Case Study: a Fortune 100 insurance leader achieves 20% cost reduction with Trianz Concierto Migrate & Modernize

a Fortune 100 insurance leader cuts annuities platform costs 20% with Trianz

The customer, a fortune 100 insurance leader, faced significant challenges with its 15-year-old monolithic annuities administration platform. This legacy system had a high total cost of ownership, accumulated technical debt, and constrained scalability, which limited business agility and innovation. To address this, the insurer engaged Trianz and its Concierto Migrate & Modernize platform.

Trianz implemented a two-phase solution, first migrating the platform to AWS and then modernizing its architecture. Using Concierto's AI-powered capabilities, Trianz transformed the monolith into a cloud-native microservices architecture. This resulted in a 20% reduction in operational costs, significant improvements in scalability and performance, and enhanced development agility for the customer.