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Financial Services

Legacy Financial Platform Modernization & Data Transformation

Legacy Migration, Azure Data Lake, Real-Time Analytics, AI-Ready Data
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A PE-backed financial services company originating $1B+ in loans annually had critical data trapped in a 30-year-old IBM AS400 platform. Cognativ designed and implemented a cloud-based data foundation on Azure that centralized loan origination and servicing data, shifting the business from reactive reporting to data-driven operational management.

Situation

PE-backed financial services company originating $1B+ in loans annually relied on a30+ year-old IBM AS400 platform. Critical operational and customer data remained trapped in legacy infrastructure.

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Challenge

Limited reporting, fragmented operational data, and slow business insights blocked modern analytics and AI initiatives. Leadership lacked the visibility required to drive scalable growth and improve lending performance.

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Solution

Cognativ designed and implemented a cloud-based data foundation on Azure that centralized loan origination and servicing data, enabling a shift from reactive reporting to data-driven operational management.

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Capabilities Delivered

  • Centralized Enterprise Data Lake
    Unified loan origination and servicing data on Azure, replacing siloed AS400 extracts
  • Modern Analytics Infrastructure
    Cloud-native analytics layer supporting portfolio, dealer, and borrower performance views
  • Operational Reporting Modernization
    Accelerated reporting cycles with near real-time insights replacing batch-driven legacy reports
  • Scalable Cloud-Based Architecture
    Azure-native foundation built to grow with origination volume and reduce legacy operational risk
  • AI-Ready Data Foundation
    Governed, structured data layer prepared for machine learning and predictive lending initiatives
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Impact

Enterprise-wide analytics platform enabling near real-time loan origination decisioning, improved dealer and borrower profitability visibility, and an AI-ready foundation that materially reduces long-term legacy operational risk.
$1B
+
Annual Loan Originations
AS to Azure
Legacy to Cloud-Native
Real-Time
Origination Decisioning
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