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NTT LTD. helps union AMC in India accelerate their digital transformation journey

NTT Ltd, strengthening the UNION Asset Management Company Private Limited’s (Union AMC) digital infrastructure, with the deployment of a Software Defined Data-Centre solution in their drive to become agile, resilient and flexible to integrate with emerging technologies. Union AMC now ranks amongst the first public sector bank funded AMC’s in India to migrate their core business applications of funds investment to a Hyper Converged Infrastructure (HCI) platform in a high-availability mode.

Union Mutual Fund is co-sponsored by Union Bank of India, one of the leading public sector banks in India, and Dai-ichi Life Holdings, Inc., a financial services holding company incorporated under the laws of Japan. Union AMC manages its equity, fixed income, and balanced mutual funds for individuals and institutional clients.

A software-defined infrastructure transformation is not a future or an emerging trend in data centers anymore. It is the present, and it can enable financial institutions to stay competitive in today’s challenging business environment. With growing business demands, Union AMC’s current IT infrastructure needed a revamp to ensure that it boosts efficiency, security and be flexible to accommodate future technology enhancements. With this digital infrastructure transformation, Union AMC takes its first step towards a futuristic Hybrid IT Infrastructure adoption roadmap that is expected to optimize operations, minimize security risk, enhance infrastructure agility using automation and virtualization, and business scalability with an infrastructure that can host new applications and augment capacity on demand.

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