Across industries, mergers, acquisitions and divestitures make special demands of the IT function. The need of the hour is to preserve business continuity even as critical systems are modiﬁed or entirely new systems put in place.
Here is how Mindtree helped a ﬁnancial services enterprise migrate its applications and upgrade vital systems following its acquisition by a private equity ﬁrm.
Following an acquisition, the customer needed to set up an infrastructure stack and migrate applications in a short span of time without impacting its business. They also needed to set up a data center and operational data store. In addition, the customer faced issues such as:
The customer chose Mindtree for our extensive technology and ﬁnancial domain knowledge. In particular, we were chosen for our ability to migrate key applications and build them on a future-ready platform, without compromising accuracy or performance standards.
Mindtree collaborated with the customer on its most pressing IT needs:
Mindtree helped the customer develop or migrate all its home lending applications. Migrated applications included a customer service website, property validation application, middle tier services and SQL server integration services package.
We also developed intranet applications to print UPS shipping labels and improve loan boarding. Previously, each boarding used to consume resources across various departments and took 4-6 months to complete. With a new process, the customer can complete the boarding with 45 days and manage two loan boarding processes simultaneously.
We set up an operation data store and daily data warehouse loads. We also set up Windows servers and SQL Servers with space estimation and IO stress test to support the system for the period of three years.
Mindtree continues to work with the customer on application maintenance, production support, reporting, enhancements and application development.