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MMC successfully reach for the cloud

MMC reached a milestone last week completing the migration of its core infrastructure to Microsoft Azure.

Monday, September 14th 2020, 6:00AM

After shifting all Aegis related systems to the cloud as part of the separation from ASB back in June, this latest move of MMC’s remaining systems completes a two year project and puts the entire MMC business in the cloud.

“We are excited to confirm our successful migration to the cloud”, says Vedran Babic, MMC’s CEO. “This migration means we are ensuring that both MMC and our clients’ businesses keep up to date with the latest technology available and our clients’ investors are provided with a world class infrastructure and support.”

With the recent acquisition of Aegis, MMC currently have over 100 clients made up of investment managers, product providers and groups of investment professionals, with a combined funds under administration of over $85 billion.

Tags: Aegis MMC

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AIA - Back My Build 4.94 - - -
AIA - Go Home Loans 7.49 ▼5.59 5.49 5.59
ANZ 7.39 6.17 6.04 6.19
ANZ Blueprint to Build 7.39 - - -
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ANZ Special - 5.57 5.44 5.59
ASB Bank 7.39 5.59 5.49 5.59
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BNZ - Rapid Repay 7.54 - - -
BNZ - Std 7.44 ▼5.55 5.29 ▼5.59
BNZ - TotalMoney 7.54 - - -
CFML 321 Loans 5.80 - - -
CFML Home Loans 6.25 - - -
CFML Prime Loans 7.85 - - -
CFML Standard Loans 8.80 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 5.49 - -
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Co-operative Bank - Owner Occ 6.95 5.59 5.49 5.69
Co-operative Bank - Standard 6.95 6.09 5.99 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - 5.99 5.89 -
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Heartland Bank - Reverse Mortgage - - - -
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ICBC 6.95 5.79 5.59 5.59
Kainga Ora 7.39 5.79 5.59 5.69
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 7.25 ▼6.45 ▼6.35 6.49
Kiwibank - Offset 7.25 - - -
Kiwibank Special 7.25 ▼5.55 ▼5.45 5.69
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Pepper Money Advantage 10.49 - - -
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SBS Bank 7.49 6.95 6.29 6.29
SBS Bank Special - 5.89 5.49 5.69
SBS Construction lending for FHB - - - -
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SBS FirstHome Combo 4.94 4.89 - -
SBS FirstHome Combo - - - -
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TSB Bank 8.19 ▼6.39 ▼6.25 6.39
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Unity 7.64 5.79 5.55 -
Unity First Home Buyer special - 5.49 - -
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Westpac Special - ▼5.59 ▼5.39 5.59
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