Application Modernization Enables Operational Efficiencies for an Investment Management Major

Client Overview

A major investment management firm specializing in wealth management and asset servicing faced operational hurdles due to disjointed legacy systems. They needed a unified solution to enhance efficiency and decision-making across their asset servicing functions.

Business Challenges

  • Inefficiencies due to Disparate Systems: Siloed legacy systems led to data duplication, manual efforts, and inefficiencies in asset servicing operations.
  • Delayed Decision-Making: Stakeholders lacked a comprehensive view of asset data, hindering timely decision-making.
  • Integration Bottlenecks: Poor system integration disrupted downstream applications, delaying insights delivery and operational efficiency.

Indium Solution

Indium orchestrated a transformative solution leveraging Mendix, delivering:

  • Centralized Operations: Consolidated legacy functionalities into a modular Mendix application, ensuring a single source of truth for asset data.
  • Automated Workflows: Streamlined manual processes across asset servicing with automated document capture, data migration, customer onboarding, and document tracking.
  • Agile Development Approach: Adopted agile methodology with 3-week sprints for continuous improvement and alignment with evolving client needs.