Strategizing a Roadmap to Modernization
Challenges:
Lewtan was struggling with product maintenance management. They needed to consolidate their business.
Industry
Financial Services
Solutions:
Strategizing a roadmap to embrace modernization
Results:
Fingent helped the client develop efficiency and productivity through business consolidation.
Locations:
US
About the Client
Lewtan is the leading provider of a wide range of content and technology-based solutions to members of the global asset-securitization industry. These include issuers, investors, underwriters, servicers, credit enhancers, and rating agencies representing more than 300 institutions worldwide that rely on Lewtan intelligence and surveillance solutions.
Lewtan’s product maintenance management was a growing concern. Consolidation was a key issue as their products were developed from different business and technology streams. Lewtan approached Fingent to help them assess their current business and technology scenario and provide a road map towards modernization.
Case Overview
Fingent deployed a thorough study of Lewtan products, processes, and infrastructure. This study involved detailed product overviews from product managers, a detailed overview, and an application demo. Fingent also reviewed code snippets and database schema, as well as the infrastructure and management setup.
Based on the results of this study, Fingent formulated an extensive set of recommendations for Lewtan. With Fingent’s roadmap, Lewtan could understand its business scenario and execute adequate steps to increase its efficiency. Fingent’s strategy also helped Lewtan modernize its products, effectively and efficiently reaching a far wider audience.
CHALLENGES
Roadblocks Faced in the Existing System
Fragmented Product Maintenance
Lack of Consolidation
Outdated Infrastructure
Scalability Issues
Limited Market Reach
SOLUTION
Fingent’s Approach - Boosting Efficiency and Productivity Through Business Consolidation
Fingent strategized adaptable business process plans that helped Lewtan streamline critical business functions. On the technology front, Fingent identified gaps in the latest versions of their financial service products and supported their modernization.
Identified technology gaps
Crafted a cloud product consolidation strategy
clearly defined a migration path
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BENEFITS
Making an Impact on Client Success
Fingent’s strategic approach enabled Lewtan to streamline operations, modernize its technology landscape, and consolidate its cloud products, ensuring enhanced efficiency and scalability.
Improved operational efficiency through process streamlining.
Simplified source code management, reducing maintenance complexity.
Developed a structured cloud migration strategy for improved agility.
Provided a clear roadmap for efficient technology transition.
