PBM CLOUD DEVELOPMENT SERVICES | PRAXENT PHARMACY BENEFIT IT CONSULTING
Build a Smarter
Cloud Strategy,
Command
your Future SM

Tell us about your project.
Our Perspective on Future-Proof Cloud.
Successful cloud strategies go beyond infrastructure—they must account for people, processes, and technology.
At Praxent, we build flexible, scalable platforms designed for long-term adaptability. By embedding best practices, simplifying management, and aligning cloud capabilities with your business objectives, we ensure your cloud solutions remain future-proof.
We specialize in hybrid and multi-cloud integration, serverless development, and creating secure, compliant architectures tailored to financial services.


Ben Bays
VP, Enterprise solutions, Praxent
An evolutionary cloud strategy isn’t just about technology—it’s about ensuring your team and processes are ready to support it.
Simplifying Cloud Complexity
Cloud adoption can be overwhelming, especially for financial services organizations. We simplify the process, focusing on reducing risk and maintaining agility.
→ Pre-configured landing zones for secure environments→ Centralized management with unified control tools
→ Proven playbooks for efficient cloud governance
→ Compliance frameworks for data security (we’re SOC II Type II compliant)
→ Serverless and cloud-native expertise for scalable applications

Optimizing Cloud Investments
The real value of cloud lies in leveraging its capabilities while keeping costs in check. We help you optimize cloud usage by implementing best practices and cloud-native tools that align technology, people, and processes.
→ Reduce unnecessary cloud expenses→ Automate operations with Infrastructure as Code
→ Equip teams with scalable workflows
→ Build architectures for performance optimization and resiliency


Hybrid and Multi-Cloud Migration
Ready to embrace the cloud? We assess your systems to identify the best approach for cloud-native or hybrid cloud migration to ensure scalability and resilience.
Our experts help you plan and execute the transition, leveraging modern architectures while addressing infosec requirements. We partner with your teams to create secure, compliant strategies that minimize disruption and align with your unique business goals.
Cloud Readiness Assessment
Lay the foundation for a successful cloud migration with a tailored assessment. Whether you’re moving fully off-prem or adopting a hybrid solution, we’ll help you:
Document your existing systems and integration dependencies
Design a scalable, cloud-ready architecture
Build a clear, actionable migration roadmap
Prioritize systems for migration and business continuity
Optimize costs and ensure secure, compliant adoption
WHY PARTNER WITH PRAXENT
Why Partner with Praxent for Cloud?
When you need hands-on experts to solve complex cloud challenges—not another generic playbook.
Our cloud practice specializes in helping PBMs adopt secure, scalable solutions while simplifying cloud complexity.
We focus exclusively on PBM, bringing deep expertise to every engagement.

Meet Our Cloud Specialists

Ben Bays
VP, Enterprise Solutions

Kevin King
Technical Director

Mauricio Araya
Technical Director
✔ + 20.3 years average experience of our cloud specialists
✔ Hybrid and multi-cloud
✔ Serverless and cloud-native development
✔ Cloud security, governance, and compliance
✔ Automation and cost optimization
✔ Resiliency and performance optimization
Digital Transformation
Launch new products to market and enhance your CX with best-in-class portals for employers, members, and pharmacies that drive conversion, self-service, and stickiness with our PBM product development services.
Learn more →
Future-Proof Architecture
Embed agility with a modern, decoupled architecture. Our battle-tested architectural leaders specialize in PBM systems and can create or validate architectures for long-term validity and scalability.
Learn more →
Systems Integration
Integrations are our speciality, build an integrated ecosystem that enables a seamless customer experience and a 360º view of your accounts with an API-led approach.
Learn more →
Data Centralization
Gain a real-time view of your business with integrated data and analytics. Transform your data with distributed ownership and data governance strategies that meet compliance requirements.
Learn more →
Development Acceleration
Our engineering operating model practice works to identify and remove development bottlenecks, maximize reusability, and scale developer productivity.
Learn more →
Full-Stack Engineering
Maximize sprint points delivered by deploying our bench of top-tier engineers with hands-on experience in PBM software development.
Learn more →
The business lines we specialize in:
Specialty Marine/Aviation
Specialty Excess and Surplus (E&S)
Management and Professional Liability
Embedded Insurance
Workers’ Compensation
Health Insurance and Employee Benefits Management
Bond and Surety
Third Party Administrators
Commercial Liability
Cybersecurity Insurance
Reinsurance
Serverless, microservices, data lakes…these strategies can quickly become overcomplicated, idealistic, and unrealistic in the context of legacy systems with decades of functionality built in.
Our battle-tested cloud specialists bring a panoramic perspective from a variety of successful PBM modernizations and configurations. We can help your teams with a pragmatic approach, ensuring your new infrastructure is not just cutting-edge but also realistic, maintainable, and aligned with your unique requirements.
We’ll help you get it right the first time.

