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CASE STUDY/ BANKING & FINANCIAL SERVICES

Global financial services leader saves 33% on IT infrastructure support

NextGen IT Operations

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About the customer

A leading global financial services provider, specializing in investment management, investment servicing, and market research for institutional investors.

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46,000+ employees

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100+ global offices

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Among the top 15 largest American banks

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Business challenges

Following a spinoff from a multinational financial services company, maintaining operational and business continuity was crucial to avoid outages and performance issues. Our client needed a swift transition of services and effective ongoing IT infrastructure management to protect customer relationships and brand image.

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Ensure high availability of critical infrastructure for continuous service delivery to internal users and customers.

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Minimize penalties by complying with ISO, SOX, and other industry standards and regulations.

3

Ensure business process continuity in the event of unforeseen disruptions through a robust disaster recovery plan.

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How Softtek comes into play

Through our long-standing relationship, we built a strong understanding of the client and became well-versed in their technology stack over time. Softtek consistently delivered IT infrastructure services such as system upgrades, migrations, integrations, multi-level (L1, L2, and L3) support, and infrastructure security via penetration testing. Implementing stringent compliance measures aligned with ISO and other prominent frameworks enabled us to minimize penalties.

Delivery model: Nearshore + offshore to maximize efficiency and minimize risk at a lower total cost of ownership.

Infrastructure scope: OS and software environment management, database support, business process support, network support, monitoring, and automation.

Compliance and best practices: Implemented ITIS best practices supported by Centers of Excellence for relevant infrastructure domains.

Disaster recovery: Participation in quarterly disaster recovery planning with business and IT teams to ensure readiness for any disruptions. The Nearshore + offshore model ensured that our teams were always in sync with the client's needs.

Service optimization: Implemented an IT observability model and achieved 100% automated infrastructure and process monitoring, leading to year-over-year efficiency improvements and preemptive failure prevention.

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Business impact

Softtek ensured uninterrupted scalability with 100% business continuity during projects. This helped the client reduce costs, accelerate performance, and enable a streamlined and consistent experience for business and IT users.

Softtek's Nearshore model was a driving factor behind the client’s cost savings and operational success, and our ability to consistently deliver great customer satisfaction reinforced the strength of our ongoing relationship with the client.

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33% savings on the total cost of support within the second-year post-transition.

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US $7M cost savings over five years post-transition.

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Zero losses from business interruptions during service transition.

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100% automated infrastructure monitoring.

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Extended the lifetime of the database platform by three years.

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