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    • Application Management Services  
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  1. LTIMindtree is now LTM | It’s time to Outcreate
  2. Insights
  3. Enhancing the customer experience by modernizing a leading North American bank's contact center

Managed Services & Oracle Hyperion Application Upgrade for Africa-based Financial Services Group

Dec 01, 2021

  • Client
  • Business Challenges
  • LTI Solution
  • Business Benefits
  • Technology/Module/Version
  • Client
  • Business Challenges
  • LTI Solution
  • Business Benefits
  • Technology/Module/Version

Client

The client is an Africa-based financial services group that offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management, and bank assurance.

Business Challenges 

  • Hyperion-managed service support with onsite and offshore model  
  • Manage L2 and L3 issues for Hyperion suite of products 
  • Establish governance around the change management process 
  • Establish DR environment and ensure automated syncing with production
  • Automated process of data loading, validation, and consolidation  
  • Automation of various processes concerning Hyperion applications  
  • Reduce incidents leveraging root cause analysis and automation  

LTI Solution 

  • Successful upgrade – from 11.1.2.3 to 11.1.2.4 – within the stipulated time and budget, without any significant issue in production 
  • FDMEE data load process accelerated by 34% with parallel data load 
  • Email notification for triggering success/failure notifications for relating to each data load and overnight jobs
  • Reduced incident count by 51% due to permanent fixes for 98% of the issues 
  • 100% accuracy in the migration process using templates and automation 
  • 75s% improvement in implementing non-critical changes to production by segregating the change approval process. 

Business Benefits  

  • Set up DR environment at a low cost and ensured production sync with tailor-made scripts
  • Stabilized Hyperion infrastructure across all environments
  • Implemented infrastructure Health-Check Kit to automate the server maintenance process
  • Optimized Essbase ASO cube
  • Automated all Hyperion Application processes by implementing a maintenance kit
  • Developed knowledge management sites for each process
  • Established governance and process for migration and change requests 

Technology/Module/Version

  • Hyperion Financial Reporting 
  • Hyperion Financial Management
  • Oracle’s Essbase
  • Hyperion Planning
  • Hyperion DRM 
  • FDMEE
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Case Study
calendar June 3, 2024
Modernize Your Workloads on Snowflake with PolarSled
David Althoff
Chief Business Officer, Insurance

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