How an Indonesian BFSI enterprise achieved cost savings and enhanced agility by streamlining cloud migration and FinOps practices

This case study explores how Greyamp Consulting enabled a leading Indonesia-based BFSI enterprise to successfully migrate its servers, applications, and databases to Amazon Web Services (AWS) leveraging modern DevOps practices. By utilizing AWS Database Migration Service and various automation tools, Greyamp successfully guided the enterprise in achieving increased agility, scalability, and cost savings through infrastructure optimization and FinOps strategies.

These are  the challenges that we were facing

Seamless App Migration
Migrating 40+ applications and databases from the on-premises data center to the cloud environment
Uninterrupted Business Transition
Ensuring a smooth and efficient transition without disrupting business operations
Efficient Cloud Resource Management
Managing and optimizing cloud resources and costs effectively
Optimized Cloud Environment
Achieving agility, scalability, and cost efficiency in the cloud environment

To address these challenges, we recommended and enabled the bank to implement a series of solutions

AWS-Powered Migration & Team Collaboration
Seamless cloud migration using AWS Database Migration Service and collaboration with application development teams
Streamlined Infrastructure Automation
Infrastructure automation using Terraform, Ansible, Packer, and other DevOps tools to streamline cloud resource deployment and management
Cloud Cost Optimization
Implementing FinOps practices like right-sizing EC2, RDS instances, identifying unused resources, and auto-stopping non-production environments to optimize costs

The implemented solutions yielded significant improvements

FinOps Savings: Potential savings of €0.5 million through FinOps practices for optimized cloud spending and cost transparency
Increased Agility and Scalability: Migration to AWS enabled rapid deployment and adjustments based on business needs Improved resource utilization and faster time-to-market for new products and services
Cost Efficiency: Reduced capital expenditures associated with data center maintenance. Variable operational costs allowed for greater control over spending and scaling resources as needed
Enhanced Business Continuity: Improved disaster recovery capabilities with data and applications protected and accessible in case of outages.
More Case Studies

Checkout Some Of The Articles From Our Blog

Rapid Experimentation with Digital Teams for Lean Pivoting, at a Bank in Jakarta

A business unit within a large Bank, that had a need for rapid experimentation...

Enabling a team of DevOps Engineers to manage the entire Digital Banking Platform

A large bank in Indonesia wanted to build a complete Digital Banking.....

Taking learning to the eXtreme - 24 Week Talent Attraction Program for a Pension Bank in Indonesia

A Pension bank in Indonesia wanted to....
Case Study
Launching a Digital Bank in Record Time in Taiwan - Rolled out MVP in 8 months
Project Overview
One of the prominent banks in Taiwan wanted to build a digital bank that would disrupt the market. This was a huge ask as we needed to change the way of working within the bank to a rapid iterative one. The bank wanted to become more outcome-driven which was fueled by early feedback and customer-centric product development design.
Aligning the entire team to a common purpose
Tight timelines and high delivery pressure
High Reputation risk if the launch did not go right
Getting the initial buy-in from leadership, as they were new to agile
Establishing effective communication channels within the org and vendor partners
MVP of product rolled out within 8 months
Successfully captured the market and continues to be one of the top apps in the Taiwan market
Enabled effective communications for early feedback to establish business value
Built a working relationship with the vendor partner based on agile tenets of working
Solutions Provided
Worked with the team to bring them up to establish the “Way of Working” based on Agile principles
Integrated the delivery process with the vendor partners, working as a Single Team, till ”Go-Live”
Adaptive Planning to maximize business value while working with constraints