How Morgan Stanley Scaled Their Growth with Terma’s Solutions
November 21, 2019 1:57 pm
To grow their business, many organizations rely on technology to automate various complex operations while maintaining the infrastructure and critical systems already in place. Automation tools help to manage complex environments at scale, all while controlling cost and offering centralized management capabilities that support growth. One company that benefited from automation technology to support growth and scaling is Morgan Stanley—an American multinational investment bank with yearly revenues greater than $37 billion. Morgan Stanley needed help managing and streamlining the large information systems that are most crucial to the health of their company and its growth. Their systems required efficient management and continuous evolution to meet the demands of customers and the markets that impact them, so they sought out tools that would enable centralized management for their workload automation to remedy fragmented operating models and high maintenance costs.
Scaling a business means enabling and supporting growth in your company through planning and implementing the right systems, processes, and technology. In Morgan Stanley’s case, the company had acquired multiple workload automation products from different vendors over the years, in addition to developing their own workload automation solutions to meet specific demands that were not addressed by commercial vendors. This led to an environment that was inefficient, complex, and a challenge to resolve problems in, costing the company significantly in terms of operating expenses and risk. Morgan Stanley was successful in scaling their growth with the support of Terma’s workload automation solution because it afforded them the ability to view and monitor the entire workload environment from both application and business lenses.
Morgan Stanley determined that Terma Software’s solution was the best option to help them achieve their goals in considerably less time than it would take to develop in-house while significantly reducing the ongoing risks and costs associated with maintaining their own solution. Moreover, they learned that there was no other solution like Terma’s on the market that could address automation products from multiple vendors and allow for integration of external applications that triggered events and impacted their workload. Terma’s solution helps customers with improved visibility into workload processes, configuration and monitoring of defined service levels (SLAs), predictive monitoring and alerting, root cause analysis for solving problems quickly, and design analysis for continuous batch improvement—all capabilities that support growth and scaling.