Case Study: Coronation Merchant Bank cuts IT costs by 40% and strengthens disaster recovery and scalability with Nutanix

Coronation Merchant Bank and Nutanix Forge a Tech-Driven Future

Coronation Merchant Bank, a Lagos‑based merchant bank serving high‑net‑worth individuals and large corporates across Nigeria, needed to extend services beyond its single head office but was constrained by a rigid, non‑scalable IT estate and uneven disaster‑recovery capabilities. That infrastructure slowed new service rollouts, left recovery times disparate across systems, and limited the bank’s ability to grow digitally.

The bank implemented a phased migration to Nutanix (Cloud Infrastructure with Prism, AHV and unified storage), moving non‑core systems in 2019 and core banking workloads later, plus Nutanix ITAM support and a tested DR setup with non‑core failover under 30 minutes. The change cut IT costs by over 40%, accelerated service deployment, consolidated the data‑centre footprint, and delivered greater scalability, resilience and operational efficiency.

Coronation Merchant Bank

Eshiovaze Momoh

Chief Technology Officer