PUBLISHED DATE: 2024-05-15 03:42:44
How Cloud Adoption Sharpened a Global Investment Firm’s Competitive Edge
Transforming legacy workloads into cloud-native powerhouses.
Hampered by legacy on-premises systems, our client—a leading global investment banking, securities and investment management firm—recognized the need for transformation. So, they turned to the Publicis Sapient team—and our proven SPEED philosophy and deep engineering capabilities—to modernize their mission-critical workloads from on-premises to a cloud-native environment on AWS.
Client
Leading Global Investment Firm
Services
Technology & Engineering
Industry
Financial Services
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The Imperative for Change
Built on various outdated technologies, our client’s on-premises environment and legacy workloads posed significant challenges. Slow deployment processes hindered their agility and time-to-market, while limited deployment options and potential downtime due to component failure posed substantial risks. Additionally, the growing costs associated with maintaining and licensing these legacy systems were a mounting concern.
The Transformative Solution
Publicis Sapient conducted a comprehensive assessment of our client’s Asset Management (AM) digital external web properties, leveraging AWS cloud-native assessment tools, industry-leading practices, and close collaboration with the client's engineering team. This thorough evaluation laid the foundation for a well-defined business case and detailed migration roadmap.
The solution involved migrating and modernizing AM web properties for 48 countries with 12 "Individual Investor" sites, 24 "Financial Intermediaries" sites, and 44 "Institutional Sites," supporting eight different languages
The Impact
By migrating to AWS, the company overcame the limitations of their on-premises environment and legacy workloads, unlocking numerous benefits:
- Faster time-to-market and quicker adoption of new technologies
- Improved developer experience and increased team productivity
- Enhanced application performance and resiliency through scalable and highly available cloud infrastructure
- Robust monitoring and Site Reliability Engineering (SRE) practices for proactive issue detection and resolution
- Significant cost savings by eliminating legacy licensing costs
Our client can now focus on delivering superior digital experiences to their customers and staying ahead of the competition in the rapidly evolving financial services industry.
- 20% cost optimization
- 99% uptime SLA guarantee
- 75%+ enhanced application performance and availability
- 48 countries received modernized AM web properties
Tony Angeleri
Director, AWS Business Development for Financial Services
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Harsh Tyagi
Senior Specialist Platform
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