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Cloud Migration and SaaS Product Suite Modernization for Financial Close Automation

99x.io

Information technology

Financial services

Legacy System Limitations and Market Demands

Existing desktop-based architecture lacked scalability and modern integration capabilities. Required continuous innovation to meet evolving customer needs while maintaining 15,000+ users across 20 countries. Needed agile development processes to incorporate client feedback during product development cycles.

About the Client

Global provider of financial close automation solutions with legacy desktop systems transitioning to cloud-based SaaS platforms

Digital Transformation Goals

Migrate legacy systems to scalable cloud-native architecture
Develop modular SaaS financial close applications
Implement continuous feedback integration mechanism
Expand global market reach through cloud deployment
Create interoperable product suite with unified data model

Core System Capabilities

Automated transaction matching engine
Balance sheet reconciliation workflows
Financial close task management system
Real-time analytics dashboard
Regional compliance configuration modules

Technology Stack Requirements

Cloud-native microservices architecture

Containerization (Docker/Kubernetes)

Serverless computing framework

Multi-tenant SaaS platform

DevOps CI/CD pipelines

System Integration Needs

ERP systems (SAP, Oracle, Microsoft Dynamics)
Banking APIs for transaction data
Identity management systems
Third-party financial data sources
Customer success platforms

Operational Requirements

99.99% system availability SLA
Horizontal scalability for 20,000+ concurrent users
Enterprise-grade data encryption
Multi-region deployment capability
ISO 27001 compliance

Business Transformation Outcomes

Enable 50% faster product iteration cycles, support 30% annual user growth, reduce infrastructure costs by 40%, and improve customer retention through continuous value delivery. Establish foundation for AI-driven financial process automation in future phases.