For over 35 years, the investment management firm has specialized exclusively in providing intelligently personalized portfolio management for high-net-worth individuals, families, and institutions with $1 million or more in investable assets.
The customer’s old monolithic on-premise legacy application served it well for close to two decades, but with new expectations of fast insights and on-demand scalability, the current architecture presented various issues, including restrictions on efficiency, interaction, and integration with other systems. The wealth management company needed an application that could reply under the desired SLA time and perform real-time portfolio computation based on input objectives and contributions as they intended to extend their operations across several geographical areas.
LTM partnered with the investment management firm to deliver the Wealth Management Platform on Azure—the Galaxy application. The platform integrates with multiple internal and external systems. The solution enabled the client to reduce the time required to create a proposal by 80%, resulting in a 15% reduction in the cost of sale.
