Case Study: Large Canadian Insurance Company and Financial Services Provider achieves 50%+ operating cost savings and faster data loads with Hexaware

Large Canadian Insurance Company and Financial Services Provider - Customer Case Study

Large Canadian Insurance Company and Financial Services Provider faced an aging, unsupported technology stack—.NET 1.1 and SQL Server 2000—that was not scalable and increased maintenance and data-center consolidation risk. They engaged Hexaware to modernize the platform (using an automated upgrade wizard tool) to move to .NET 3.5 and SQL Server 2008, enable future Microsoft-based enhancements, and reduce manual maintenance and time-to-market.

Hexaware delivered a phased, automated migration (.NET 1.1→3.0→3.5) and parallel SQL Server 2000→2008 upgrade, plus SQL/script rewrites, code cleanup, legacy dependency removal, and report consolidation. Hexaware’s work produced measurable results: over 50% operating cost savings across front/back-office processes in two years, about a one-hour reduction in large data load times, and a scalable platform that supports new applications (e.g., hedge analytics); the engagement has continued for more than five years.