Case Study: a global top-tier asset and wealth management company transforms its data architecture with Progress Software’s MarkLogic

Global Top-tier Asset and Wealth Management Company slashes systems from 31 to 4 with Progress Software

A major global asset and wealth management company faced pressures to grow by offering personalized client services, but its plans were hindered by a complex legacy IT infrastructure and data trapped in silos. This prevented a complete view of customers and slowed the development of new products. To overcome this, the company partnered with Progress Software and implemented the MarkLogic data platform to transform its data architecture.

Progress Software provided the MarkLogic Data Hub as a solution, creating a unified 360-degree view of customer, portfolio, and transaction data. This served as an agile integration layer and data warehouse, ingesting 45GB of data daily. The results included a drastically simplified IT estate, reducing systems from 31 to just 4 within six months, and enabling faster time-to-market for new services through improved data harmonization, advanced security, and a cloud-based model.