ONE Capital Switzerland Ltd. (OCS) is a Swiss company in the application process for a Fintech license, to upon grant, provide accessible banking solutions for corporate clients. OCS is developing an advanced digital platform that leverages AI-based onboarding tools to optimize risk management, compliance, and operational processes. By minimizing manual tasks, from account setup to daily transactions, and mitigating potential disruptions, OCS ensures efficiency and security in financial operations. The service offering includes multi-currency support for holding and exchanging multiple currencies, international transaction capabilities, and seamless integration with existing business and accounting tools to enhance operational efficiency.
Challenges
OCS required a reliable infrastructure to support its new digital banking platform. Rather than building the full-scale platform all at once, the primary goal was to establish a minimum viable product (MVP) to ensure a successful launch. The main challenges included:
- Infrastructure Scalability: The platform needed to dynamically scale to meet evolving business needs and support increased workloads.
- Vendor Consolidation: OCS was managing multiple third-party vendors, requiring a unified cloud environment to streamline operations.
- Performance Optimization: Reliable, low-latency access was crucial for financial transactions and data processing.
- Security & Compliance: As a FinTech company, OCS needed a secure and auditable environment that adhered to financial industry regulations.
Solutions
Cloudvisor designed and implemented a robust AWS-based infrastructure to support OCS’s digital banking platform. The solutions included:
- AWS EKS Implementation: Ensured scalability and efficient resource utilization by leveraging Kubernetes for workload orchestration.
- Centralized Data Management: Consolidated multiple vendor sources into an Amazon RDS cluster, enabling seamless data handling and improved reliability.
- Content Delivery Optimization: AWS CloudFront reduced latency and accelerated content delivery, ensuring a smooth user experience even during peak traffic.
- Exclusive Cost Optimization: As a partner, Cloudvisor offered OCS an exclusive 50–90% discount off standard CloudFront service rates, reducing expenses without compromising performance.
- Auto-Scaling Configurations: Integrated auto-scaling within AWS EKS to dynamically adjust resources based on demand, optimizing costs without compromising performance. Our recommendation to use on-demand for baseline capacity and spot instances for auto-scaling helped further reduce costs.
- Enhanced Security & Compliance: Implemented PCI DSS best practices, AWS Config for operational best practices, AWS CloudTrail for activity monitoring, GuardDuty for proactive threat detection, and KMS encryption to protect sensitive financial data. Due to compliance requirements, the stack was deployed in the Zurich region.
- Infrastructure as Code (IaC): Automated infrastructure provisioning and management using Terraform, ensuring consistency and reducing deployment time.
- AWS Funding Support: Secured AWS funding to fully cover infrastructure costs, maximizing value while maintaining operational excellence.
Results
With Cloudvisor’s expertise, OCS successfully launched a reliable, secure, and scalable digital banking infrastructure. The key outcomes included:
- Efficient Deployment: Infrastructure as Code enabled consistent and repeatable deployments, reducing setup time and operational overhead.
- Seamless User Experience: AWS CloudFront’s CDN minimized latency and improved platform responsiveness, ensuring smooth transactions and interactions.
- Enhanced Security & Compliance: Implementation of AWS security services ensured regulatory compliance and protected sensitive financial data.
- Scalability & Cost Optimization: Auto-scaling configurations allowed OCS to dynamically adjust resources, optimizing costs while maintaining performance.
- Vendor Consolidation Success: A unified AWS environment streamlined operations, reducing complexity in managing multiple third-party vendors.
- Cost Efficiency: On-demand and spot instance strategies further reduced costs, enhancing resource allocation flexibility.
With Cloudvisor, businesses gain more than just technical expertise – they get a trusted partner who ensures a seamless cloud transition, maximizes cost savings, and builds infrastructure that grows with them. Let’s build something scalable and future-proof together!
“It was extremely valuable to collaborate with an AWS partner who quickly and professionally applied their years of expertise to our project. This allowed us to immediately benefit from the business value created without experimentation and error. Additionally, managing a large number of third-party vendors was a significant challenge in our case, but Cloudvisor handled it exceptionally well.”
– Robert Walenczak, IT Program Manager @ ONE Capital Switzerland
