SEB Life & Pension Baltic SE is one of the leading life insurance and pension providers in the Baltics. Their digital platform plays a crucial role in delivering products across several countries, making system modernization essential for long-term growth and operational efficiency.
The Challenge
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- Increased security risks due to outdated architecture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.
Our Solution
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.
Key Deliverables
To turn the modernization strategy into a tangible, scalable platform, LTECH delivered several core modules:
Core Process Module
- Classification functionality
- UI translations
- Process monitoring
- Automated document generation
Customer Data Module
- CRM integration
- Support for legacy message queues
Files Module
- Secure storage and management of agreements, claims, payments, and reports
- Automated document generation
These components created a stable and extensible foundation for future enhancements.
Business Impact
The modernization programme delivered long-term value for SEB Life & Pension:
- 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
This transformation positioned SEB to innovate faster and operate more efficiently in a rapidly evolving financial services landscape.
In addition, the modernised platform enabled SEB Life & Pension to launch the award-winning Next Generation Pension (NGP) solution, which received multiple international recognitions in 2025 for its outstanding digital experience and innovation.
How We Can Help
If your organisation is navigating modernization, legacy migration, or scaling challenges, LTECH can help assess your systems and build a secure, future-ready architecture tailored to your business.