Streamlining Data Warehouse Migration and Infrastructure Modernization for a Leading Canadian Payments Fintech
Quantiphi partnered with a Toronto-based fintech company specializing in payments to enable a seamless migration of their data warehouse and modernize their infrastructure. By leveraging AWS services, the goal was to create a highly secure, scalable, and regulatory-compliant data platform capable of meeting stringent banking governance standards.
About the Client
The client is a prominent fintech company headquartered in Toronto, Canada, specializing in payment solutions. As a major player in the industry, they handle a vast volume of transactional data and are known for their commitment to innovation and compliance with banking regulations such as PCI-DSS, SOC2 Type 2, and ISO 27001.
Problem Statement
The client’s data ecosystem was centered around Google Cloud BigQuery, which they sought to migrate to Amazon Redshift. It was spread across AWS & GCP and they were looking to consolidate on AWS. Additionally, the client aimed to modernize their AWS infrastructure to create a secure and scalable platform. Key requirements included:
- Compliance with banking regulations, including PCI-DSS, SOC2 Type 2, and ISO 27001.
- Seamless migration of data with zero downtime and minimal impact on downstream applications.
- Scalable architecture supporting real-time reporting dashboards.
- Enhanced governance and data security protocols.
Quantiphi conducted an in-depth analysis of the client's data ecosystem, including architecture, ETL processes, and visualization platforms. Leveraging this understanding, Quantiphi designed an end-to-end architecture for data migration and modernization.
Challenges
The project presented several challenges:
- Data Cleaning and Consistency: Ensuring data integrity throughout the migration process. Data volume included 7 backend DB’s, 5 event sources, and 11 files sources.
- Scalable Architecture: Building a platform capable of supporting reporting dashboards and analytics use cases.
- Manual IT Dependencies: Minimizing reliance on manual processes.
- Requirement Gathering: Understanding complex regulatory and governance requirements.
The Solution
Quantiphi developed a comprehensive cloud migration and modernization strategy on AWS, ensuring security and governance needs were met. The solution included:
- Cloud Migration Strategy: Tailored to migrate analytical data from Google Cloud BigQuery to Amazon Redshift while addressing compliance and governance needs.
- Infrastructure Modernization: Redesigned AWS infrastructure to create a highly scalable, secure, and compliant data warehouse platform.
- Roadmap for Analytics Use Cases: A prioritized plan for developing dashboards and delivering actionable insights.
- Zero Downtime Migration: Ensured seamless workload migration with zero glitches or impact on downstream applications.
Tools and Methods
To achieve the desired outcomes, Quantiphi leveraged the following AWS tools and services:
AWS Migration Hub
AWS Database Migration Service
AWS Snowball
AWS Server Migration Service
AWS DataSync
Amazon Redshift
Amazon S3
AWS Transfer for SFTP
Results and Impact Created
Quantiphi’s solution delivered measurable results:
- Seamless Migration: Achieved a flawless migration from Google Cloud BigQuery to Amazon Redshift with zero downtime.
- Cost Reduction: Lowered cloud costs by optimizing the client’s AWS environment.
- Intuitive Dashboards: Enabled actionable insights through highly intuitive visualizations.
- Enhanced Scalability: Delivered a robust, scalable architecture aligned with reporting needs.
By modernizing the client’s infrastructure and streamlining the migration process, Quantiphi empowered the fintech company to enhance operational efficiency, reduce costs, and comply with stringent banking regulations.
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