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Azure Cloud Migration for Financial Services

Date: 24 July, 2024
Solutions: Cloud Migration & Modernization

Migrating legacy on-premises infrastructure to Azure cloud with enhanced security and performance.

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Client Overview

A rapidly growing lending and finance startup providing innovative financial solutions to small and medium-sized businesses. As their customer base expanded, the limitations of their on-premises infrastructure became a critical bottleneck, requiring a strategic move to cloud infrastructure to support continued growth and maintain competitive advantage.

The Challenge

The financial services company faced significant infrastructure limitations:

  • Slow SQL workloads affecting loan processing times
  • High operational costs for maintaining on-premises infrastructure
  • Inability to scale rapidly during peak business periods
  • Complex security requirements for financial data compliance
  • Limited disaster recovery and business continuity capabilities

The Solution

We executed a comprehensive Azure cloud migration strategy:

  • Azure Migrate assessment followed by lift & shift of 60 VMs
  • Replatformed SQL workloads to Azure SQL Managed Instance
  • Implemented Azure AD, Conditional Access, and PIM
  • Automated patching via Azure Automation with PowerShell
  • Built comprehensive monitoring in Azure Monitor & Log Analytics

Implementation Details

Azure Migration Assessment

We began with a comprehensive Azure Migrate assessment to analyze the existing infrastructure, identify dependencies, and create a detailed migration roadmap. This assessment helped us determine the most cost-effective migration approach while minimizing business disruption and ensuring all compliance requirements would be met in the cloud environment.

Virtual Machine Migration

Using a lift-and-shift approach, we migrated 60 virtual machines to Azure with zero downtime. The migration was executed in phases, starting with non-critical workloads to validate the process before moving production systems. Each VM was optimized for Azure, right-sizing resources to balance performance and cost efficiency.

Database Modernization

Legacy SQL Server workloads were replatformed to Azure SQL Managed Instance, providing a fully managed database service with built-in high availability, automated backups, and intelligent performance optimization. This modernization approach eliminated database administration overhead while delivering a 45% improvement in query performance.

Security & Identity Management

We implemented Azure Active Directory as the identity platform, enabling single sign-on and multi-factor authentication. Conditional Access policies were configured to enforce context-aware access controls, while Privileged Identity Management (PIM) provides just-in-time administrative access with full audit trails, meeting stringent financial services security requirements.

Automation & Monitoring

Azure Automation runbooks with PowerShell scripts were deployed to handle routine patching and maintenance tasks, reducing manual effort and ensuring consistent operations. Comprehensive dashboards in Azure Monitor and Log Analytics provide real-time visibility into system health, performance metrics, and security events.

Measurable Results

35%

Cost savings with Azure Reserved Instances

45%

Database performance improvement

Zero

Downtime during cutover

SOC 2

Audit passed with enhanced security

Key Takeaways

This Azure cloud migration project exemplifies how strategic cloud adoption can transform operational efficiency while reducing costs. By moving from costly on-premises infrastructure to Azure's flexible cloud platform, the financial services company achieved significant cost savings through Reserved Instances while gaining the ability to scale resources dynamically based on business demand.

The modernization of SQL workloads to Azure SQL Managed Instance delivered immediate performance benefits, with 45% faster database operations directly improving customer experience during loan processing. Most critically, the zero-downtime migration approach ensured business continuity throughout the transition, and the enhanced security posture enabled the company to successfully pass their SOC 2 audit, opening doors to larger enterprise customers.

The combination of Azure's built-in security features, automated management capabilities, and comprehensive monitoring tools positions this organization for sustainable growth while maintaining the stringent security and compliance standards required in the financial services industry.

Technologies Used

Cloud Platform: Microsoft Azure | Migration: Azure Migrate | Database: Azure SQL Managed Instance | Identity & Security: Azure AD, Conditional Access, PIM | Automation: Azure Automation, PowerShell | Monitoring: Azure Monitor, Log Analytics

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