DeltaOne Case Study
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DeltaOne Solutions processes over 700,000 indices daily using its SOLA platform. It partnered with Zen to build a new cloud-based infrastructure on AWS to address limitations in scalability, availability, and disaster recovery with its in-house hosting. The new infrastructure provided by Zen and AWS significantly improved DeltaOne's performance, recovery times, stability, and ability to scale. Zen helped educate DeltaOne on cloud capabilities and benefits.
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DeltaOne Case Study
- 1. CASE STUDY DATA IS A BIG DEAL IN THE FINANCE INDUSTRY ESPECIALLY WHEN IT COMES TO EQUITY INDICES. Capturing complex data on a global scale and distributing it to interested parties investment banks, asset managers, fund administrators, prime brokers and hedge funds is no easy task, but theres one business thats been taking care of the market for 14 years: DeltaOne Solutions. A specialist provider of managed and installed data services and delivering world-class data, technology and service solutions, DeltaOne Solutions processes in excess of 700,000 indices every single day using its expertly crafted platform, SOLA. Since it was launched in 2011, SOLA has helped create 50% year-on-year growth for DeltaOne Solutions; it provides a single point of reference, plug-and-play implementation capabilities and delivers data made to order perfect for the companys needs. GLOBAL BUSINESS CHALLENGES SOLVED WITH ZEN AND AWS 700,000 Indices processed every single day.
- 2. Contactusformoreinformation: 01706902910 info@zen.co.uk www.zen.co.uk THE SOLUTION Knowing Zen works together with Amazon Web Services (AWS) to deliver truly flexible, available and reliable cloud-based infrastructure, DeltaOne Solutions opted to call on Zen to build a platform that could help to drive a prosperous future. Zen has a catalogue of experience in building new environments with AWS, so DeltaOne Solutions knew it was in safe hands. We have peak loads just like any other business. When the US stock market closes and when the European stock market opens, we know were going to be busy, Bernie said. Being able to utilise the scalability AWS offers has opened up a whole new world for us, because we know we have all the capacity we could ever need to function at our best performance levels. Should we suffer a failure, were able to spin up new environments rapidly and because the server is built on intrinsic code written especially for us by Zen, were able to build those new environments from anywhere in the world and still access our databases. Theres no single point of failure, and the speed at which we can carry out our processes has improved significantly since moving to AWS. THE BENEFITS The capabilities AWS has offered to DeltaOne Solutions mean its recovery times have been drastically reduced and that it now works from a more stable and secure platform than ever before. Working with Zen to build a new infrastructure has enabled DeltaOne Solutions to gain a new perspective on the powers of cloud and virtualisation, and it hopes to see continued growth within the company as a result of implementing AWS. Zen are a very capable and friendly team whove helped us through the entire process. In fact, Zen have given us an education; theyve taught us whats capable in cloud, why its done in a certain way and the language AWS uses. Working with Zen has been very beneficial to us and well continue to work closely together as we strengthen our cloud-hosted solutions. Bernie Thurston, Global Head of DeltaOne Solutions THE CHALLENGE Though DeltaOne Solutions in-house platforms are tailored to their requirements. Its hosting was not built for growth and DeltaOne Solutions had outgrown its capabilities; application performance, availability and effective disaster recovery were hugely restricted as a result. Bernie Thurston, Global Head of DeltaOne Solutions, explained the limitations brought on by their old solution. We were having to purchase hardware on such a regular basis in order to continue processing efficiently, that it became unsustainable, he said. If our systems go down, we need to be able to recover within five minutes. With our old solution it was becoming increasingly hard to provide that; we physically didnt have the capabilities because our hardware created such a bottleneck.