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Application Modernization in Financial Services

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A dynamic mid-sized financial services company offering a range of innovative products and services.

Business Vertical:

FinTech

Challenge

Outdated and inflexible applications hindering scalability, innovation, and customer service.

Solution

Comprehensive modernization of applications, transitioning to a cloud-based, agile framework.

Process

  • Application Assessment: Conducted a thorough review of the existing application portfolio to identify modernization needs using tools like Azure Migrate.
  • Cloud Migration: Methodically moved applications to cloud platforms, optimizing them for the cloud environment.
  • Agile Development Practices: Adopted agile methodologies, enabling rapid development and deployment of financial services applications.

application-modernization-in-financial-services-challenge

application-modernization-in-financial-services-solution

Approach

  • Cloud Strategy Development: Used Azure Migrate and AWS Migration Hub for a data-driven approach to cloud migration.
  • Microservices Architecture Design: Implemented Docker and Kubernetes for creating a scalable and resilient microservices ecosystem.
  • Efficient Deployment Pipeline: Established a CI/CD pipeline using Jenkins and GitLab, facilitating continuous innovation and quicker market response.


 

Tech Stack

  • gitlab-logo
  • jenkins-logo
  • kubernetes-logo
  • docker-logo
  • aws-migration-hub-logo
  • azure-migrate-logo

Outcomes

  • 30%

    reduction in operational costs.

  • Weeks to Days

    Deployment cycles reduced from weeks to days.

  • 40%

    improvement in application performance.

"The application modernization journey has been a cornerstone in our strategy to enhance efficiency and customer satisfaction." - CTO

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Application Modernization in Financial Services
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Application Modernization in Financial Services

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