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Revolutionizing Financial Services with AWS DevOps
Uncover the extraordinary evolution of Corestep as they harnessed the potential of AWS DevOps, which propelled their financial services to unprecedented success.
Corestep has thrived on its commitment to excellence and client satisfaction. In an era defined by digital transformation, they recognized the need to modernize their operations to remain at the forefront of the financial services sector.
About Client
Corestep has thrived on its commitment to excellence and client satisfaction. In an era defined by digital transformation, they recognized the need to modernize their operations to remain at the forefront of the financial services sector.
Business Background
Corestep has thrived on its commitment to excellence and client satisfaction. In an era defined by digital transformation, they recognized the need to modernize their operations to remain at the forefront of the financial services sector.
Challenges
Corestep faced several challenges:
- Legacy Infrastructure: Their aging infrastructure hindered their ability to scale and adapt to new technologies.
- Manual Processes: Many operational processes were manual, leading to delays and errors in transactions and client interactions.
- Security and Compliance: As a financial institution, Corestep had to ensure rigorous security and compliance with industry regulations.
- Scalability: Rapid business growth posed scalability issues, with their infrastructure struggling to accommodate increased demand.
What is Cloud Migration?
Cloud Deployment Models
3-Step Cloud Migration Process
How Qucoon helped
To address these challenges, Corestep partnered with Qucoon, an AWS DevOps specialist:
- Infrastructure Modernization: Qucoon facilitated Corestep's migration to a modern cloud-based infrastructure on AWS, offering the scalability and flexibility needed for growth.
- Automation: Manual processes were automated using AWS Lambda and Step Functions, reducing errors and enhancing efficiency.
- Security and Compliance: Qucoon implemented AWS security best practices and ensured compliance with industry regulations, bolstering data protection.
- Continuous Integration/Continuous Deployment (CI/CD): Qucoon established automated CI/CD pipelines through AWS CodePipeline and CodeDeploy, enabling rapid and reliable software delivery.
Outcomes:
- Operational Efficiency: Corestep achieved a 50% reduction in operational costs, primarily due to the optimization of resource utilization and the automation of manual processes. This newfound efficiency allowed them to allocate resources more effectively and invest in further innovation.
- Reliability and Trust: With their new AWS-based infrastructure, Corestep achieved an impressive 99.99% uptime rate. This high availability bolstered client trust and confidence, making Corestep the go-to choice for individuals and businesses seeking dependable financial services.
- Enhanced Client Services: Process automation resulted in a 30% increase in transaction speed. Clients experienced faster, more streamlined interactions, and Corestep's commitment to client satisfaction was strengthened.
- Data Security: Corestep significantly enhanced data security through the implementation of AWS security best practices. This proactive approach reduced the risk of data breaches, safeguarding sensitive financial information and further building client trust.
- Regulatory Compliance: Corestep achieved full compliance with the stringent regulations governing the financial industry. This not only minimized legal and regulatory risks but also positioned Corestep as a trustworthy and compliant financial service provider.