Case Study: Global Financial Services Firm achieves cloud-native transformation and reduced maintenance costs with Cognizant

The Modern CIO’s Challenge How to Become Cloud Native

A global financial services firm faced growing pressure from fintech competitors, new transaction platforms and tightening regulation, but was held back by monolithic applications and slow, resource-constrained development processes. To remain competitive the CIO needed to become cloud native so the business could innovate faster rather than spend disproportionate time and money maintaining legacy systems.

Working with Cognizant and Pivotal, the firm formed a product-focused digital engineering team of cloud‑native developers, architects and product managers to refactor legacy apps on Pivotal Cloud Foundry, reuse microservices where possible, and adopt XP practices like pair programming for rapid, continuous delivery. The transformation cut systems maintenance costs, improved advisor productivity with easier-to-use apps, reduced time spent on upkeep and freed resources to accelerate delivery of new products and services.