Singlife has accomplished its cloud migration to AWS by transferring greater than 90% of its computational processes.
Consequently, Singlife is the primary insurer in Singapore to be totally on cloud, enabling the agency to avoid wasting S$5m in prices per yr.
Moreover, AWS and Singlife labored collectively in the course of the migration to raised guess buyer wanted within the improvement of its monetary merchandise and experiences. This implies assembly client demand for real-time, decreasing processing occasions, streamlining operations and decreasing prices.
As well as, Singlife makes use of Amazon Relational Database Service, Amazon Aurora (AWS’s totally managed MySQL and PostgreSQL-compatible relational database constructed for the cloud) to develop and convey new merchandise to market faster.
Additionally, Singlife has utilised AWS coaching to assist technical and enterprise leaders undertake a cloud-first mindset.
Romil Sharma, group head of know-how and operations at Singlife, stated: “The completion of this migration is a momentous event because it has given us a head begin in our cloud-first and now cloud-only technique. Singlife is constantly reviewing higher, quicker and extra progressive options in all that we do. We glance to proceed to reinforce our enterprise resiliency, safety and capabilities, to offer our prospects and neighborhood a greater method to monetary freedom.”
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Priscilla Chong, nation supervisor, Singapore, AWS, added: “Singapore’s monetary sector has seen fast digitalisation to create progressive merchandise which might be safe, resilient, and intuitive for purchasers. I’m thrilled that Singlife has accomplished its all-in migration to AWS forward of schedule to speed up its cloud-only development technique. Past enhancing buyer experiences via knowledge analytics, AWS is dedicated to serving to Singlife obtain its sustainability objectives, digitally practice its workforce, and constantly ship progressive new merchandise utilizing the cloud, AI, and generative AI to thrill its prospects.”
