Modern system for insurance data management

Insurance

Modernizing product data ingestion and distribution

Development of a robust framework and a secure, automated solution to ensure smooth migration of data from legacy systems to AWS while maintaining flexibility in distribution across file formats and channels.

Client
A large NY-based life insurance and investment company
Goal
Create a secure, automated solution for data ingestion and a robust framework for distribution across channels
Tools and Technologies
Python, PySpark, AWS Glue/Redshift/Lambda/S3/Aurora, Stonebranch, Jira, Github
Business Challenge

The client used a legacy product data infrastructure (PACE) and other systems that provided neither fully-secure access nor enabled efficient quality checks. This affected system integration and data ingestion and distribution. 

Workflows and checks were not adequately automated, and they did not offer a reusable framework to generate and deliver outbound data files aligned with business requirements.

Solution
  • Created reusable and scalable ETL/ELT pipelines using Python and AWS services
  • Integrated Stonebranch for orchestration and automated job scheduling, with monitoring mechanisms and alerts 
  • Tuned Redshift queries and optimized data ingestion processes to reduce latency and improve throughput
  • Defined data specifications and output formats as per business needs
  • Built a configurable pipeline to create dynamic CSV/Excel files from Redshift views
  • Automated file delivery via email/SFTP monitored and orchestrated by Stonebranch 
Outcomes
  • Improved data distribution and a reusable framework for ingestion and distribution of data across existing and new products
  • Streamlined operations and improved data accessibility
  • Enhanced performance and scalability 
  • Ensured better data quality and governance with automation and structured reusability 
Contact

Our experts can help you find the right solutions to meet your needs.

Get in touch
Explore the world with Iris. Follow us on social media today.
Modernizing Java & Spring Boot with iRenew

Modernizing Java & Spring Boot with iRenew

Learn how enterprises can modernize legacy Java and Spring Boot apps using a semi-automated approach that improves performance, reduces tech debt, and accelerates time-to-market.




    Modernizing enterprise applications is a complex challenge. It often requires manual or semi-automated refactoring to assess the impact of upgrades, automation, and cloud migration. Key considerations include cross-platform compatibility, performance, security, scalability, and talent availability.

    Many enterprise systems—especially those built on older versions of Java and frameworks like Spring Boot—are reaching end-of-life. Java 8 and Spring Boot 1.x/2.x, for example, no longer meet today’s security and performance demands, prompting organizations to consider modernization.

    Iris iRenew offers a structured, semi-automated methodology to upgrade legacy Java applications. By combining open-source tools, refined processes, and deep migration expertise, iRenew drives 36–39% efficiency gains by automating key phases like discovery, refactoring, and testing.

    Read our Perspective Paper for a detailed playbook on the modernization journey, including key phases, measurable benefits, and a real-world case study.

    Download Perspective Paper




      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch

      Move to Singularity platform benefits insurer

      Insurance

      Move to Singularity platform benefits insurer

      Modernizing multiple legacy accounting systems into a unified AI-powered cloud platform achieves new levels of scalability and intelligent reporting.

      Client
      Large NY-based life insurance & investment company
      Goal
      Modernize multiple legacy accounting systems to achieve operational efficiency, scalability and improved data analytics
      Tools and Technologies
      Python, Oracle, SQL Server, AWS Server, Jira, Stonebranch
      Business Challenge

      The insurer sought a comprehensive cloud-based solution using modern infrastructure and automation to address key challenges. The Singularity platform was selected to integrate investment data from multiple accounting systems, including SS&C CAMRA, Blackrock, IDCFX, Mackay, and Marked Price, into a unified solution. The project aimed to modernize the insurer’s legacy Debt & Derivatives system, which was limited in functionality, lacked scalability, and hindered business growth due to its outdated, on-premises infrastructure.

      Solution
      • Seamless integration of data into and out of the Singularity platform enabled streamlined operations
      • Stonebranch Universal Automation Controller on AWS was leveraged to automate and schedule data extracts, ensuring timely and reliable data availability
      • Robust data integrity checks were embedded throughout the pipeline to maintain high-quality outputs
      • Tableau was integrated to deliver interactive dashboards, enabling data-driven decision-making across business functions
      Outcomes
      • The solution delivered greater scalability, system reliability, and data accuracy
      • The streamlined data ecosystem significantly enhanced overall user experience
      • Unified data and interactive Tableau dashboards established a single source of truth, supporting more informed business decision-making
      • The modernized platform enabled the generation of complex business-critical reports that were not possible with the legacy system
      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch
      Explore the world with Iris. Follow us on social media today.

