Migration of Critical Database Architecture to Amazon Aurora

Client: FMG Suite
Industry: Financial Technology
Solution Provider: North Labs
Project Scope: Database Architecture Migration
Technologies Used: Amazon Aurora, AWS Services

Background

FMG Suite, a leading provider of marketing and business automation technology to financial advisors and insurance agents, recently expanded its technology portfolio with the acquisition of MyRepChat, a technology company offering compliant text messaging solutions for financial professionals. To enhance the scalability, reliability, and performance of MyRepChat's services, FMG Suite decided to migrate the existing database architecture to Amazon Aurora.

Challenges

The existing database system of MyRepChat was based on a traditional relational database model, which struggled to handle the high volume and velocity of data generated by the platform. Key challenges included:

Scalability: Difficulty in scaling the database infrastructure to meet growing data demands.
Performance: Inconsistencies in query performance, leading to slow response times.
Maintenance: High overheads associated with maintaining legacy database systems.
Compliance: Ensuring that the migration and new system adhered to stringent financial industry regulations.

Solution

North Labs, leveraging its expertise as an AWS partner, was tasked with designing and implementing a seamless migration of MyRepChat’s database to Amazon Aurora. The solution involved several key phases:

Assessment and Planning: Conducting a thorough analysis of the existing database and workload requirements to ensure a smooth transition.
Schema Conversion: Utilizing AWS Schema Conversion Tool to convert the existing database schema to be compatible with Amazon Aurora.
Data Migration: Implementing AWS Database Migration Service to transfer data to Aurora without downtime, ensuring business continuity.
Performance Optimization: Tuning the Aurora database to optimize query performance and resource utilization.
Compliance and Security: Establishing robust security measures, including encryption at rest and in transit, to comply with financial regulations.

Results

The migration to Amazon Aurora brought transformative benefits to MyRepChat, including:

Enhanced Performance: Queries that previously took minutes now execute in seconds, significantly improving the user experience.
Scalability: Amazon Aurora's scalability features allow FMG Suite to effortlessly scale database operations up or down based on demand, without any downtime.
Reduced Costs: By optimizing resource usage and maintenance, FMG Suite achieved substantial cost savings on database operations.
Improved Compliance: The new architecture enhanced data integrity and security, ensuring compliance with industry regulations.

Conclusion

The successful migration of MyRepChat’s database architecture to Amazon Aurora by North Labs not only enhanced the platform's performance and scalability but also positioned FMG Suite to better serve its clients with reliable and compliant communication solutions. This project highlights North Labs' capability in leveraging AWS technologies to solve complex data challenges in the financial technology industry.

For more information about how North Labs can assist with your technology needs, visit northlabs.io.

‍

Client: FMG Suite
Industry: Financial Technology
Solution Provider: North Labs
Project Scope: Database Architecture Migration
Technologies Used: Amazon Aurora, AWS Services

Background

Challenges

Scalability: Difficulty in scaling the database infrastructure to meet growing data demands.
Performance: Inconsistencies in query performance, leading to slow response times.
Maintenance: High overheads associated with maintaining legacy database systems.
Compliance: Ensuring that the migration and new system adhered to stringent financial industry regulations.

Solution

Assessment and Planning: Conducting a thorough analysis of the existing database and workload requirements to ensure a smooth transition.
Schema Conversion: Utilizing AWS Schema Conversion Tool to convert the existing database schema to be compatible with Amazon Aurora.
Data Migration: Implementing AWS Database Migration Service to transfer data to Aurora without downtime, ensuring business continuity.
Performance Optimization: Tuning the Aurora database to optimize query performance and resource utilization.
Compliance and Security: Establishing robust security measures, including encryption at rest and in transit, to comply with financial regulations.

Results

The migration to Amazon Aurora brought transformative benefits to MyRepChat, including:

Enhanced Performance: Queries that previously took minutes now execute in seconds, significantly improving the user experience.
Scalability: Amazon Aurora's scalability features allow FMG Suite to effortlessly scale database operations up or down based on demand, without any downtime.
Reduced Costs: By optimizing resource usage and maintenance, FMG Suite achieved substantial cost savings on database operations.
Improved Compliance: The new architecture enhanced data integrity and security, ensuring compliance with industry regulations.

Conclusion

For more information about how North Labs can assist with your technology needs, visit northlabs.io.

‍

Business Impact

Rapid Growth

Thanks partly to the enthusiastic reception of the dashboards created by North Labs, Roy expects that 4TellX will double its revenue in just twelve months. “Clients love our dashboards, and that helps us grow,” said Roy. “That plays a massive part in our ability to scale our business.”

Dramatically Faster Systems

In addition to building a data warehouse for 4TellX, North Labs helped reconstruct 4TellX’s extract, transform, and load (ETL) process. This made the entire system run smoother while lowering costs. The new ETL process also improved the loading time by 80 percent, from as much as fifteen seconds to as low as three seconds.

More Engaged Clients

As clients started to see where 4TellX was going with the platform’s development, they became more enthusiastic and engaged. Additionally, they no longer wait for data to download and appear on their screens. Now, clients can get what they want in seconds, even though the data comes from various sources.