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Home / Case Study / Insurance Mainframe Core Modernization to Open Stack System on Cloud
SLK helps a Fortune 100 insurer to modernize their Core Mainframe application and migrate it to the cloud improving integration & customer experience, reducing total cost of ownership by 35%, and enabling 30% faster go-to-market.
A Fortune 100 insurer struggled with operational costs, workforce challenges, and M&A integration issues due to a legacy core mainframe application. We helped overcome these challenges by helping them move to the latest open stack technologies on the cloud: this improved business agility, customer experience, and streamlined M&A integration.
Although effective and capable in their time, many legacy systems face the uphill challenge of evolving, managing data, integrating with other systems, or keeping pace with the demands of end-users and modern technology. In addition, legacy systems incurred additional costs in managing them, and the client was locked in with the vendor. Finding people well-versed with mainframe skills was also a challenge, so talent availability was a risk. Finally, inability to evolve quickly meant they were not aligned with the business and couldn’t provide the agility needed in digital times, impacting the customer experience.
To overcome these challenges, live up to the digital economy’s demands, and streamline M&A integration efforts, the insurer decided to move to the cloud.
SLK partnered with the client and created a legacy modernization strategy to aid their move to the latest open-system-based architecture on the cloud. We also leveraged products and accelerators to jump-start the modernization efforts.
The key solution tenets included:
Savings
Speed to market
Lines of code migrated
The move to the cloud supported the business vision of the client. It enabled:
Together SLK and the client addressed the transformation need by using SLK’s proven methodology, frameworks, and accelerators for a faster and more successful legacy transformation journey.
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