The challenge
A multinational financial services company was functioning with a legacy teller platform, with a local server running at each of its 5,000+ US retail bank branches. The monolithic legacy platform limited the bank’s ability to roll out new features, as it required substantial effort and time to manually deploy new features to all its branches. The bank also wanted to migrate from its existing in-branch server model to a high-performance, browser-centric application with a centralized infrastructure that would speed time to market, lower costs and help improve customer experiences. The bank engaged Cognizant to help with the modernization initiative.