CASE STUDY

Modernizing Data Infrastructure: A 6-Week Cloud Migration Success Story

Introduction

Established in the early 1990s, our client has emerged as a cornerstone of the nation’s financial infrastructure. With a relentless focus on technological innovation and investor protection, this institution has revolutionized the way the country trades.

Over the years, our client has consistently set new benchmarks in the financial services industry. From pioneering electronic trading to introducing a diverse range of financial products, their contributions have been instrumental in the growth of global capital markets.

Beyond its commercial success, our client has actively engaged in initiatives that promote financial literacy and investor awareness. By empowering individual investors and fostering a culture of financial inclusion, they have played a significant role in the nation’s economic development.

Despite its technological prowess, our client faced a critical challenge: the limitations of its existing on-premises data infrastructure. As the volume and complexity of data grew exponentially, the legacy system struggled to keep pace. This led to performance bottlenecks, scalability issues, and difficulties in deriving actionable insights from the data.

To address these challenges and drive future growth, our client sought a robust, scalable, and secure data platform that could support its evolving business needs.

The Business Challenge

Our client faced several challenges with their existing data infrastructure:

Scalability Limitations: The on-premises Greenplum database struggled to scale efficiently to meet the growing data volumes and increasing number of users.
Performance Bottlenecks: The system experienced performance issues during peak usage periods, impacting critical operations.
Complex Analytics: The existing infrastructure was unable to handle advanced analytics and machine learning workloads.
Data Security and Compliance: Ensuring data security and compliance with industry regulations was a top priority.

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Joint Solution Discovery

Hoonartek, in collaboration with our client, developed a comprehensive cloud migration strategy to address these challenges. The key components of the solution included:

Rapid Data Migration: Migrated 7PB of uncompressed data from the on-premises Greenplum database to Snowflake on AWS within a tight 6-week timeframe. Snowflake’s powerful data warehousing capabilities and AWS’s robust cloud infrastructure were chosen to ensure scalability, performance, and security.
Informatica Job Migration: Seamlessly migrating existing Informatica ETL jobs to a cloud-native environment, ensuring uninterrupted data processing. A cloud-native ETL solution was selected to leverage the benefits of scalability, elasticity, and cost-effectiveness offered by cloud platforms
SAP BO Report Migration: Migrating SAP BusinessObjects reports to the cloud, enabling remote access and improved performance. Cloud-based BI solutions were chosen to provide enhanced accessibility and scalability.
Leveraging AWS Services: Utilizing AWS Glue, Lambda, MWAA, Glacier, S3, and EC2 to build a robust and scalable data pipeline. AWS services were selected for their reliability, security, and broad range of capabilities, enabling the creation of a flexible and efficient data pipeline
Efficient Data Replication: Employing Qlik Replicate to efficiently replicate data from the on-premises source to the cloud target. Qlik Replicate was chosen for its high-performance, low-impact data replication capabilities, ensuring minimal disruption to production systems.

Industry Perspective

The financial services industry is characterized by stringent regulatory requirements, high data volumes, and complex analytics needs. By migrating to a cloud-based data platform, our client was able to:

Improve Scalability and Performance: The cloud-based infrastructure provided the flexibility to scale resources up or down as needed, ensuring optimal performance during peak usage periods.
Enhance Data Security and Compliance: Leveraging cloud-native security features and implementing robust security controls helped the client meet industry-specific compliance requirements.
Enable Advanced Analytics: The powerful analytics capabilities of Snowflake enabled the client to gain deeper insights from their data, leading to better decision-making and improved business outcomes.
Reduce Costs: The cloud-based solution offered cost savings through pay-as-you-go pricing models and reduced infrastructure overhead.

Outcomes

The successful implementation of the cloud migration project yielded the following benefits for the client:

Improved Scalability and Performance: The new infrastructure can handle increasing data volumes and complex workloads with ease.
Enhanced Data Security and Compliance: Robust security measures and compliance controls protect sensitive data.
Advanced Analytics Capabilities: The ability to perform advanced analytics and machine learning empowers data-driven decision-making.
Reduced Costs: The cloud-based solution offers cost savings and improved operational efficiency.
Faster Time to Market: Accelerated time to market for new products and services.

Conclusion

By partnering with Hoonartek, the client was able to successfully modernize its data infrastructure, enabling it to achieve its business objectives and stay ahead of the competition.

Our client faced significant challenges in managing and analyzing their growing data volumes. By partnering with Hoonartek, they were able to successfully migrate their data infrastructure to the cloud, leading to improved scalability, performance, and security.

The financial services industry is constantly evolving, with increasing regulatory pressures, growing data volumes, and the need for advanced analytics. Hoonartek’s expertise in data migration, cloud technologies, and data analytics helped our client overcome these challenges and position itself for future growth.

If your organization is facing data challenges, Hoonartek can help you achieve your business goals. Our team of experienced data engineers and cloud experts can provide tailored solutions to meet your specific needs. Contact us today to learn how we can help you transform your data into actionable insights. Visit: https://hoonartek.com/contact/