What's Happening?
Solifi, a global provider of secured finance software solutions, in collaboration with Forgd, an applied AI consultancy, has announced significant advancements in their software engineering processes. The partnership has led to a 70% reduction in database
calls within a critical module, achieved in just three weeks. This was accomplished through an AI-assisted development approach, where Forgd's team embedded directly with Solifi's engineers. The initiative was part of Solifi's broader modernization campaign aimed at enhancing production-grade resilience and reliability. By integrating AI tools and workflows, Solifi was able to close long-standing test coverage gaps and improve operational efficiency.
Why It's Important?
The findings from Solifi and Forgd highlight the transformative potential of AI in enterprise software engineering. By reducing database calls significantly, Solifi has demonstrated how AI can enhance efficiency and reliability in software development. This is particularly crucial for secured finance firms, where platform reliability and compliance are critical. The success of this initiative suggests that AI integration can lead to faster modernization without the typical disruptions associated with traditional methods. This could set a precedent for other companies in the finance sector and beyond, encouraging broader adoption of AI tools to streamline operations and improve service delivery.
What's Next?
Following the successful implementation of AI tools, Solifi plans to continue its modernization efforts, potentially expanding the use of AI across other modules and processes. The company aims to establish AI-native development as a standard practice within its engineering teams. This approach could lead to further improvements in efficiency and service quality. Other organizations may look to Solifi's model as a roadmap for their own AI integration efforts, potentially leading to widespread changes in how software engineering is approached across industries.
