The company is one of the largest reinsurance companies in the world and offers a wide range of primary and health insurance products to businesses and private individuals as well as asset management.
- A publicly traded company currently has over 40,000 employees around the world
- Revenue of over $50 billion over its 4 business units
This tier-1 reinsurance company has big data computational requirements for actuarial calculations which are performed against a diversity of databases constantly. These databases run on nearly 600 OpenStack VMs, and need to continually be managed, monitored, and upgraded all while enabling continuous integration and development in testing and production environments.
Cloudify enabled this company to deploy databases on demand, manage them, upgrade them as needed through a simple application blueprint while tying all of the pieces of the infrastructure and application together. The complex architecture contains a management portal to request environment provisioning, an existing IaaS orchestrator that sends JSON requests to Cloudify, a DNS/DHCP that receives the IPs, OpenStack cloud, NetApp storage, Chef for application deployment, alongside 6+ backup and monitoring tools.
The client is one of the largest banks in North America, and the world (based market capitalization)
- With about 90 billion USD in assets
- Over 85,000 employees
- Over 25 million clients worldwide
- With more than 2,300 branches across North America
- Providing hundreds of services under three main business lines, two retail and one wholesale banking.
- Their services include digital banking, lending, investing, asset management, insurance, and more.
The organization was facing challenges with accumulating too much technology, in business siloes, that was not standardized and was fragmented across business units. The need to create a single source for their diversity of technology, along with a deployment model that was easily consumable yet scalable, by developers and operations alike across hybrid stacks and infrastructure.
The Cloudify team helped the banks’s team build a standardized selection of “certified” blueprints, that the client would be able to provide their 10+ lines of business (LOBs), in a simple web-based catalog for one-click consumption. This catalog gave the bank’s developers a simple method to configure and provision environments on demand to test their hundreds of applications and rollout new services, without the former time-consuming procurement cycles, or bottleneck of IT provisioning. Since the blueprints are written in simple YAML, developers were also able to modify and customize the blueprints to match the configuration needed for each particular environment, enabling level of flexibility a human operator would be able to provide.
The work of the Cloudify team enabled technology standardization across the entire business and all LOBs, in a multinational corporation, ultimately lowering the bank’s costs by 40%, enabling them to deploy over 5000 nodes on OpenStack in production, helped them introduce over 50 new digital services and technologies to their internal end-users and clientele, and seven new platforms, all in under one year.