Case Study: a financial institution reduces costs and onboarding time with Axway SecureTransport

How Financial Institutions Win with Modern Systems

A major regional financial institution and member of the S&P 500 faced significant challenges due to accumulating numerous legacy file transfer systems through years of growth and M&A activity. This led to high infrastructure costs, complex partner onboarding, security risks, and difficulties maintaining regulatory compliance. To address this, the financial institution partnered with Axway to consolidate its Managed File Transfer (MFT) gateway systems.

Axway implemented its SecureTransport solution and Gateway Rationalization Services to streamline and modernize the institution's file transfer processes. The project was executed in a phased approach to minimize business disruption, automate the migration, and expedite time-to-value. The results included a 20% decrease in maintenance costs, a 35% improvement in partner onboarding efficiency, and a significant reduction in data security and compliance risks, delivering substantial ongoing value for the institution.