Case Study: Leading Global Financial Services Organization achieves 70% account migration cost reduction with Axway's AMPLIFY Managed File Transfer

Leading global financial services organization - Customer Case Study

A leading global financial services organization serving millions of consumers, businesses and institutional clients faced a major account migration challenge: securely moving sensitive account information while cutting high operational costs, meeting SLAs, reducing onboarding times and gaining visibility into data flows to avoid compliance risk. The complexity and scale of the effort threatened customer experience and profitability unless the process could be streamlined.

The bank implemented AMPLIFY Managed File Transfer, using API-driven automation and self-service capabilities to systematize migrations, provide track-and-trace visibility, and monitor transfers in real time. The initiative cut account migration costs by 70%, delivered a 14% immediate reduction in operational resources, reduced onboarding time by 50%, produced $5M in annual operational savings (with projected future savings of $10M), and completed the project on schedule without disrupting milestones.