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Antares – Divestiture

Migrated over $120B in syndicated financing deals from legacy systems to a net-new Azure based client-owned systems.

1Rivet helped the client completely migrate off 30+ General Electric (GE) legacy systems when GE Capital divested the Antares private-equity line of business. All front, middle, and back office processes and data were migrated into an entirely new set of Azure based, enterprise applications. Completed on schedule within 14 months to fulfill contractual agreements as part of the divestiture

Outcome

  • Setup baseline functionality and reporting to ‘run the business’ Day 1 post migration from GE Minimal to no disruption to the  business at any point during the divestiture timeline
  • Provided auditable documentation for all key activities needed to complete the divestiture
  • Leveraged 1DataServices to validate source to target data migration metrics
  • Full front to back enterprise integration, tested, verified and reconciled on Go-Live weekend (verified by internal and external audit
  • Setup all new integrated front and back office cloud-based (MS Azure) enterprise systems including a DWH with visualization (Power BI & Spotfire) to replace 30+ legacy GE business and supporting systems
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Industries
  • Financial Services
Capabilities
  • Cloud Transformation, Data Architecture Engineering, Merger Acquisition, Quality Engineering, Software Engineering, Technology Platform
Scope Of Service
  • Architecture Design, Command Center Management, Data Conversion, Development, Dress Rehearsals Go Live Activities, External Vendor Management, Program Management, Requirement Gathering, Testing