Modernizing a 40-Year-Old Banking Platform with GenAI Innovation
Anonymous · Banking and Finance
EnterpriseoptimizationAscendion helped an anonymous banking client modernize their 40-year-old legacy platform using the AAVA Digital Ascender and AI bots. This project resulted in over 45% cost savings and a modularized platform designed for future expansion.
Products used
Challenges addressed
- –Modernizing a 40-year-old legacy wealth management platform
- –Addressing the complexity of 100+ approval levels
- –Handling high volume of transactions
Key metrics
- ✓45%+ cost savings achieved
- ✓Platform re-launched within 18 months for Release 1
- ✓Expected 33% savings in costs and resources within three years
