Technology outsourcing major Cognizant has helped Standard Life to deploy IT infrastructure to support business expansion.
Standard Life has around 4.5 million customers managing £328 billion in assets. Standard Life Investments actively manages £269 billion worldwide.
Cognizant managed third-party suppliers across communications, network and data centers of Standard Life for deploying a private cloud infrastructure, across two data centers, and migrating all business services to the new infrastructure.
Cognizant said the migration involved mainframe transaction platforms, online trading systems, telephony platforms, contact centers, and third-party investment links. The new private cloud solution has enabled Standard Life to reduce time-to-market and capital investment, deploy a pay-per-use pricing model, and improve operational resilience to provide consistent availability of business applications.
“The implementation of our Information Systems transformation program has given us a single approach to provisioning and managing our strategic IT infrastructure, as well as enhanced visibility into utilisation levels and operating costs,” said Stuart Robertson, head of IS Transformation at Standard Life.
Venu Lambu, global head of Markets for Infrastructure Services at Cognizant, said Standard Life now has a next-generation IT infrastructure that can enable the continued evolution of the company with a cost structure that is aligned with demand and usage.