Driving Efficiency: Investment Firm Delivers Faster Apps at Lower Costs with .NET Core & Azure Cloud

Chiranjayaprabhu H B

Chiranjayaprabhu H B

Lead Architect

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Investment Firm Delivers Faster Apps at Lower Costs with .NET Core & Azure Cloud

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About the Client

A leading Finance and Investments service provider serving customers across Europe. With decades of technology investments, the client had several mission-critical applications built on COBOL and .NET Framework, running on-premises servers. To stay competitive and agile, the client sought a cloud-first strategy to modernize its legacy application landscape.


The Challenges

  • Legacy stack limitations: COBOL + .NET Framework apps were hard to maintain, costly, and lacked scalability.

  • Infrastructure overheads: 80+ on-prem servers were consuming high operational costs and demanded frequent patching and upgrades.

  • Integration gaps: Legacy applications had limited APIs, making it difficult to integrate with modern web/mobile channels.

  • Business risk: Performance bottlenecks during peak hours, delayed releases, and dependency on a shrinking COBOL skill pool.

  • Client's need: A cloud-ready, future-proof solution with faster release cycles, reduced cost of ownership, and improved user experience.


The Solution

Our modernization approach focused on re-architecting applications while ensuring business continuity.

  • Assessed 15+ applications across COBOL and .NET Framework

  • Categorized workloads into Re-platform (lift-and-shift), Re-factor, and Re-build streams

  • Prioritized high-impact applications for .NET Core 8 migration and Azure deployment

  • Re-engineered COBOL modules into microservices with .NET Core, using REST APIs and gRPC for communication

  • Migrated on-prem SQL Server databases (50M+ records) to Azure SQL Database with Data Migration Assistant and Azure Database Migration Service

  • Adopted Azure Kubernetes Service (AKS) for containerized workloads to support scale-out patterns

  • Set up Azure DevOps CI/CD pipelines with automated builds, tests, and deployments

  • Implemented Application Insights, Log Analytics, and Azure Monitor for proactive monitoring

  • Applied Azure Security Center and RBAC to strengthen compliance and governance

  • Developed a custom interoperability layer to support phased COBOL to .NET Core migration, ensuring zero downtime

  • Introduced feature toggles to roll out new modules incrementally without disrupting end users



Business Impact

The modernization resulted in tangible business outcomes:


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Performance : Application response time improved by 65% (from 2.8s to 1s average).

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Scalability : Seamless handling of peak loads with autoscaling in AKS.

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Cost Efficiency : Reduced infra and licensing costs by ~40% annually.

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Agility : Release cycles shortened from quarterly to bi-weekly with DevOps automation.

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Resilience : Achieved 99.95% uptime SLA with Azure PaaS services

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Future-readiness : Applications now support API integrations for mobile/web platforms.

What the Client said......

The modernization from COBOL and .NET Framework to .NET Core on Azure has been a game-changer. We've achieved faster performance, lower costs, and can now innovate at speed. The team ensured a smooth transition with zero downtime, which exceeded our expectations.

Chiranjayaprabhu H B

Chiranjayaprabhu H B

Lead Architect

With 15+ years of experience in Microsoft technologies, Chiranjayaprabhu led the modernization journey, driving the transformation of COBOL and .NET Framework workloads into scalable .NET Core microservices hosted on Azure.

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