Established in 1947, our client is one of the most respected global financial investment firms. With 600+ experienced professionals working across 25 countries, the client specializes in providing outstanding asset management services to an extensive range of customers. They faced consistent pressures and novel opportunities as part of a constantly evolving industry. By working with HCLTech, our client managed these expectations by digitalizing their legacy reporting platform and introducing automation into their migration process for more efficient operations.
The Challenge
Keeping pace with changing business needs
In a fast-paced and ever-evolving industry, our client faced the challenge of staying ahead through continuous innovation and strategic adaptability. Their success hinged on agility and the ability to swiftly respond to emerging trends and opportunities.
- The client required constant innovation due to rapidly changing conditions and opportunities
- Strategies needed continuous adjustment to align with market changes
- Quick problem-solving was necessary across varied operating environments
- Agility and flexibility were essential for responding to new value propositions and challenges
- Staying up-to-date on industry trends was crucial for developing creative solutions
- Proactive and innovative approaches were needed to maintain a competitive edge
The Objective
Transforming legacy sales reporting with modernization and migration
The client needed a comprehensive solution to meet the challenges of today's ever-evolving business landscape. To stay ahead of competitors, they sought a partner that could help them digitalize their legacy global sales reporting platform, embed automation in their migration process for smarter Snowflake operations and implement global sales and asset marts (GSAM).
The Solution
An iterated approach to implementing a centralized data management platform
HCLTech's extensive experience of 15+ years in the industry facilitated the seamless implementation of domain-led IT solutions, driving global adoption and modernization of data platforms. This strategic approach enhanced analytics capabilities and operational efficiency for their clients.
- Collaborated with leading global investment managers, custodians and fund managers
- Implemented domain-led IT solutions supported by third-party product competency
- Enabled global adoption of Snowflake and standardized automation in data platform migration
- Modernized 1379 base tables, 445 aggregate tables, 390 files and 1414 jobs to Snowflake Cloud on AWS
- Acquired another company to offer two independent accounts of Snowflake on AWS and Azure
- Enhanced advanced analytics capabilities for sales and asset marts
The Impact
Smart operations, integrated advanced analytics enabling sales prediction
HCLTech delivered game-changing results for the client through our integrated approach and capabilities. We successfully implemented a Snowflake-powered centralized data management platform, deployed adaptive and scalable platforms to meet changing business needs, replaced legacy technologies with rationalized data objects leading to smart operations and integrated advanced analytics capabilities to enable sales predictions
