A well-established Investment Services company with over $500 billion in assets under management planned to launch a high profile project: launching an online trading application. In high-frequency trading, where trades are executed by algorithms at extremely high speeds, trades need to happen in milliseconds or even microseconds. EDB's hybrid-cloud deployment and disaster recovery and backup capabilities proved crucial.
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.