Cloud Adoption in Financial Services

Customer Challenge

With only 16 months remaining on their managed hosting provider contract, a large financial services company found themselves with numerous outages and an expensive managed hosting environment. They made the decision to migrate over 150 critical applications from a private cloud to public cloud, specifically Microsoft Azure. Given they operate in a highly regulated industry, our client had rigorous controls in place to ensure they can manage regulatory compliance and report back accordingly. The project started with a planned duration of 15 months, however at the end of that timetable, the project was behind schedule and they needed support.

Solution & Business Outcome

Azure Cloud Migration helped our customer save over $10 million a year in operational infrastructure costs for mission-critical applications.

ACTS team of cloud experts, including PMO leadership, Solution Architects, Technical Business Analysts and Migration Coordinators were engaged to enable a revamped Azure cloud migration program by creating a customized playbook, delivering technical workshops to align methodology and piloting an updated migration process. ACTS’ process put the migration on solid footing, creating the necessary procedures to cycle through the remaining applications and streamline the ticketing process, successfully migrating thousands of servers to Microsoft Azure in 10 months.

With the migration to the Azure cloud platform and away from the datacenter, our client can manage their applications easily with the ability to deploy new servers in minutes vs. weeks. This means faster refresh cycles for net new servers, expedited time to market, improved customer satisfaction and ability to deploy changes without taking their systems down. No longer in a managed hosting environment, they were not seeing the frequent outages that had impacted them.

Additionally, their data is hosted in Azure, providing scalable workload processing that supports the rigorous regulated industry compliance standards in financial services their productivity.

Best yet, cost savings ─ upon completion of their migration, our client found themselves decreasing redundant spend and saving over $10 million a year in operational infrastructure costs for mission-critical applications ─ which was the primary objective of the cloud migration.