A multinational life insurance company was grappling with severe technological debt that threatened its competitive position. Years of mergers and acquisitions had left the organization with ten disconnected legacy data warehouses and over 100 disparate source systems, each with inconsistent data definitions. Critical actuarial calculations were taking more than 72 hours to complete, while quarterly regulatory reporting required an astounding 45+ days. The situation was further complicated by 70% of the IT budget being consumed by legacy system maintenance. This technical stagnation was not only impacting operations but also making it increasingly difficult to attract and retain top talent who were seeking opportunities with more modern technology stacks.
Lydatum architected and implemented a comprehensive cloud-based data platform that modernized the insurer's entire data infrastructure. The solution encompassed three key pillars:
The implementation followed a value-driven migration roadmap, starting with the most critical business capabilities while maintaining business continuity. A comprehensive inventory of systems and reports ensured no critical functionality was overlooked, while the new data operating model established clear ownership and governance structures.
The modernization initiative delivered transformative results across multiple dimensions:
The impact extended far beyond pure technical metrics. Regulatory reporting time was slashed from 45 days to just 10 days, dramatically improving the company's ability to meet compliance requirements. The successful consolidation of ten disparate warehouses into a unified platform eliminated data silos and created a foundation for personalized customer engagement initiatives. Perhaps most significantly, the project catalyzed a cultural transformation, with employees embracing data-driven decision-making and modern working practices. This cultural shift, combined with the modern technology stack, has made the company an attractive destination for top talent in the industry.
Technologies Used: Azure SQL, Azure Synapse Analytics, Azure Data Factory, Azure Data Lake Storage Gen2, Power BI, Informatica, Azure Databricks, Collibra, Terraform
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