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SEPA Compliance: Faster and at Half the Cost

Achieving SEPA compliance 30% faster and with 50% cost savings.

When a Tier 1 Global Bank faced an urgent SEPA compliance deadline, its outdated legacy systems threatened to derail the program. The bank’s vendor couldn’t provide an out-of-the-box solution, and upgrading the existing infrastructure would have taken 1.5 years and over £1 million—a timeline and cost that simply weren’t feasible.

RedCompass Labs stepped in, delivering a fully compliant solution 30% faster and at half the cost, all while ensuring zero maintenance overhead.

Our services in action

The Challenge

Outdated legacy systems

Outdated legacy systems made compliance a challenge—upgrading to meet SEPA requirements would have required 1.5 years of intensive IT effort, delaying progress and increasing costs.

Compliance challenges

A strategic solution was planned for after regulatory go-live, but the new system wouldn’t be implemented until then. With no out-of-the-box tactical solution from the vendor, the bank faced immediate compliance challenges and delays.

High vendor costs

The vendor’s tactical solution came with a high price tag—over £1 million, excluding maintenance, and still required at least six months of custom development. This made fast compliance both costly and impractical.

The Solution

Regulatory Accelerator

RedCompass Labs deployed its Regulatory Accelerator microservices to build a tactical wrapper solution, shielding legacy systems from channels and gateways while seamlessly translating 23 different message types—ensuring fast, compliant integration

Flexible architecture

The flexible architecture enables a gradual migration to the new system while ensuring a seamless transition. Once fully integrated, the tactical solution can be easily decommissioned, minimizing disruption and technical debt.

Enrichment modules

With built-in data consolidation and enrichment, the solution ensured zero data loss, providing complete accuracy and reliability across the payments ecosystem.

The Results

With SEPA Payments Regulatory Accelerator Microservices, RedCompass Labs delivered a tactical solution 30% faster, cutting deployment time to just four months—ensuring rapid compliance without disrupting operations.

By leveraging out-of-the-box components, RedCompass Labs cut costs by 50%, delivering a faster, more efficient solution—without the delays and overhead of building from scratch.

With RedCompass Labs Microservices fully integrated into the bank’s technical stack, the in-house team can manage them independently—resulting in zero maintenance costs and long-term savings.

30% Faster deployment

50% Cost-savings

Zero Maintenance costs

Fast, Cost-Effective SEPA Compliance

RedCompass Labs provided the agility and expertise we needed to achieve SEPA compliance on time and under budget. Their Regulatory Accelerator Microservices allowed us to deploy a fully compliant solution 30% faster than traditional approaches, all while cutting costs by 50%. The seamless integration into our existing tech stack ensured zero maintenance overhead, giving our team full control without reliance on external vendors. This solution not only solved our immediate compliance challenge but also laid the foundation for a flexible, future-ready payments infrastructure.

Vice President, Payments Solutions, Tier 1 Global Bank

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