Client Challenge
The client a European multinational Investment Bank and Financial Services Company, started a large global IT transformation programme early in 2016 with the goal of transforming 4,000 Applications and 104K servers/databases by 2023 onto cloud platforms.
The client set out to achieve two primary objectives:
- Reduce infrastructure and digital application opex costs by $1.5bn migrating to more cost-effective platforms
- Simplify the digital business by moving towards a reduced set of technology options
What We Did
- TORI developed a team of over 70 global resources to work closely with the client’s teams and vendor
- Transitioned to a managed service delivery model
- Advised on cloud strategy and target environments throughout the project
- Identified candidate applications for decommissioning and migration based on client requirements
- TORI rapidly provided resources and used the client’s processes and tools
- Industrialised client and vendor processes to support bulk migrations for both application and infrastructure
- Worked with client and vendor on business engagement and release management challenges
Outcome & Results
- Application Migrations and key Data Center exit delivered on time avoiding $150M legal and landlord costs for extensions
- Confidence in delivery with defined reporting, progress updates and lower tolerances in planned dates
- Improved throughput resulting in lower overall costs per migration, summarised saving of approximately $45-50M a year
- Enable delivery to focus on other key areas
- Service dovetails into existing bank processes and services, delivering change with controlled delivery into production environments
