The client is a leading American brokerage and banking company.
Infosys has partnered with the client on trading platform modernization program. Key objective of the trading platform modernization program is to modernize the 40-year-old mainframe-based technology platform in order to simplify and improve flexibility, scalability and delivery.
An application with multiple logical layers created to decouple customer facing systems from mainframe and to enable faster response. Multiple transaction systems consolidated and applications which support key functionalities like entry, status, routing and posting were unified.
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System was simplified with the use of NoSQL data
Enabled running application in different data centers
Transaction processing system on distributed environment reduced mainframe resource utilization vastly
Reduced mainframe server resources demand, especially during market open
Higher throughput and reduced latency, especially during market open with newer systems
Retirement of old system and data structure
Newer flexible and scalable system, which is more resilient to change and enables rollout of new functionality quicker than the earlier one
The solution reduced the MIPS by approximately 20%, thus, reducing the operational cost