Morningstar, a leading investment research and management firm, is launching a new retirement product called Plan Advantage on AWS as part of its cloud-first strategy.
Morningstar has more than $180 billion in assets under its management and advisement, providing customers with data on more than 525,000 investment offerings such as stocks, mutual funds, and other market vehicles, as well as real-time market data on nearly 18 million different global equities. The firm is launching its new Plan Advantage retirement product on AWS to benefit from scalability and cost savings.
“It was a logical choice to build the Plan Advantage application native on AWS and connect back to our datacenters for integration. The agility, flexibility, and availability of the AWS platform – coupled with the latest technology services and support provided before, during, and after the launch – ensures that we can address business and process changes at the same time as the rollout,” said Stephen Rylander, head of engineering for the Workplace Products division at Morningstar.
Read more customer success stories.