Empowering a scalable SaaS offering

Context

This case study highlights iOCO’s collaboration with a leading provider of financial services technology solutions to migrate their suite of financial products to a unified SaaS offering hosted on AWS. This partnership enabled the client to deliver a scalable, integrated, and compliant solution tailored to a prominent financial services provider (FSP).

Challenge

The client sought to consolidate a portfolio of six to seven individual financial software products into a unified SaaS offering. These products, previously hosted in on-premise data centres, needed to be integrated to provide a seamless user experience for the FSP. Additionally, the solution required scalability and compliance with jurisdiction-specific data residency and regulatory requirements.

Solution

iOCO leveraged AWS’s robust ecosystem to address the client’s challenges through a comprehensive migration and integration strategy:

1. Cloud Migration

iOCO migrated the client’s entire product suite from on-premise data centres to AWS. By leveraging the scalability and elasticity of AWS, the solution could handle the high-demand operational requirements of the FSP.

2. High Availability and Reliability

• AWS Availability Zones:
  The solution architecture utilised multiple AWS Availability Zones, coupled with AWS Elastic Load Balancers, to ensure high availability and fault tolerance. This setup provided an additional layer of resilience compared to traditional data centre configurations.
  
  
• AWS RDS:
  To modernise and strengthen database resilience, iOCO replaced self-managed SQL databases with Amazon Relational Database Service (RDS). AWS RDS reduces operational overhead while ensuring automated backups, high availability, and disaster recovery support.
  
  
• AWS FSx for Windows:
  iOCO implemented AWS FSx for Windows to provide a high-availability storage platform for the applications. This decoupled transactional data from application servers, improving data resilience and enabling more efficient data management.

3. Integration Expertise

Combining multiple disparate software products into a single SaaS offering required extensive integration efforts. iOCO ensured seamless data flow and functionality across the suite, delivering a cohesive user experience.

4. Jurisdictional Compliance

Deploying the solution within the FSP’s jurisdiction ensured compliance with local data residency and regulatory requirements.

Benefits

By partnering with iOCO and utilising AWS, the client realised several key benefits:

• Scalability:
  The solution’s AWS architecture readily accommodates the FSP’s current and future growth needs.
  
  
• High Availability:
  Utilising AWS Availability Zones, Elastic Load Balancers, and RDS ensures maximum uptime and reliability.
  
  
• Agility and Efficiency:
  Cloud-based deployment improved operational efficiency and significantly reduced time-to-market for the SaaS offering.
  
  
• Cost Efficiency:
  AWS’s on-demand infrastructure and pay-as-you-go pricing model lowered the total cost of ownership compared to traditional data centre setups.
  
  
• Enhanced User Experience:
  Seamless integration of the product suite provided the FSP’s users with a streamlined and unified experience.
  
  
• Data Resilience and Management:
  AWS FSx for Windows provided robust data storage, improving the resilience of transactional data and enhancing data management capabilities.
  
  
• Compliance:
  Jurisdiction-specific deployments ensured the SaaS solution adhered to local regulatory requirements.

Conclusion

iOCO’s partnership with the client underscores the transformative potential of cloud migration and integration expertise. By leveraging AWS services—including Availability Zones, RDS, and FSx for Windows—the client now delivers a scalable, reliable, and compliant financial SaaS offering. This collaboration empowers the client to confidently meet the demands of their FSP partner while positioning their solution for future growth and innovation.