Banking Infrastructure Migration to AWS: Achieving Scalability, Security, and Efficiency with 1CloudHub

Industry

Financial Services

Offering

Cloud Migration

Cloud

AWS

Published On

December 30, 2023

About the client

Orange Retail Finance India Pvt Ltd, a leading non-banking finance company certified by the Reserve Bank of India, sought to modernize its operations by migrating its on-premise infrastructure to the cloud.

Requirements

Orange Retail Finance needed to migrate critical banking applications to AWS, ensuring scalability, security, compliance, and minimal downtime during the transition. The company also aimed to optimize costs while modernizing its infrastructure.

Solution

1CloudHub partnered with Orange Retail Finance to deliver a comprehensive solution:

  • Assessment and Planning: We conducted a thorough assessment of Orange Retail Finance’s on-premise infrastructure and developed a detailed migration plan tailored to the complexities of banking systems.
  • Secure Connectivity: We implemented robust security measures, including site-to-site VPN connections, to establish secure communication channels with financial partners.
  • Compliance and Regulatory Considerations: We addressed specific compliance and regulatory requirements inherent to the banking industry throughout the migration process.
  • Cost Optimization: Leveraging Bring Your Own License (BYOL) agreements and optimization measures such as Reserved Instances, We helped Orange Retail Finance optimize costs while ensuring compliance.
  • Migration Execution: We executed a Lift and Shift migration strategy to AWS, preserving current configurations and functionalities to minimize disruption to existing banking operations.
  • Security Implementation: We integrated robust security controls at the account level using AWS security services to safeguard sensitive data and prevent unauthorized access or data breaches.
  • Operational Model and Monitoring: 1CloudHub established an operational model tailored for banking operations, incorporating advanced monitoring and alerting systems for proactive issue detection and resolution.

Outcome

With our expertise and support, Orange Retail Finance achieved several key outcomes:

  • Improved Scalability: The migration to AWS enabled the customer to seamlessly scale resources based on demand fluctuations, ensuring optimal performance during peak periods.
  • Enhanced Security and Compliance: Robust security measures provided by AWS services ensured data integrity, confidentiality, and compliance with industry standards.
  • Minimal Downtime: Strategies such as phased migration and load balancing minimized downtime, ensuring uninterrupted access to essential banking services for customers.
  • Modernized Infrastructure: Transitioning to AWS allowed the customer to retire aging hardware infrastructure, leveraging modern, resilient infrastructure without maintenance burdens.
  • Cost Optimization: BYOL agreements and optimization measures helped customer optimize costs while ensuring compliance with licensing requirements.

In summary, with the strategic guidance and expertise provided by us, the customer successfully migrated its banking infrastructure to AWS, unlocking scalability, security, and operational efficiencies essential for future growth and innovation.

Sharing is caring!

Subscribe to our Newsletter1CloudHub