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 silos, 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.
With Cloudify the bank was able to receive environments on demand, being able to spin up entire app environments at the click of button, and then tear them down, making them ephemeral & DevOps friendly - provisioning of front end, back end, queuing, storage - which formerly was quite complex.
Cloudify was evaluated against Juju and Terraform, and was chosen due to its flexibility, and control over the entire lifecycle compared to other products - with strong API support, a DSL for manifest language and blueprint, as well as being able to define the application lifecycle management - even within a compute node on a specific process. Cloudify provided the full end-to-end solution they were looking for.
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.