UK Bank Partners with GlobalLogic to Implement Cloud-Native Data Solutions for Climate Goals
Customer Company Size
Large Corporate
Region
- Europe
Country
- United Kingdom
Product
- AWS
- Snowflake
Tech Stack
- Cloud-native data platforms
- Data warehousing
- Big data platforms
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Environmental Impact Reduction
- Digital Expertise
- Productivity Improvements
Technology Category
- Platform as a Service (PaaS) - Data Management Platforms
- Infrastructure as a Service (IaaS) - Cloud Computing
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
Services
- Cloud Planning, Design & Implementation Services
- System Integration
About The Customer
The customer is one of the top five banks in the United Kingdom, known for its proactive stance on climate change. The bank has committed to integrating climate considerations into its core strategy, aiming to lead in the UK and Republic of Ireland in addressing climate challenges. With a vast operational scale, the bank is focused on preparing itself and its customers for a low-carbon future, leveraging data to influence lending decisions and regulatory compliance. The bank's ambition is to create opportunities for customers in a low-carbon economy while ensuring security and compliance in its operations.
The Challenge
One of the UK's top five banks aimed to become a leader in addressing climate change by integrating climate considerations into its strategy. The bank needed to consolidate over 100 data sources to influence responsible lending and adhere to regulatory reporting. However, their existing tech solution was inadequate due to scale and agility concerns. They required a partner to execute a modern data architecture to meet their ambitious climate goals.
The Solution
GlobalLogic took on the role of technical leadership to design and implement a modern data architecture for the bank's climate data sources. Utilizing AWS and Snowflake cloud-native platforms, GlobalLogic developed a high-level solution design, built data ingestion capabilities, and ran proof-of-concept for orchestration tools. An Agile delivery team was deployed to ensure flexibility and expertise throughout the project. The new data warehouse allows the bank to make informed lending decisions, supports regulatory reporting, and provides a framework for measuring climate impact.
Operational Impact
Quantitative Benefit
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