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10 Billion Dollar Insurance Provide listed in the Middle East, providing insurance services and solutions right across MENA and Europe.
Background
Problem Statement
- Engineering vs Re-Engineering dilemma
- Competition going Digital.
- Lack of complementing technology road maps
- Ever changing Technology Landscape.
- No roadmaps for Technology to support business growth.
Solution
Credit Risk Analysis- Our Technology and Innovation & Engineering Office did an in-depth analysis of existing landscape.
- Understood Tech Debts and Matched against business objectives.
- Re-Architecting Solutioning
- Micro Services based Architecture.
- MVP on specific use case and scenarios.
- Blue Printing
- Phased Approach and backlog creation.
- Migration of front-end screens using existing services through wrapper component.
- Module wise front-end migration.
- Core services and business logic re-engineering.
- Portal Development
- Feature rich high impact features on portals.
- Seamless Integration through API’s to the core applications.
- Productization
- Database Agnostic
- Configurable
- Cloud Ready
Benefits
Built trust for technology migration.- Controllable project budgeting and scope which ensures a clear framework to measure ROI.
- Improved
- Maintainability
- Flexibility
- Observability
- Scalability
- 5X improvement in process efficiency.
- Last mile automation and digitalization.
- Enhanced customer experience.
- 3X improved speed for Feature time to market.
- 30% reduction in overall cost per feature.