A government financial institution improved its cash flow by 40%

A government financial institution had core applications based on old technology, both in terms of the hardware and the software stack. They needed to upgrade the same with minimal downtime and a seamless transfer of all data from old applications to the new ones. They also wanted to avoid managing the hardware infrastructure considering the TCO, ROI and technology obsolescence issues. Besides, being a financial institution, they could do better with an OPEX model rather than locking their money.

We provided a comprehensive solution by providing complete infrastructure and application support for the old application while the new application was being developed. Besides, we also converted the entire capital investment into operational expenses by structuring the deal innovatively. The customer got the whole technology as a managed service against a simple monthly subscription.

As per the customer, this resulted in an improvement in their cash flow by 40%.

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