Coforge has been a strategic partner to this global wealth management leader for over 25 years, playing a pivotal role in building and transforming their technology landscape. Over the last 8+ years, Coforge has collaborated with the client to develop a Next-Gen Wealth Management Platform, moving from a legacy, iterative development model to a SaaS-based, API-driven, Scaled Agile Framework (SAFe®) execution approach.
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The modernization journey addressed major challenges, including:
- Fragmented development across multiple teams
- Heavy infrastructure requirements and complex multi-branch code management
- Long deployment cycles with limited business value realization
- High operational overhead due to manual processes
The result is a next-generation wealth management ecosystem with a unified single customer view, seamless advisor workflows, and improved investor experience.
Business Objectives & Strategic Vision
Solution Scope & Platform Architecture
Coforge supported the client in reimagining their wealth ecosystem through:
1. SaaS Product Architecture
- Cloud-native, multi-tenant platform
- API-first design enabling subscription-based engagement models
- Ability to configure instruments, pricing, and distribution across multiple client platforms.
2. API-Based Integration
- Unified API gateway enabling secure integration
- High volume ingestion from 3rdparty systems, custodians, market data providers
- Support for 130+ global exchanges and 43 currencies
3. Investor & Advisor Experience
- Mobile-first investor front-end
- Goal-based investment journeys
- Relationship-360 view for advisors
- Portfolio analytics & benchmarking dashboards
4. Data Integration & Reporting
- Centralized data warehouse
- Advanced performance analytics
- Cross-platform data feeds for banks, exchanges & brokers
