Financial Exchange
Reviving a Financial Services Application
A financial exchange needed to keep its Angular 1 applications secure after the framework reached end of life in 2022, when upgrading wasn't practical. Ollon took over maintenance under an SLA, patching vulnerabilities directly in the framework's source code as discovered. The exchange has stayed secure and compliant on Angular 1 without migrating, and Ollon continues to provide support.
Situation
A financial exchange faced a critical challenge with its applications built on Angular 1, which reached end of life (EOL) in January 2022. With Angular 1 no longer receiving updates or security patches, maintaining compliance with industry standards became increasingly difficult. Upgrading to Angular 2 posed significant resource and time constraints, making it impractical in the short term.
Solution
Ollon stepped in to provide ongoing maintenance and support for the exchange's Angular 1 applications post-EOL. Operating under a structured SLA, Ollon ensures rapid response and resolution to any security vulnerabilities discovered in the framework. This proactive approach includes timely patches and fixes directly applied to the core library, enabling the exchange to continue using Angular 1 securely while adhering to regulatory requirements.
Results
Since Angular 1 reached EOL, Ollon's support has enabled the exchange to maintain application security and compliance without the need for immediate migration to a newer version. By mitigating risks associated with unsupported software, the exchange has sustained operational continuity and minimized disruption to critical financial services. Ollon's responsive maintenance approach has allowed the exchange to focus resources on strategic initiatives rather than software upgrades, ensuring stability and security in their application ecosystem.
Technologies
JavaScript, Angular