BG-Phoenics, a German IT services outfit specialising in the insurance market has migrated 500 IBM Db2 databases to the EDB iteration of Postgres in a sign of life after proprietary wares. The company joins Indian credit reference agency TransUnion CIBIL, which shifted Oracle workloads to EDB, providing evidence for the viability of open-source database tech for demanding business workloads.
Purpose Financial was looking to transition from an on-premises setup to a scalable Postgres and AWS cloud-based architecture while ensuring seamless operations and financial data security for the long term. With Postgres and EDB’s Remote DBA Service, Purpose Financial achieved significant cost savings, scalability, and performance. By implementing strategic backup, maintenance and data protection strategies, Purpose Financial has embraced digital transformation to power lending innovation for the future.