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Core Legacy System Migration and Functional Enhancement for Business Continuity
  1. case
  2. Core Legacy System Migration and Functional Enhancement for Business Continuity

Core Legacy System Migration and Functional Enhancement for Business Continuity

future-processing.com
Insurance
Legal
Financial services

Challenges in Maintaining Legacy Insurance Administration Systems

The organization relies on aging legacy applications with limited documentation and complex business logic, which are becoming increasingly difficult and costly to support due to resource constraints, risking operational stability and compliance with evolving regulations.

About the Client

A large insurance organization focused on protection and indemnity coverage, maintaining complex, mission-critical applications requiring ongoing maintenance, enhancement, and compliance support.

Goals for System Modernization and Functional Optimization

  • Successfully migrate core legacy insurance management applications to a modern, maintainable platform (e.g., .NET), eliminating support risk.
  • Develop additional functionalities to automate repetitive tasks and improve operational efficiency.
  • Implement scalable and user-friendly interfaces to enhance user experience.
  • Ensure data integrity and seamless data migration for uninterrupted business operations.
  • Establish comprehensive documentation and support procedures for future maintenance and upgrades.
  • Foster ongoing collaborative support to adapt to changing legal and regulatory requirements.

Functional Capabilities for Modernized Insurance Management System

  • Migration of existing legacy applications to a modern, scalable platform with clear documentation.
  • Addition of functionalities that automate routine business workflows.
  • User interfaces optimized for ease of use across multiple device types.
  • Support for complex business logic and evolving regulatory requirements.
  • Real-time data access and reporting features.
  • Integration with external data sources and regulatory systems.
  • Support for continuous delivery of new features and updates.

Preferred Technologies and Architecture Approaches

Cloud-compatible architecture (e.g., cloud hosting, microservices).
.NET platform for application development.
Agile development methodologies with iterative delivery.
Comprehensive testing and quality assurance frameworks.

Essential External System Integrations

  • External regulatory databases for compliance checks.
  • Internal data warehouses for historical data analysis.
  • Third-party authentication and identity management systems.

Key Non-functional System Requirements

  • High system availability with 99.9% uptime.
  • Secure data handling compliant with industry standards.
  • Scalability to support increasing transaction volumes and user loads.
  • Maintainability with well-documented code and processes.
  • Performance metrics ensuring fast response times (e.g., under 2 seconds for key operations).

Projected Business Benefits of System Modernization

The project aims to eliminate the support risk associated with legacy applications, enabling ongoing system support and development. It is expected to improve operational efficiency through automation, reduce maintenance costs, and enhance user satisfaction with modern interfaces. These improvements will support the organization’s strategic growth and regulatory compliance, ensuring business continuity and agility in a changing environment.

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