Case Study: Syntel achieves 50% licensing cost reduction and improved reporting performance with TIBCO Jaspersoft

Syntel Delivers the Power of Open Source Computing to Financial Services Giant with Jaspersoft BI Solution

Syntel partnered with a global financial services giant that relied on a legacy reporting system generating over 1 million transactions per month but faced end-of-life support from the vendor. The client needed a feature-rich, pixel-perfect reporting tool that required no changes to databases or interfaces, supported easy deployment and self-service, and avoided costly licensing, upgrade and infrastructure issues.

Syntel selected and implemented Jaspersoft’s open-source BI, migrating 350 users and 13,000+ historical reports, adding custom features, training staff, and phasing out the old system. The change cut licensing costs in half, is projected to save more than $500,000 in three years, delivered nearly $1M in hardware and infrastructure savings with a 40% CPU reduction, improved reporting performance, and set the stage for broader open-source adoption enterprise-wide.

Syntel