Digital transformation, evolving regulations, and disruptive technologies are reshaping the capital markets landscape, and key players are leveraging the power of open source Postgres. Wanting to give the best possible support to applications running on Postgres, Murex decided to use an enterprise database management system from EDB in order to ensure optimal performance, high availability, and seamless data migration and integration.
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.