Modernizing Global Financial Systems Through Strategic Cloud Transformation

Modernizing Global Financial Systems Through Strategic Cloud Transformation

Situation

Invesco was operating with an outdated on-premise core financial and procurement system that required continuous investment while delivering diminishing returns. The legacy technology created significant limitations in reporting capabilities, process automation, and data reliability, while also increasing the organization’s technical debt and operational risk profile. Leadership recognized the need for a comprehensive cloud modernization program to transform their financial technology infrastructure, improve operational efficiency, and enable advanced analytics capabilities. The initiative required global coordination across multiple functions and regions, demanding sophisticated program leadership to ensure successful cross-functional execution and governance throughout the transformation.

Our Solution

Thought Logic partnered with the Finance and Technology functions to execute a comprehensive cloud modernization initiative spanning global procurement and finance operations. Our approach combined strategic vendor evaluation with hands-on program leadership, focusing on two critical areas: comprehensive vendor evaluation and business case support, and global program leadership and governance. We facilitated the complete software selection process, including systems integrator RFP management and business case development to secure executive funding. Our team then provided global program leadership, establishing agile PMO frameworks and cross-functional governance structures to ensure seamless execution across all business units and geographic regions.

Stakeholders

Our Clients

  • Information Technology leadership and cloud infrastructure teams

  • Finance and Accounting executives and operational teams

  • Global procurement and vendor management specialists

  • Change management and training coordinators

Our Solution Team

  • Cloud transformation and platform modernization experts

  • Finance system implementation specialists

  • Global program management and governance leads

  • Vendor evaluation and technology selection consultants

Achievements

The transformation positioned Invesco with modern, scalable financial systems that support continued growth and operational excellence.

Strategic Technology Transformation

  • Comprehensive business case development that secured funding for Oracle Cloud implementation across global operations

  • Successful vendor selection and onboarding of software vendor and systems integrator to support planning, pre-implementation, and full implementation phases

Global Program Excellence

  • 400+ person global implementation team successfully mobilized with new Agile capabilities and cross-functional coordination

  • Integrated Oracle Cloud solution designed, developed, tested, and delivered across 15 product categories, resulting in full implementation of modernized financial and procurement systems

Organizational Capability Building

  • Eliminated technical debt and operational risk through modern cloud infrastructure

  • Enhanced reporting, automation, and data quality capabilities across all financial processes

  • Built sustainable agile program management capabilities for future technology initiatives

  • Established governance frameworks that enable continued innovation and system optimization

  • This established Atlanta-based financial services company faced a critical strategic challenge as fintech disruptors were rapidly attracting consumers away from traditional banking relationships.

Accelerating Fintech Market Entry for Leading Financial Services Provider

  • Cox Communications, Inc. was transitioning from startup mode and needed to mature their approach to business performance measurement across all critical functions.

Unifying Performance Intelligence for Cox Communications’ Growth

  • InterContinental Hotels Group (IHG) had developed an aggressive transformation strategy to modernize their Commercial & Technology organization, aiming to streamline processes and enable end-to-end accountability for technology products that would drive enhanced value for guests, owners, and the enterprise.

Accelerating Hospitality Innovation Through Strategic Commercial & Technology Transformation