A licensed commercial bank
Sri Lanka, regulated by the Central Bank
A 40 person digital engineering team built for the bank in three recruitment waves, operated for 24 months across three squads covering digital channels, core services and payments, and platform reliability, then transferred to a bank subsidiary with all people, code, environments and intellectual property. Priced as cost plus a 20% management fee, with a one time setup fee and a transfer fee that pays for the waiver of non solicitation and sixty business days of hypercare.
- Every hire approved by the bank before onboarding, with individual NDAs
- Squads working to the bank's own agile lifecycle, definition of done and release governance
- Compliance with the central bank's outsourcing and technology risk directions built into the contract
- Quarterly salary benchmarking against SLASSCOM surveys, visible to the bank
- Performance management fee reviewed quarterly against KPIs, so part of our margin is at risk