FinTech

Acadian Asset Management

Modernizing and Migrating Technology Assets of a Storied Financial Services Institution

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Executive Summary

Key Challenges

Solutions

End Results

At A Glance:

30TB+

of data

200M+

daily observations

150+

global markets

About The Client:

Acadian Asset Management is a Boston-based institutional investment company with $100B under management. This client specializes in systematic investment strategies and risk-controlled portfolios managed on behalf of pension funds, endowments, foundations, governments, and other institutions globally.

Executive Summary

The client developed their infrastructure software over the span of 40 years using the Microsoft technology stack, deployed in three on-premises data centers around the globe. It was time to modernize.

“Our technological infrastructure transforms information into insights, providing interpretability to enable rigorous analysis by our investors as well as our partners.”
Acadian.com

Key Challenges

Acadian’s software included a complex SQL Server database, financial portfolio tracking and management applications, account tracking and management applications, regulatory compliance software, and much more.
The client was experiencing the classic difficulties of aging software: difficult to maintain, difficult to enhance, and increasingly expensive to scale any further their on-premises data centers.

Solutions

Create a Migration Roadmap

Planned a phased migration to the cloud, choosing AWS as the cloud platform.

VividCloud then developed a set of APIs on AWS to effectively encapsulate the aging SQL database and its tightly entwined business logic, providing the new cloud-native applications access to, and synchronization with, the legacy database.

Design for Acceleration

Since hundreds of new cloud-native applications are required to replace the legacy software, VividCloud helped Acadian get a running start by developing several Single Page Application templates in REACT to accelerate the replacement of the legacy C#/.NET application.

AWS Services Provided

AWS Lambda
AWS Application Load Balancing (ALB)
AWS Elastic Containers (ECR)
AWS Batch
AWS Data Migration Services (DMS)

End Results

Acadian was able to systematically migrate their business-critical applications to the cloud, and follow a measured plan to replace or modernize their many applications. As this work progressed, because of the systematic, Agile approach, Acadian was able to consistently service their clients without interruption.

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Acadian Asset Management

Executive Summary

Key Challenges