Target State Architecture for Digital Transformation for a Leading Investment ManagerA Path to IT Optimization
A leading, European Investment Management firm wanted to expand its market footprint by leveraging digital technology. Determined to undergo a large-scale digital modernization of numerous legacy systems, it enlisted Synechron to propose a Target State Architecture, provide technology recommendations, and create a project roadmap for data and application integration layer. The firm was dealing with significant limitations due to a fragmented data landscape consisting of disparate siloed business solutions. The firm sought an agile and efficient design for the layer, which was expected to provide greater delivery agility, long-term cost reduction, and optimize the information technology (IT) landscape.
Synechron deployed a team of techno-functional consultants with extensive Financial Services industry expertise to analyze the client landscape with a balanced understanding of business, technology, and digital needs. The team hosted a series of workshops with key product teams, IT and business teams, and senior digital, data and architecture leaders to understand existing states, current challenges, and future ambitions. With these insights, team proposed a Target State Architecture which was aligned with The Open Group Architectural Framework (TOGAF) aspirational view to offer a singular and comprehensive solution.
The Target State Architecture proposal consisted of a multi-phased, organic evolution towards an end-state to allow for higher maneuverability through course correction and to deliver value sooner. The roadmap is designed to effectively remediate workflows between legacy and new architecture through a series of solutions, carefully advancing toward the Target State Architecture. To ease this progression, Synechron strategically proposed a technology stack and high-level data lake design. Additionally, to maximize the efficiency of the new architecture, DevOps transformation was integrated into the roadmap.
Delivering a Roadmap to Digital Transformation
We provided the following services to deliver success
Target State Architecture
Strategy & Operations
A global team with a laser focus
How we've helped
Developing a global MarketTech reporting platform able to transform regulation across financial services
Strategic client rationalization
Global Business Wind-down and Divestment