endorsedCompleted

Backend Modernization & Compliance Audit for MAP FinTech

Services Covered:

Custom Software Development • Legacy Application Modernization

Industry

Financial Services

Duration

7 months

Budget

50K - 199K

Start Date

1 August 2024

Team Size

6-10 Employees

Engagement Model

Offshore

Project Capability Score (PCS)

85/100

Strong

Project Capability Score (PCS) estimates how capable Acquaint Softtech Private Limited is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

MAP FinTech

Cyprus

Project Summary

Acquaint Softtech audited a fintech company's backend flows and incrementally modernized legacy components into maintainable Laravel-based services. The work introduced encrypted data handling, immutable audit logs, and stronger API authentication, which resulted in smoother internal compliance reviews, clearer audit trails, and improved traceability without degrading performance. Project management consistently met milestones and responded promptly to regulatory-driven scope changes.

Key Challenges

Strengthen auditability and traceability across critical workflows handling regulatory data and transaction records
Introduce better access control and internal security boundaries without slowing down reporting pipelines
Modernize parts of enterprise applications that were becoming difficult to extend under new regulatory requirements

Project Deliverables

Audited existing backend flows to identify audit gaps, access ambiguities, and scalability risks
Refactored legacy backend components into maintainable Laravel-based services
Introduced encrypted data handling for sensitive regulatory and client data
Implemented detailed and immutable audit logs tied to user actions and system events
Strengthened API authentication and authorization layers
Defined strict access guards aligned with internal roles and compliance boundaries
Ensured backward compatibility with existing reporting and regulatory workflows

Project Solution

The vendor first audited existing backend flows to identify audit gaps, access ambiguities, and scalability risks. They then modernized the system incrementally by refactoring legacy backend components into Laravel-based services, introducing encrypted data handling for sensitive regulatory and client data, implementing detailed immutable audit logs tied to user actions and system events, strengthening API authentication and authorization, defining strict access guards aligned with internal roles and compliance boundaries, and ensuring backward compatibility with existing reporting and regulatory workflows.

Project Outcome

Internal compliance reviews became noticeably smoother
Audit trails were clearer and traceability of data movement improved
Operational teams reported fewer ambiguities when investigating issues or responding to regulatory questions
Improvements were delivered without degrading performance under transaction-heavy workloads

Platforms

Tech Stack

Laravel
PHP
REST API

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Thanks to Acquaint Softtech Private Limited's efforts, the client experienced smoother internal compliance reviews, clearer audit trails, and better system data tracking. The team demonstrated excellent project management, always meeting milestones and responding promptly to the client's needs.”
Panayiotis Omirou
CEO
Date: 02/02/2026