Intelligent Fin.tech Issue 33 | Page 14

STRATEGIC SURVEILLANCE
STRATEGIC SURVEILLANCE

AI USE CASES WITH DATABASES

Profile Centevo: Scaling cloudnative banking services with IBM Db2 and AWS
Business challenge
In alignment with Profile Group’ s data and cloud strategy, Profile Centevo needed to quickly modernise its on-premises IBM Db2 database environments and missioncritical applications to a fully managed cloud service without downtime or application changes.
Solution
In just 15 days, Profile Centevo took its onpremises Db2 database environments and applications to the cloud, which would have taken three times longer without the Amazon RDS service. Traditionally, tedious tasks such as restoring a database to production took only two days without downtime or changes to applications. The migration to AWS is a significant milestone, with over 20 fund managers and distributors seamlessly transitioning to the new platform.
• 3x faster to modernise to AWS cloud with Amazon RDS for Db2
• 4x lower annual infrastructure costs
• 15 days to modernise on-premises database and applications to cloud
• 288 hours saved annually in maintaining manual upgrades �
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