SEB Life & Pension: From Legacy Monolith to a Future-Ready Microservices Platform for Faster Product Delivery
Client
- Industry
- Financial Services / Life Insurance and Pension Savings
- Market
- Baltic States – Latvia, Lithuania and Estonia
- Founded
- 1991
- Market position
- One of the leading life insurance and pension savings companies in the Baltics, with long-standing experience in the Latvian market.
01 Challenge
What the client wanted to solve
SEB’s core system was a monolithic legacy platform developed many years ago. Over time, it has become increasingly complex, difficult to maintain, and slow to adapt to new business needs. This introduced several strategic challenges:
- Slow and resource-intensive launch of new products
- Increased security risks due to outdated architecture
- Country-specific environments that required additional operational effort
The aging system had become a bottleneck to innovation, restricting SEB’s ability to respond quickly to evolving customer expectations.
02 Solution
How we tackled it
LTECH partnered with SEB Life & Pension Baltic SE to deliver a comprehensive modernization programme focused on transforming the legacy monolith into a flexible, secure, and scalable microservices-based platform.
Key elements of the solution included:
- Migration from monolithic architecture to modular microservices
- Adoption of a modern and future-ready technology stack
- A structured roadmap, delivering an MVP in 9 months
- Improved integration capabilities with CRM and legacy components
The goal was to build a platform capable of supporting SEB’s long-term digital growth and innovation across all markets.
03 Delivery
What we shipped
- Classification functionality
- UI translations
- Process monitoring
- Automated document generation
- CRM integration and support for legacy message queues
- Secure storage and management of agreements, claims, payments, and reports
- Automated document generation
04 Outcome
What the business gained
Accelerated launch of new insurance products across markets
Reduced system complexity and operational overhead
Stronger security through modernized architecture
Improved scalability for expanding business needs
Lower long-term development and maintenance costs
05 Related
The services behind this story
Next step
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