Cloud Migration for Financial Services

Seamless transition to cloud with 40% infrastructure cost savings

Financial Services Completed: March 2024

Overview

A leading regional financial services firm was struggling with aging on-premise infrastructure that was costly to maintain and lacked the scalability needed to support their growing business. Their legacy systems were becoming increasingly unreliable, with frequent downtime impacting customer transactions.

Dhansol was engaged to design and implement a comprehensive cloud migration strategy that would modernize their infrastructure while maintaining strict compliance with financial industry regulations.

The Challenge

The financial services provider faced several critical issues:

  • High infrastructure maintenance costs consuming 35% of IT budget
  • Frequent system outages impacting customer transactions
  • Inability to scale quickly during peak trading periods
  • Compliance concerns with data residency requirements
  • Legacy systems that couldn't support modern fintech integrations

Their existing infrastructure was holding back innovation and putting them at a competitive disadvantage in the rapidly evolving financial services market.

Our Solution

Dhansol implemented a phased cloud migration strategy that included:

Hybrid Cloud Architecture

Designed a secure hybrid cloud solution balancing performance, cost, and compliance requirements.

Security & Compliance

Implemented enterprise-grade security controls meeting FINRA and SEC compliance requirements.

Data Migration

Migrated 12TB of financial data with zero downtime using advanced replication techniques.

Performance Optimization

Optimized cloud configurations to deliver 3x better performance than legacy systems.

Implementation

The migration was completed in four phases over 8 months with careful planning to minimize business disruption:

Phase 1: Assessment & Planning

2 months

Conducted comprehensive infrastructure assessment, identified migration candidates, and developed detailed migration roadmap.

Phase 2: Proof of Concept

1 month

Migrated non-production environments to validate architecture and migration approach.

Phase 3: Data Migration

3 months

Implemented data migration pipelines with validation checks to ensure data integrity.

Phase 4: Application Migration

2 months

Migrated core banking and trading applications with cutover during weekend maintenance windows.

Results & Impact

The cloud migration delivered transformative results for the financial services firm:

40%

Reduction in infrastructure costs

99.99%

System availability post-migration

3x

Faster deployment of new services

"Dhansol's cloud migration expertise transformed our technology infrastructure. We achieved significant cost savings while dramatically improving system reliability and performance. Their team navigated the complex regulatory requirements seamlessly, giving us confidence throughout the process."

Technologies Used

AWS AWS
Azure Azure
Kubernetes Kubernetes
Terraform Terraform
Docker Docker

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