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All issuesVolume 303, Issue 3IT Vendor NewsAWS

Old Mutual Completes All-In Migration To AWS

AWS News, Wednesday, June 21, 2023

The premier pan-African financial services group is establishing a foundation for digital transformation on AWS-accelerating innovation, reducing IT infrastructure costs, and harnessing machine learning to deliver more personalized customer experiences

AWS announced that Old Mutual has closed its on-premises data centers and migrated its entire information technology (IT) infrastructure, including its banking, insurance, and wealth management systems, to AWS. The migration represents a significant step in Old Mutual's digital transformation. Old Mutual is using AWS's proven, secure, and highly performant infrastructure to decrease financial transaction processing time by two-thirds, reduce downtime by 50%, streamline the development of new and more relevant insurance products, and drive innovation across its business with machine learning (ML).

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