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

United States

Duration

6 Months

Industry

Financial Services

Benefits

At A Glance

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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

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Improved resilience and uptime via AWS and Azure integration.

Enabled seamless data transfer with minimal downtime using AWS.

Strengthened data security with IAM, encryption, and multi-factor authentication.

Enabled 150% increased transaction capacity to meet peak demands.

Equipped IT teams with cloud management skills and best practices.

Challenges Faced

By The Client

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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

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We assessed the client’s infrastructure to identify pain points & collaborated with leadership to migration strategy focusing on security.

We created a phased data migration plan using AWS Database Migration Service for seamless data transfer and minimal downtime.

After migration, we delivered tailored training sessions for the client’s IT staff to help them manage the new cloud environment effectively.

Our team created a multi-cloud architecture with AWS and Microsoft Azure, maximizing redundancy and availability for continuous operations.

We implemented strong security measures, including AWS IAM for access control, encryption for data, and multi-factor authentication.

Results Achieved

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Faster Time to Market

The client cut deployment cycle time by 60%, enabling faster rollout of new features and better responsiveness to market demands.

Enhanced Scalability

The new cloud architecture allowed the client to handle 150% more transactions during peak periods without performance degradation.

Improved Security Compliance

The implementation of advanced security protocols helped the client achieve full GDPR and PCI DSS compliance, reducing data breach risks.

Reduced Maintenance Costs

The transition to cloud infrastructure led to a 40% cut in maintenance costs, enabling the client to focus resources on innovation and strategy.

Technologies Used

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Technology

Description

Cloud Infrastructure

For scalable and resilient cloud solutions

Data Migration

Service for efficient and low-downtime data transfer

Access Management

For secure user permissions and access control

Storage Solution

For secure and scalable object storage

Compute Resources

For flexible and scalable computing capacity

Testimonial

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"Iverve Inc. transformed our IT infrastructure with their cloud engineering expertise. The migration to the cloud has significantly reduced our costs and improved our operational efficiency. Their focus on security and compliance has given us the confidence to move forward."

Let’s bring your idea to life

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Your innovative idea deserves a team that can bring it to life. Reach out to us today to discuss your project, and we’ll work with you every step of the way.