Banking

One of the largest commercial bank in Canada with a full range of financial services, including retail banking, wealth management
INTRO

One of the largest commercial bank in Canada with a full range of financial services, including retail banking, wealth management, capital markets, as well as specialized services in the United States and abroad.

INDUSTRY
Banking
PHASES
Manage
OFFER TYPES
Implementation of a Azure B2C environment
CHALLENGES

Since 2021, the company has entrusted FXi with managing and evolving its Azure environment, including technical and strategic tasks. FXi assessed the Azure platform's current state, daily activities, processes, governance, tools, and initiatives. This assessment defined necessary activities and opportunities for platform evolution.

Key challenges include continuing this commitment: platform modernization, security enhancements, process evolution, automation, and integrating the company and FXi business processes. Ensuring a smooth transition and providing strategic consulting to guide platform evolution according to industry best practices is crucial. This initiative involves renewing company's managed services contract with FXi's dedicated Azure squad, ending annually.

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SOLUTION

As part of this project to renew the managed services contract with FXi’s dedicated Azure squad, activities were divided into 3 categories:

  • 1 - Technical services
    • FX Innovation delivered workshops on governance, technological environment and operations.
  • 2 - Platform enhancements
    • Included on-site workshops (landing zone structure, connectivity and network, compliance and operational excellence). FX Innovation then implemented the Azure landing zone, including account structure, network and connectivity, IAM, as well as security and compliance.
  • Technology consulting services
    • Focused primarily on B2C design; it involved selecting and analyzing the selected application candidate, and then defining a technology target for the application candidate. During phase 3, FX Innovation designed the B2C solution architecture, which involved defining the technological architecture for the Azure B2C cloud infrastructure.
Win Insights
  • Expert Azure Team: Company benefits from a highly qualified Azure team dedicated to supporting their activities, ensuring seamless operations and continuous improvements.
  • Enhanced Security: By implementing robust security measures, company's Azure infrastructure becomes more secure, protecting sensitive data and maintaining compliance.
  • Process Automation: Automating processes leads to increased efficiency and reduced manual workload, allowing the company to focus on strategic initiatives.
  • Platform Evolution: the company receives expert guidance to evolve their platform, leveraging industry best practices for optimal performance and innovation.
  • Governance Excellence: Through appropriate governance, the company ensures their platform's development aligns with strategic goals, maintaining high standards and achieving long-term success.
OUTCOMES

Outcomes included efficient and secure management of NBC's Azure infrastructure, continuous platform improvement and cost optimization.

  • Enhanced Network Resilience: By deploying Azure Firewall Premium in a zone redundant mode, network outbound resilience in two main regions increased by 50%.
  • Improved Security Compliance: Implementation of new Landing Zone Policy-based controls ensured 100% compliance with CISO security requirements.
  • Cost Optimization: Utilization of Azure functions to stop DEV/non-prod VMs outside of business hours resulted in a 25% reduction in costs.
  • Platform Improvement: Development of 10 new modules in Terraform led to a 25% increase in the baseline repository, enhancing overall platform performance.

Next steps include continued operational activities, quarterly performance reviews, and identification of improvement opportunities to extend FXi's reach in the years ahead.

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