We’ll help you get it right
the first time.
SPECIALIZED EXPERTISE IN PBM CLOUD INFRASTRUCTURE
The Praxent Difference.
Our commitment to quality goes far beyond technology. We’re not a global consulting conglomerate; we’re a boutique team of experts in financial technology with a sharp focus on PBMs.
🞪 No one-size-fits-all frameworks, 🞪 no two-year contracts, 🞪 no mass out-sourcing to teams outside your time zones, 🞪 and no fresh graduates. Just a targeted team with hands-on experience dedicated to solving your problems.
Our goal is to leave your team better than when we started. Think of us as part of your team. Everyone else does.
Bringing our technology systems in-house and enhancing our code stack via microservices and cloud development will enable us to boost efficiencies and improve the borrower and partner experience. Praxent’s highly skilled engineers have been responsive, reliable, and highly capable, providing valuable guidance and support along the way. With all that we have gained from working with Praxent as they’ve modernized our technology system, our team will be able to more effectively manage, update, and improve our technology moving forward. Joshua D. Whitley, Chief Information Officer at Triad.
Thoughts from our PBM Modernization Experts:
When PBM Portals Work for Everyone: A Member-First Transformation
Transform your PBM member portal with a member-first design. Boost adoption, cut support costs, and improve client satisfaction.
PBMI 2025: How Member Expectations Are Rewriting the PBM Playbook
PBMI 2025 showed the future of PBMs—flexible, digital-first, and centered on member needs. Learn what leaders must do to succeed in 2026.
90-Day Deadline: Is Your PBM Platform Ready for Real-Time Transparency?
How to meet ERISA's October 12, 2025, transparency deadline with a PBM platform that delivers real-time revenue tracking, audit trails, and automated reporting.
3 Executive Orders Reshape the PBM Regulatory Reality in Just Four Months
The PBM regulatory reality has seen drastic changes in 4 months. Learn why transparency and platform modernization are now essential for compliance.
Automated Governance for PBM IT Leaders: Enforcing Standards & Mitigating Debt
Explore tools to automate governance in insurance for architecture, cloud, and data strategies, reducing technical debt and ensuring seamless compliance.
Avoiding the Hybrid Trap: Tackling Complexity in Hybrid Cloud PBM Architectures
Simplify hybrid cloud insurance architecture. Discover how unified management, automation, and integration reduce complexity and drive results.
Building Evolutionary APIs: Best Practices for Scalable, Resilient Microservices
Discover best practices for building evolutionary APIs to ensure scalable, resilient microservices. Learn strategies for API governance, decoupling, and deploym…
Lighthouse POCs: A Smarter Approach to PBM Modernization
Learn how Lighthouse POCs streamline insurance modernization by validating strategies, delivering value, and scaling success with proven practices.
The Growing Threat of Technical Debt in Modern PBM Technology
Learn to manage technical debt in insurance tech with strategies to reduce risk, improve scalability, and enhance system performance.
How a Microservices Assessment Rescued a Struggling Modernization Initiative
Learn how a microservices assessment saved a failing insurance modernization initiative. Discover lessons on technical debt, team alignment, and scalability.
5 Strategic Priorities for PBM CIOs and CTOs in 2025
Discover the 5 strategic priorities for PBM CIOs and CTOs in 2025, from AI automation to hybrid cloud strategies. Stay ahead in modernization!
Why Vertical Slice Architecture is the Key to Modernizing PBM Systems
Learn how vertical slice architecture transforms PBM systems—reducing complexity, speeding launches, and enhancing agility in modernization.