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HOW A LARGE MULTINATIONAL INVESTMENT BANK AND FINANCIAL SERVICES ENTERPRISE ACHIEVED HASSLE-FREE MIGRATION ON AWS TO OBTAIN MAXIMUM VALUE AND ROI

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CLIENT

 

Our client is a multinational investment bank and financial services corporation that provides both consumer and institutional services in the areas of private and commercial banking, credit cards, wealth management, capital markets and advisory, markets and securities, and treasury and trade solutions (TTS).

 

BUSINESS CHALLENGE

 

The client had embarked on a large-scale modernization program to bring business agility and improve customer experience. However, their legacy on-premises monolithic application posed severe constraints and caused significant delays for developers to make changes.

The bank looked to transform their architecture with a DevSecOps-led approach to significantly reduce cost, increase speed of development and ensure secure migration.

SOLUTION

 

Our solution deployed CI/CD pipelines to support the development of microservices on AWS. We trained the bank’s development team to

  • Effectively use the CI/CD pipelines for development work
  • Develop code in a test-driven development (TDD) fashion to take advantage of testing automation

We also created a tool to orchestrate the convergence of infrastructure, node configuration, and applications with a single click. Using this tool, a developer can specify a “tech stack” to capture the entirety of the system as code. We helped the bank’s developers to use the tool to migrate applications from on-premises to AWS.

ARCHITECTURE

 

BUSINESS BENEFITS

Our solution enabled the company to:

Deploying Microservices on AWS enabled the bank’s developers across the world to scale horizontally and shorten development cycles, and deliver consistent, speedy and incremental value to customers.

Thanks to automation of their deployment processes, the client could introduce new features to their customers in a matter of minutes (rather than days or weeks). We used the orchestration tool to demonstrate the benefits of automating application deployment, and resulted in the lift and shift of one of the bank’s most important applications to AWS in under 30 minutes (as against multiple days for on-premises deployment)

By deploying on AWS and taking advantage of microservices and automation, the bank no longer needs to worry about keeping up with customer expectations, but can focus on driving new innovation through empowered development teams.