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Client : Financial Services

Industry: Financial Services Industry
Location: Milwaukee, WI, USA

A prominent financial services company specializes in the management and protection of financial assets, risk mitigation, and strategic investments to attain financial objectives and ensure long-term stability.

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“ I am immensely grateful for the exceptional effort and unwavering dedication displayed by the InfoObjects team throughout our monumental data migration project. Migrating over 30 datasources and managing more than 32 terabytes of data is no small feat, and they executed it with unparalleled expertise and professionalism. Their hard work and commitment have not only ensured a seamless transition to the AWS cloud environment but also laid the foundation for our future success in unlocking the true value of our data. We extend our heartfelt appreciation to the InfoObjects team for their invaluable contributions to our data-driven journey.”
2017-Logo-square-on-grey

Senior Director of Engineering
BFSI Fortune 100 Institution

Overview

This case study highlights InfoObjects Consulting's expertise in executing a remarkable data migration project.

By seamlessly migrating a Fortune 100 company's legacy environment to a cloud-based infrastructure, they improved data accessibility, scalability, and security while maintaining data integrity.

33 %

Reduce Licensing Cost

46 %

Increased Critical Business Insights

68 %

Improved Data Processing

The Challenge

The migration task posed challenges including data security risks, uncertain cost, complex architecture, high cloud expenses, limited source data knowledge, and underestimated data analysis. Addressing these challenges necessitates a holistic approach, integrating effective risk management, optimized resource allocation, continuous monitoring, and proactive collaboration among stakeholders. Thorough planning, assessment, and skilled execution are vital for a successful migration process.

 

InfoObjects Solution

Data Source Analysis
To ensure a successful data migration, it is crucial to gain a comprehensive understanding of existing structures and challenges, carefully map the data landscape, and develop a robust migration strategy.
 
Extraction and Transformation
Utilizing JDBC, File, and Kafka ingestion methods along with Databricks for parallel processing, the extraction and transformation process enables the conversion of raw data into actionable insights, enhancing the value and usability of the data.  
 
Cloud Migration
Leveraging AWS Database Migration Service, the cloud migration process aims to minimize downtime and disruption while optimizing performance and ensuring data integrity, facilitating a seamless transition to the cloud environment. Migrated Spark-Scala jobs to Databricks and implemented lakehouse architecture for data zoning and cataloging

 

Technology Stack

The technology stack includes utilizing S3 as a data lake for storage, leveraging Databricks for advanced data processing and governance, and employing AWS Data Pipeline for efficient data orchestration, enabling a robust and scalable infrastructure for data management and analytics.


 

The Result

InfoObjects Consulting's successful execution of the data migration project for the Fortune 100 company resulted in meticulous planning, comprehensive data understanding, and successful execution.
 
With a strong focus on data quality and validation, the migrated data became a valuable asset for the company, empowering them to unlock critical insights using advanced analytics and machine learning.
 
By leveraging the cloud environment, businesses were able to
  • Optimize resources,
  • Reduce licensing costs
  • Gain valuable data
As a result, it led to significant cost savings, empowered informed decision-making, and bestowed a competitive advantage in the market.
 

 

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