Cloud Engineering
Cloud-Native Transformation for a Legacy Financial Application
Client Background:
The client, a longstanding financial services provider with a broad portfolio of investment and insurance products, has built a strong reputation among individual and institutional clients over several decades. However, as transaction volumes surged and customer expectations for instant, seamless services grew, their legacy systems began to struggle. To stay competitive and ensure long-term sustainability, the company sought Regami’s assistance in modernizing its application.
They were looking for a solution that would be both cost-effective and agile enough to meet the evolving demands of the business landscape. Regami's expertise in cloud-native solutions and serverless architecture emerged as the perfect approach to overcome these challenges.
Challenges:
The client’s legacy application was struggling to keep up with increasing transaction volumes, leading to performance issues and high maintenance demands. The inflexible infrastructure made scaling difficult while rising costs from outdated hardware and software added to the burden. Faced with the need to move to the cloud for better agility, scalability, and cost-efficiency, the client was concerned about migrating critical financial data and services without disrupting operations.
To navigate these challenges, the client turned to Regami for help, leveraging its expertise in cloud-native solutions and seamless system integration.
Our Solutions:
With a focus on meeting the client's distinct challenges, Regami formulated a detailed cloud-native transformation plan, incorporating serverless architecture to improve scalability, operational efficiency, and cost management. Here are the solutions we delivered:
Cloud-Native Migration Strategy: Regami crafted a phased migration roadmap, ensuring minimal disruption while moving the client’s legacy financial applications to the cloud, with rigorous testing at each stage.
Serverless Architecture Implementation: We implemented serverless functions to reduce operational costs and simplify resource management, allowing the client to scale dynamically based on demand.
API Integration for Seamless Data Flow: Integrated solid APIs for real-time data exchange between legacy systems and cloud services, improving decision-making and efficiency.
Cost Efficiency through Auto-Scaling: Introduced auto-scaling with serverless technology to optimize resources and reduce unnecessary infrastructure costs during peak and off-peak times.
Data Security and Compliance: Applied complete encryption, multi-factor authentication, and role-based access controls to protect sensitive financial data and ensure compliance with regulations.
Performance Monitoring and Continuous Improvement: Integrated advanced monitoring tools to track system performance, enabling proactive issue resolution and ensuring reliable operation.
Outcomes:
By following the cloud-native transformation, the client gained significant improvements across their business, realizing measurable advantages in several operational areas. Below are the key outcomes from Regami’s solution:
Reduced Infrastructure Costs: The client saved over 40% annually on cloud services through serverless architecture and auto-scaling.
Enhanced Scalability: The new infrastructure easily handled increased transaction volumes, ensuring smooth performance during peak periods.
Improved Time-to-Market: The client quickly deployed new features, staying ahead of competitors and accelerating development cycles.
Increased System Reliability: With real-time monitoring and proactive management, system downtime decreased, improving reliability and customer confidence.
Compliance and Security Assurance: The client met regulatory requirements and strengthened data security, gaining a competitive edge in protecting sensitive customer data.
Seamless User Experience: A faster, more reliable platform improved customer satisfaction, retention, and engagement, contributing to a stronger brand reputation.