THE ASK

How can we simplify our technology estate, reduce costs and create a more scalable platform for future growth?

The client’s technology estate had grown in complexity, creating opportunities to reduce cost and simplify the underlying architecture. The organisation wanted to consolidate its technology platforms whilst ensuring the chosen solution could support its evolving business needs.

The challenge was to assess the existing estate objectively, understand the capabilities and costs of available platforms and make a robust selection decision. The client also needed a practical plan for implementing and retiring redundant applications with minimal disruption to the business.

THE APPROACH

Assessing the estate, selecting the right platform and planning the transition

We assessed the existing application architecture and provided an independent view of the estate, informed by comparison with peers across the market.

We engaged with leading platform providers to understand the scope of their offerings and assess the likely implementation and ongoing operating costs. We then led a structured selection exercise, taking the client from long-list through to preferred supplier, with SimCorp Dimension selected as the target platform.

Building on the selection, we developed a two-year implementation and application retirement roadmap, setting out the sequence of activities required to transition to the new platform and simplify the technology estate.

THE OUTCOME

A simpler, more cost-efficient technology estate with a clear path to modernisation

The client established a clear two-year roadmap for implementing the selected platform and transitioning away from redundant applications.

The programme enabled the retirement of approximately 50% of the existing technology estate and associated cost, significantly simplifying the technology landscape whilst creating a more scalable foundation for future growth.