Skip to main content

Driving Efficiency in the Cloud: Transforming Data Operations with a Cloud-First Strategy for a Large UK Bank

article banner

Overview.

A major UK bank faced the challenge of managing vast on-premises data while seeking to optimize operations and gain insights. The bank aimed to migrate to a cloud-based environment, establishing a centralized platform for data, governance, security, and analytics. Additionally, seamless data replication between on-premises and cloud was essential for a phased migration. 

Challenges.

  • Managing and leveraging vast on-premises data
  • Establishing a cloud-based data operating model
  • Ensuring seamless data replication between on-premises and cloud
  • Implementing robust data security and governance measures

Solution.

Coforge implemented a comprehensive AWS cloud solution to address the bank's challenges. Key components included: 

  • Migrating all data requirements to AWS 
  • Developing near real-time dashboards using Power BI with automated provisioning 
  • Integrating automated monitoring with self-healing mechanisms and machine learning 
  • Building predictive models for fraud detection and transaction monitoring

The Impact.

20%

Headcount reduction

99%

Real-time monitoring success rate

30%

Reduction in false transaction monitoring alerts

50

Basis points Fraud reduction

99%

Anomaly detection accuracy

Bring us your challenge.

Let’s Coforge your next success story.

Related reads.

WHAT WE DO.

Explore our wide gamut of digital transformation capabilities and our work across industries.

Explore