Case Study: European-Based Multinational Insurance Company achieves fast, cost-effective cloud migration with SS&C Technologies' Algorithmics solution

Financial Risk Management Cloud Migration A containerized approach is fast, efficient and cost-effective

European-Based Multinational Insurance Company, the largest financial services firm by revenue in its home country, needed to migrate its on‑premises financial risk management systems to the cloud while meeting strict security and compliance requirements. They worked with SS&C Technologies, leveraging the SS&C Algorithmics Market Risk solution and choosing Microsoft Azure with Azure Red Hat OpenShift (ARO) as the Kubernetes platform.

SS&C Technologies conducted a PoC and implemented a containerized, Kubernetes-based deployment of Algorithmics, getting the cloud solution live in under a week, enabling almost-instant patch delivery via container images and declarative configuration for instant changes. The result was significant cost savings on deployment, faster software readiness and environment duplication, reduced labor and error rates through consistent setups, and improved security and compliance.