      Legacy System Modernization for Cloud

      Insurance

      Legacy system modernization improves productivity and UX

      Upgrading technology infrastructure to modular, cloud-native design increases functional efficiency and security for major insurer’s commercial real estate business.

      Client
      Large NY-based life insurance and investment company
      Goal
      Modernize technology systems in commercial real estate functions to reduce bottlenecks, response times and vulnerabilities
      Tools and Technologies
      .NET 8, Angular 17+, Docker, Kubernetes, GitHub, AWS
      Business Challenge

      The insurer’s commercial real estate mortgage unit required upgrades to the technology systems supporting its loan processing and cash management capabilities. Reliance on .NET Framework 4.8 and Angular 9 posed significant limitations, including restricted agility, difficulty adopting microservices, and challenges attracting top engineering talent. The existing monolithic, non-cloud-native architecture led to performance bottlenecks and slow response times. Outdated protocols created security vulnerabilities, while limited DevOps integration and complex debugging made cloud migration costly and inefficient.

      Solution
      • Migrated the technology stack to .NET 8 and Angular 17+ for better cross-platform compatibility and long-term performance
      • Adopted Docker and Kubernetes to enable scalable, cloud-native deployments on AWS
      • Implemented CI/CD automation using GitHub Actions for faster and more secure release cycles
      • Refactored legacy application into a modular monolith and microservices for agility and maintainability
      Outcomes
      • Improved application performance and responsiveness delivered faster, smoother user experiences
      • Boosted developer productivity and team collaboration and streamlined testing and onboarding
      • Strengthened security and compliance with up-to-date platforms and better integration with security tools
      • Enabled scalable, reliable, simplified deployments using containerization and orchestration
      • Reduced long-term maintenance effort and costs through clean, modular code and better monitoring
      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch
      Explore the world with Iris. Follow us on social media today.

      Join us for Reuters Future of Insurance USA 2025

      Join us for Reuters Future of Insurance USA 2025

      Join us for Reuters Future of Insurance USA 2025

      Meet our Insurtech expert at FOIUSA 2025, where AI, data analytics, and digital transformation are a top focus for insurers and Iris Software.

      Reuters Events hosts this year’s annual Future of Insurance USA Summit on June 12-13, 2025, in Chicago, Illinois. The theme is Rebuild Trust at the Top, with a focus on the value that AI-powered tools, customer-centric products, and strategic collaborations can bring to insurers in all sectors of the industry. The emphasis on these topics are driving 500+ insurance leaders, innovators, and top technology providers like Iris Software to participate in the Summit.
      Abhineet Jha, Senior Client Partner, will represent our Insurtech Team at the event.

      Four main topic areas will be addressed in the presentations and networking discussions in support of the theme of the 2025 FOI Summit:

      1. Technology Innovation and Transformation, focusing on AI and Data Analytics
      2. Risk Management, including cyber threats and regulatory compliance
      3. Customer Experience, developing seamless UX, personalization, and enhanced communications
      4. Industry Collaboration, building strategic partnerships

      These areas are a top focus of the Insurtech services and solutions that Iris successfully provides to leading carriers in property, casualty, specialty, and life and annuity insurance.

      Discuss the evolving insurance landscape, Insurtech innovation, and your technology priorities with Abhineet Jha, our seasoned insurance expert, at Reuters Future of Insurance USA 2025.  Learn how insurers are partnering with Iris and applying our solutions in AI/ML, Application Modernization, Automation, Cloud, Data Science, Enterprise Analytics, and Integrations to advance their digital transformation goals.

      You can also contact our team and read more about our InsurTech Services and Solutions and successes in future-proofing insurance enterprises here: Insurance Technology Services | Iris Software.

      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch

      Meet our team at the Payments Canada Summit 2025

      Meet our team at the Payments Canada Summit 2025

      Meet our team at the Payments Canada Summit 2025

      Banking, financial services and payments technology experts, Subramanian Viswanathan, Mehul Shah, and Suneela Katikala, are attending this year’s Summit in Toronto.

      The 2025 Payments Canada Summit, themed Innovate-Collaborate-Transform, is May 6 - 8 at the Automotive Building in Toronto, Ontario. This forum is considered Canada’s premier payments event, bringing together more than 1,900 participants to discuss innovation, challenges and opportunities in this dynamic global industry.  Financial institutions, payments and technology service providers, retailers, monetary and regulatory professionals will connect, learn, and share ideas through presentation and networking sessions. The key topics relate to improving outcomes in digital payments, consumer experiences, risk and fraud mitigation, cross-border and other payments policies.

