Modernization of Assets Insights Management (AIM) Application for Financial Services Company

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CASE STUDY

Industry | Financial Services

Technology | AWS Cloud

Location | Chicago, Illinois, USA

The client, a top-tier wealth management firm headquartered in Chicago, faced performance and scalability challenges with its Assets Insights Management (AIM) Application, particularly during high traffic periods. To address these challenges, Royal Cyber implemented a serverless architecture leveraging AWS Lambda, API Gateway, and Step Functions. This transformation resulted in optimized performance, enhanced scalability, and significant cost reductions, enabling Hightower to efficiently handle increased workloads while maintaining high availability and security.

Challenges

Performance bottlenecks, which led to high latency during peak usage, impacting user experience.

Limited scalability due to existing monolithic infrastructure that could not efficiently handle fluctuating workloads.

High operational costs due to over-provisioned resources which led to unnecessary expenses.

Inefficient error handling resulting in slow troubleshooting and resolution

Key Outcomes

Cost Reduction

Monthly costs decreased by 69% due to pay-as-you-go pricing.

Enhanced Performance

Latency reduced by 62.5%, improving response times.

Solutions

Successfully migrated from monolithic to serverless architecture

Lambda layers introduced to optimize package sizes and enable dependency reuse.

Enhanced security with data encryption (KMS) and private VPC configurations.

What Customers Say about Royal Cyber

Just wanted to say “thanks” and “nice job” that you put “skin in the game” by coming to the meeting with some well thought out and demonstrable ideas.