- Leading Financial Services
- Application Modernization
Migrating On-Premises Infrastructure to Cloud for a Financial Services Company
A leading financial services company sought our expertise to migrate their on-premises infrastructure to a cloud-based environment. Their legacy system was costly to maintain, lacked scalability, and struggled to meet increasing data processing demands. Our cloud engineering solution provided a robust, secure, and scalable cloud infrastructure, significantly improving operational efficiency and reducing costs.
Country
Australia
Duration
8 Months
Industry
Financial Services
Benefits
At Glance
60%
Increase
In user adoption rates
150%
Increase
In transaction handling capacity
40%
Reduction
In maintenance costs
60%
Faster
Deployment of new features
Project Key Highlights
- Multi-Cloud Architecture
Improved resilience and uptime via AWS and Azure integration.
- Phased Data Migration
Enabled seamless data transfer with minimal downtime using AWS.
- Advanced Security Protocols
Strengthened data security with IAM, encryption, and multi-factor authentication.
- Scalability Optimization
Enabled 150% increased transaction capacity to meet peak demands.
- Tailored Staff Training
Equipped IT teams with cloud management skills and best practices.
Challenges Faced
By The Client
High Maintenance Costs
The existing on-premises infrastructure required significant resources for maintenance and upgrades, straining the IT budget and limiting funds for innovation.
Limited Scalability
The legacy system could not easily scale to accommodate increasing data volumes and transaction loads, leading to performance bottlenecks during peak periods.
Data Security Concerns
Given the sensitivity of financial data, the client faced security vulnerabilities in their existing setup, complicating compliance with regulations such as GDPR and PCI DSS.
Slow Time to Market
Lengthy deployment cycles hindered the company’s ability to roll out new services and features quickly, resulting in missed opportunities in a competitive market.
Our Approach
- Assessment & Strategy
We assessed the client’s infrastructure to identify pain points & collaborated with leadership to migration strategy focusing on security.
- Data Migration Plan
We created a phased data migration plan using AWS Database Migration Service for seamless data transfer and minimal downtime.
- Implementation of Security Protocols
We established robust security measures, including AWS Identity and Access Management (IAM) for user access control, encryption for data at rest and in transit, and multi-factor authentication to enhance security posture.
- Cloud Architecture Design
Our team created a multi-cloud architecture with AWS and Microsoft Azure, maximizing redundancy and availability for continuous operations.
- Training and Support
After migration, we delivered tailored training sessions for the client’s IT staff to help them manage the new cloud environment effectively.
Results Achieved
Faster Time to Market
The client reduced their deployment cycle time by 60%, allowing quicker rollout of new features and improved responsiveness to market demands.
Improved Security Compliance
The implementation of advanced security protocols enabled the client to achieve full compliance with GDPR and PCI DSS, significantly mitigating data breach risks.
Enhanced Scalability
The new cloud architecture enabled the client to handle 150% more transactions during peak periods without degradation in performance, thus supporting business growth.
Reduced Maintenance Costs
The transition to cloud infrastructure resulted in a 40% reduction in maintenance costs, allowing the client to reallocate resources towards innovation and strategic projects.
Technologies Used
Technology
Description
- AWS
Cloud Infrastructure
For comprehensive cloud infrastructure and services.
- Microsoft Azure
Backup Solutions
For enhanced scalability and backup solutions.
- AWS Database
Migration Service
For efficient data migration.
- AWS IAM
Access Management
For managing user permissions and security.
- Amazon EC2
Compute Resources
For scalable compute resources.
- Amazon S3
Object Storage
For secure and scalable object storage.
- AWS Lambda
Serverless Computing
For serverless computing capabilities, enabling automatic scaling of backend functions.
- Amazon RDS
Database Services
For managed relational database services to ensure robust data handling.
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