      Connect with three of our banking and financial services (BFS) technology experts at the Summit to discuss digital transformation and payment system modernization: Subramanian Viswanathan, Associate Vice President, Mehul Shah, Associate Director, and Suneela Katikala, Senior Client Partner. 

      The advanced technologies that Iris delivers – across AI / Generative AI, Application Development, Automation, Cloud, DevOps, Data Science, Enterprise Analytics, and Integrations - are driving innovations in the payments sector every day. Our experienced global team helps financial institutions and payments providers enhance operations, security, scalability, cost-efficiency, and compliance in the myriad platforms, processes and systems supporting their domestic and international payments transactions. Iris has served BFS clients for more than 30 years and was named a Leader in BFS IT Services by Everest Group in its PEAK Matrix® Assessment 2025. Iris is also PCIDSS 4.0-certified to ensure robust cyber security and compliance for our clients involved in payment card processing or that store, process, or transmit cardholder data and/or sensitive authentication data. 

      Contact our team at the Summit or anytime at Iris Software Banking and Financial Services to learn more about our future-ready technology solutions. You can also read our Perspective Papers for insights on Real-world Asset Tokenization, leveraging Generative AI for Asset Tokenization and the state of Central Bank Digital Currency.

      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch

      Join us at the InsurTech Hartford Symposium

      Join us at the InsurTech Hartford Symposium

      Join us at the InsurTech Hartford Symposium

      Learn how our innovative technology solutions help insurers future-proof their enterprises.

      The InsurTech Hartford Symposium 2025 is April 29 and 30 at the Connecticut Convention Center. The focus of the forum’s numerous speakers, sessions, and attendees is on innovation, and how it’s driving digital transformation and growth in the insurance industry.

      As most insurers’ strategic objectives include the improvement of product line innovation, personalized customer experience, operational efficiency and security, and compliance and risk management, partnering with experienced technology service providers like Iris Software is critical to their business success.

      At the Symposium, insurance leaders and innovators can meet Venkat Laksh, Senior Client Partner and seasoned InsurTech pro, to learn how insurers are applying our advanced software engineering solutions, in Application Development, Automation, AI / Generative AI, Data Science, Enterprise Analytics, and Cloud, to modernize tech infrastructure, optimize business competencies and secure their digital futures.

      Connect with Venkat at the InsurTech Hartford Symposium 2025 for beneficial conversation on the latest InsurTech innovations and trends. You can also contact Venkat and our InsureTech team and get more information about our InsurTech solutions and services here: Insurance Technology Services | Iris Software.

      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch

      Everest Group Names Iris Software a Leader in BFS IT Services

      Everest Group Names Iris Software a Leader in BFS IT Services

      Everest Group Names Iris Software a Leader in BFS IT Services

      We are proud to be recognized as a Leader in the Banking and Financial Services IT Services Specialists PEAK Matrix® Assessment 2025 by Everest Group, the first-ever for this category and for Iris!

      Iris is proud to be recognized as a Leader in the inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025 by Everest Group. This assessment is the first-ever for this category, and for Iris!

      We were evaluated along with 29 other BFS IT service providers on our market presence, value delivery, strategic vision, innovation, technical capabilities, functional knowledge, and buyer references.

      Pranati Dave, Practice Director, Everest Group, stated, “Iris Software’s expertise in capital markets and risk and compliance transformation, combined with a skilled talent pool and a strong reputation for execution, continues to drive its success with top-tier financial institutions. Clients have consistently recognized Iris for its low attrition, engineering rigor, and collaborative delivery model. Its investments in ML Ops, AI/ML, and modernization of cloud-based data and risk platforms have helped Iris earn a Leader recognition on Everest Group’s inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025.”

      Sunil Puri, President, Iris Software, stated, “We are honored to be named a Leader in BFS ITS by Everest Group. During our more than 30 years of growth in the BFS and other sectors, including Capital Markets & Investment Banking; Brokerage, Wealth & Asset Management; Commercial & Corporate Banking; Risk & Compliance; Retail Banking & Payments; Anti-Money Laundering & Know-Your-Customer; Insurance; Manufacturing; Logistics; Life Sciences and Professional Services, we have been a long-term partner in our clients' transformation journeys - helping to build, integrate and modernize complex platforms, systems, and applications.”

      When IT matters most, clients call upon Iris to provide mission-critical software engineering and advanced application development services across AI/Generative AI, Automation, Cloud, Data & Analytics, Integrations, DevOps and Quality Engineering.

      We remain steadfast in our vision of being our clients’ most trusted technology partner and thank our associates for their dedication and innovation.

