Cloud Migration for a Financial Services Platform

Cloud Migration for a Financial Services Platform

Platform

Web

Industry

Finance

5 min read

Summary

A financial services provider needed to migrate its legacy system to the cloud to improve scalability and reduce infrastructure costs while ensuring regulatory compliance.

Customer

Financial services provider.

Challenge

The client’s legacy on-premises infrastructure was expensive, difficult to maintain, and lacked scalability. Migrating to the cloud was essential to support growth while meeting strict financial regulations.

Solution

We re-architected the platform to use microservices and deployed it on AWS, with robust data migration and testing to ensure a smooth transition. Security protocols were established to meet financial regulatory standards, including encryption and multi-factor authentication.

Technologes

AWS, Docker, Kubernetes, Java, Spring Boot, Terraform

Results and Achievements

  • Cost Savings
  • Reduced infrastructure costs by 40%, saving the client significant annual expenses.
  • Performance Boost
  • Increased system performance by 60%, providing faster transaction processing times and improved user satisfaction.
  • Scalability
  • Enabled horizontal scaling to support future growth, allowing the client to expand its user base without performance degradation.
  • Achievement
  • Platform recognized by industry experts as a top solution for scalable and secure financial services, with a 99.99% uptime.

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