs, enabling us to deliver a solution that not only met their immediate requirements but also provided a foundation for future growth.
The Results
- Securely handles millions of dollars in annual transactions.
- Application is fully compliant with Canadian laws.
- Ensured the highest level of data security.
- Successfully implemented complex financial integrations.
- Delivered a custom, scalable implementation.
