Halo Financial Services Limited Migration
Halo Financial Services Limited offers a wide range of digital financial products, including
banking, savings, investments, and credit services. The platform empowers individuals, businesses,
and community groups to manage finances, grow savings, and make investments, while providing
tailored financial solutions.
Industry Vertical
Digital Financial Services
Digital Financial Services
The Challenges
- As Halo’s customer base rapidly expanded, they faced two major challenges when transitioning
to AWS:
- Scalability: Halo needed a more flexible infrastructure to support its growing user base
and increased demand for services.
- Cost Optimization: Halo sought to reduce operational costs by migrating to AWS and
leveraging its cost-effective solutions to enhance budget management and operational
efficiency.
- As Halo’s customer base rapidly expanded, they faced two major challenges when transitioning to AWS:
- Scalability: Halo needed a more flexible infrastructure to support its growing user base and increased demand for services.
- Cost Optimization: Halo sought to reduce operational costs by migrating to AWS and leveraging its cost-effective solutions to enhance budget management and operational efficiency.
Solution
- Amazon EC2: Scalable cloud computing power that allowed Halo to manage
increasing demand, providing flexible resources for different workloads.
- Amazon S3: Secure and highly available storage solution for large amounts
of data, including user information, transaction records, and financial data, ensuring
durability and accessibility.
- Amazon Managed Blockchain:A fully managed blockchain service to ensure
secure, transparent, and decentralized management of financial transactions and smart
contracts, enhancing the integrity of Halo’s platform.
Results
- Increased Scalability:With Amazon EC2, Halo was able to scale its
infrastructure dynamically, handling a 40% increase in user activity without compromising
performance.
- Cost Savings: By leveraging AWS’s cost-effective services, Halo reduced its
operational costs by 25%, helping optimize their financial operations and budget management.
- Enhanced Security and Transparency: Using Amazon Managed Blockchain, Halo
improved transaction security and transparency, providing their users with more trust in the
platform’s integrity. This contributed to a 15% increase in customer satisfaction related to
transaction trust
- Increased Scalability:With Amazon EC2, Halo was able to scale its infrastructure dynamically, handling a 40% increase in user activity without compromising performance.
- Cost Savings: By leveraging AWS’s cost-effective services, Halo reduced its operational costs by 25%, helping optimize their financial operations and budget management.
- Enhanced Security and Transparency: Using Amazon Managed Blockchain, Halo improved transaction security and transparency, providing their users with more trust in the platform’s integrity. This contributed to a 15% increase in customer satisfaction related to transaction trust
