Sparity crafted a cloud migration strategy for a leading bank. Engaging with us to revolutionize their IT infrastructure, the client faced challenges spanning legacy systems to scalability. Sparity’s sophisticated approach paved the way for seamless transformation.
Client: Bank
Services: Cloud Migration
Year: 2023
Key Challenges
- Client indulgence in legacy systems leads to high maintenance challenges and increased costs.
- Physical servers poses ongoing difficulties and escalate operational expenses, needed a smooth cloud migration strategy.
- Client scalability challenges, particularly during peak times when huge transactions taking place, demanding a carefully orchestrated migration strategy.
- Stringent banking regulations and the necessity to protect sensitive data added complexity to ensuring a secure and compliant cloud environment.
Technologies
Solution
- After a careful analysis, Sparity suggested cloud migration strategy.
- Used AWS Migration Hub for infrastructure analysis for server data, and improvement report.
- Employed AWS services for scalable, secure architecture to meet banking industry needs with high availability.
- Used AWS Database Migration Service (EC2, RDS, VPC) for seamless data migration.
- Our team Conducted pre-migration assessments and ensured ongoing data integration.
- We successfully Configured and executed migration tasks, ensuring ongoing data integration.
- Implemented AWS Identity and Access Management (IAM) for secure access and utilized AWS KMS for encryption.
- Configured CloudTrail for logging and monitoring.
- We Leveraged Terraform for infrastructure as code to automate resource provisioning.
- Used Ansible for configuration management, ensuring reproducibility.
- Implemented auto-scaling and load balancing for resource optimization.
Benefits
- Realized a 30% reduction in IT infrastructure costs through cloud service optimization.\
- Achieved a 50% increase in transaction handling capacity during peak periods, ensuring customer experience.
- Reduced security incidents by 40%, safeguarding sensitive customer data, meeting compliance requirements, and enhancing the bank’s reputation.
- Streamlined processes resulted in a 25% improvement in overall operational efficiency, translating into faster response times by reducing downtimes.