      Learn more about our BFS services, value proposition and client success stories and contact our team today.

      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch

      LIMRA 2025 Workplace Benefits Conference

      LIMRA 2025 Workplace Benefits Conference

      LIMRA 2025 Workplace Benefits Conference

      Discuss the impact of digital transformation on insurers, benefits providers, and consumers with Venkat Laksh, our InsurTech expert, at the LIMRA 2025 Workplace Benefits Conference.

      The LIMRA (Life Insurance Marketing and Research Association) 2025 Workplace Benefits Conference takes place April 23-25, 2025, at the Encore Boston Harbor in Boston, MA. With this year’s theme, Pathways to Growth, industry leaders and participants will examine the business and technology trends affecting the North American workplace benefits market. Speakers and attendees, primarily carriers and brokers of life, health, and related insurance coverage, and providers of employee benefits and technology solutions, will explore strategies for growth while addressing shifting consumer needs, the latest digital tools and technologies, and an increasing focus on innovation, outcomes and collaboration.

      Venkat Laksh, Iris’ Global Lead – Insurance, and Senior Client Partner, will attend this forum. Iris provides leading insurance companies with advanced InsurTech services and solutions, including Software and Quality Engineering, AI/ML/Generative AI, Application Modernization, Automation, Cloud, Data Science, Enterprise Analytics and Integrations. These companies are applying next-generation, emerging technology through Iris to ensure their enterprises are future-ready, scalable, secure, cost-efficient, and compliant.

      Talk about your digital priorities with Venkat at the LIMRA 2025 Workplace Benefits Conference and connect with our InsurTech team anytime to advance your digital transformation goals: Insurance Technology Services | Iris Software.

      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch

      Enterprise-Grade DevOps for Scalable Blockchain DLT

      Banking

      Optimizing blockchain DLT with DevOps & SRE practices

      Enhance the scalability, resilience, and performance of blockchain DLT platforms with enterprise-grade DevOps and SRE practices.

      Client
      A leading provider of real-world asset (RWA) tokenization, digital currency, and interoperability solutions to the world’s largest financial players
      Goal
      To optimize blockchain DLT platforms for scalability, resilience, and seamless operations through enterprise-grade DevOps and SRE practices
      Tools and Technologies
      R3 Corda 5, Azure, AWS, G42, Docker, Kubernetes, Helm Charts, Terraform, Ansible, GitHub Actions, Azure DevOps, Jenkins, Prometheus, Grafana, Slack Integration
      Business Challenge

      Complex Multi-Node Deployments require a mechanism to upgrade CorDapps, notaries, and workers across network participants without downtime or compatibility issues. Meanwhile, security and compliance risks demand strict access controls, network segmentation, and security hardening to protect Corda nodes and ledger operations.

      For infrastructure scalability and automation, an efficient approach was required  for onboarding new participants and managing network topology across cloud environments. The lack of a Real-Time Monitoring system necessitated the detection of transaction failures, tracking node health, and providing proactive alerts.

      To address security vulnerabilities, continuous scanning and security enforcement across CorDapps, containerized nodes, and CI/CD pipelines were required.

      Solution
      • Enabled zero-downtime CorDapp deployments with automated rollback and stateful upgrades, ensuring stability and ledger integrity
      • Secured Corda nodes with RBAC, network segmentation, and security hardening, while optimizing autoscaling for dynamic ledger workloads
      • Automated Corda network topology and participant onboarding using modular Terraform & Ansible configurations, ensuring scalability and repeatability
      • Implemented real-time monitoring with Prometheus & Grafana, with Slack-based alerts for transaction failures and node health anomalies
      • Ensured high availability and auto-healing for Corda network nodes and ledger operations
      • Integrated DevSecOps with automated vulnerability scanning for CorDapps, containerized nodes, and CI/CD pipelines
      Outcomes
      • Accelerated blockchain deployment cycles through CI/CD automation increased deployment frequency by 40% and reduced failures by 60%
      • Optimized kubernetes workloads for Corda 5 through efficient resource management resulted in 15% cost savings and improved ledger performance
      • Scalable & secure blockchain infrastructure reduced manual intervention by 30%, enabling seamless scaling of Corda network participants
      • Proactive incident management for DLT networks through real-time monitoring cut response time by 50% for blockchain issues, ensuring high availability
      • Automated workflows accelerated development cycles by 25%, enhancing collaboration across blockchain and DevOps teams
      Contact

      Our experts can help you find the right solutions to meet your needs.

      Get in touch
      Explore the world with Iris. Follow us on social media today.