Driving Modern Work in Financial Services
Driving Modern Work in Financial Services
Journey to enhance business resiliency, information protection and deliver a more flexible, modern way of work sustainably
60%
Observed a 60% reduction of its carbon footprint.
70%
Migrated 70% workloads to cloud.
Overview
A company in the investment management industry was facing challenges with its on-premises datacentre and disaster recovery services. The model was complex and costly, limiting flexibility, growth, and the adoption of new technologies.
To address these issues, the company set two primary objectives when it began its cloud transformation: to enhance business resiliency and deliver a more flexible, modern way of working for front-office and client-facing users.
Challenge
- The company needed to enhance its business resiliency and deliver a more flexible, modern way of working for its employees.
- Reliance on an on-premises datacentre with failover disaster recovery services in a partner-managed colocation site was limiting the company’s flexibility and growth.
- Running a datacentre on-premises led to costly infrastructure maintenance and upgrades.
- Adoption of new technologies was limited due to the complexities of the existing model.
Solution
- The company implemented a cloud transformation strategy to enhance business resiliency and deliver a more flexible, modern way of working for front-office and client-facing users.
- Microsoft Azure was chosen as the cloud provider, with a comprehensive range of Azure resources deployed, including Azure Site Recovery, Azure Backup, and Intune for managing staff laptops.
- Microsoft 365 E5 was also deployed extensively, with Microsoft Teams replacing the previous telephone network and communication channels, and SharePoint used for file storage and sharing.
- The company moved to the cloud with Azure to support its sustainability targets. The cloud infrastructure helped the company to reduce emissions and step up for climate change.
Results
- The company was able to decommission its physical disaster recovery datacentre and move closer to full cloud adoption, ensuring data was always available.
- The company migrated 70 percent of its server infrastructure to the primary datacentre, and the remaining 30 percent will be brought over next year.
- With recent acquisitions, the company was able to integrate the new businesses into its Microsoft cloud tenant far more efficiently than it would have been with an on-premises datacentre.
- The company was able to enhance business resiliency and deliver a more flexible, modern way of working for front-office and client-facing users.
- Observed a 60% reduction of its carbon footprint with Azure, saving 5,250 kilograms of CO2.
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