Solution Development: Aladdin Digital Bank
About Client
Aladdin Digital Bank, a leading Nigerianneobank, offers a wide array of digital financial services aimed at simplifyingthe banking experience for its customers. Faced with the challenge of scaling their services while ensuring reliability, security, and compliance, Aladdin partnered with Qucoon, an advanced AWS Partner, to leverage AWS managed services. This partnership transformed Aladdin's infrastructure, enabling them to offer enhanced digital banking services efficiently and securely.
Challenges
Aladdin Digital Bank's rapid growth introduced several critical challenges:
- Scalability and Reliability: Increasing user base and transaction volume demanded a scalable andreliable infrastructure to ensure uninterrupted service availability.
- Security and Compliance: As a fintech company, Aladdin needed to uphold the highest security standards and comply with financial regulations, protecting customer data and transactions.
- Innovation and Market Responsiveness: To stay ahead in the competitive fintech space, Aladdin required the agility to innovate and introduce new services quickly.
How Qucoon Helped
Qucoon designed an AWS-based solution focusing on scalability, security, compliance,and innovation to address Aladdin's challenges:
- Amazon EC2 for scalable computing capacity, coupled with Auto Scaling to adjust resources automatically, ensuring consistent performance.
- Amazon RDS and Amazon DynamoDB were implemented for reliable, scalable database services, supporting Aladdin's complex transactional requirements.
- Utilized AWS Identity and Access Management (IAM) and Amazon Cognito for secure and scalable user authentication.
- AWS Key Management Service (KMS) and AWS Shield were deployed to manage encryption keys and protect against DDoS attacks, respectively, ensuring data security and integrity.
- Compliance requirements were met by adhering to AWS's compliance programs, which are in line with global financial regulatory standards.
- AWS Lambda enabled serverless computing, allowing Aladdin to quickly deploy new features without managing servers.
- Amazon API Gateway was used to create, publish, maintain, and secure APIs at any scale, facilitating easy integration with third-party services and partners.
Outcome
The AWS managed services solution provided by Qucoon delivered transformative outcomes for Aladdin Digital Bank:
- Scalability and Reliability: The infrastructure can now dynamically scale, handling a 350% increase in transaction volumes over 6 months with 0% transaction failure.
- Security and Compliance: Compliance with PCIDSS industry standards and regulatory data policy.
- Innovation and Agility: AWS DevOps implementation reduced time-to-market for new features from months to weeks, significantly enhancing Aladdin's competitive edge.
About Client
About Client
Aladdin Digital Bank, a leading Nigerianneobank, offers a wide array of digital financial services aimed at simplifyingthe banking experience for its customers. Faced with the challenge of scaling their services while ensuring reliability, security, and compliance, Aladdin partnered with Qucoon, an advanced AWS Partner, to leverage AWS managed services. This partnership transformed Aladdin's infrastructure, enabling them to offer enhanced digital banking services efficiently and securely.
Challenges
Aladdin Digital Bank's rapid growth introduced several critical challenges:
- Scalability and Reliability: Increasing user base and transaction volume demanded a scalable andreliable infrastructure to ensure uninterrupted service availability.
- Security and Compliance: As a fintech company, Aladdin needed to uphold the highest security standards and comply with financial regulations, protecting customer data and transactions.
- Innovation and Market Responsiveness: To stay ahead in the competitive fintech space, Aladdin required the agility to innovate and introduce new services quickly.
How Qucoon Helped
Qucoon designed an AWS-based solution focusing on scalability, security, compliance,and innovation to address Aladdin's challenges:
- Amazon EC2 for scalable computing capacity, coupled with Auto Scaling to adjust resources automatically, ensuring consistent performance.
- Amazon RDS and Amazon DynamoDB were implemented for reliable, scalable database services, supporting Aladdin's complex transactional requirements.
- Utilized AWS Identity and Access Management (IAM) and Amazon Cognito for secure and scalable user authentication.
- AWS Key Management Service (KMS) and AWS Shield were deployed to manage encryption keys and protect against DDoS attacks, respectively, ensuring data security and integrity.
- Compliance requirements were met by adhering to AWS's compliance programs, which are in line with global financial regulatory standards.
- AWS Lambda enabled serverless computing, allowing Aladdin to quickly deploy new features without managing servers.
- Amazon API Gateway was used to create, publish, maintain, and secure APIs at any scale, facilitating easy integration with third-party services and partners.
Outcome
The AWS managed services solution provided by Qucoon delivered transformative outcomes for Aladdin Digital Bank:
- Scalability and Reliability: The infrastructure can now dynamically scale, handling a 350% increase in transaction volumes over 6 months with 0% transaction failure.
- Security and Compliance: Compliance with PCIDSS industry standards and regulatory data policy.
- Innovation and Agility: AWS DevOps implementation reduced time-to-market for new features from months to weeks, significantly enhancing Aladdin's competitive edge.
Business Background
About Client
Aladdin Digital Bank, a leading Nigerianneobank, offers a wide array of digital financial services aimed at simplifyingthe banking experience for its customers. Faced with the challenge of scaling their services while ensuring reliability, security, and compliance, Aladdin partnered with Qucoon, an advanced AWS Partner, to leverage AWS managed services. This partnership transformed Aladdin's infrastructure, enabling them to offer enhanced digital banking services efficiently and securely.
Challenges
Aladdin Digital Bank's rapid growth introduced several critical challenges:
- Scalability and Reliability: Increasing user base and transaction volume demanded a scalable andreliable infrastructure to ensure uninterrupted service availability.
- Security and Compliance: As a fintech company, Aladdin needed to uphold the highest security standards and comply with financial regulations, protecting customer data and transactions.
- Innovation and Market Responsiveness: To stay ahead in the competitive fintech space, Aladdin required the agility to innovate and introduce new services quickly.
How Qucoon Helped
Qucoon designed an AWS-based solution focusing on scalability, security, compliance,and innovation to address Aladdin's challenges:
- Amazon EC2 for scalable computing capacity, coupled with Auto Scaling to adjust resources automatically, ensuring consistent performance.
- Amazon RDS and Amazon DynamoDB were implemented for reliable, scalable database services, supporting Aladdin's complex transactional requirements.
- Utilized AWS Identity and Access Management (IAM) and Amazon Cognito for secure and scalable user authentication.
- AWS Key Management Service (KMS) and AWS Shield were deployed to manage encryption keys and protect against DDoS attacks, respectively, ensuring data security and integrity.
- Compliance requirements were met by adhering to AWS's compliance programs, which are in line with global financial regulatory standards.
- AWS Lambda enabled serverless computing, allowing Aladdin to quickly deploy new features without managing servers.
- Amazon API Gateway was used to create, publish, maintain, and secure APIs at any scale, facilitating easy integration with third-party services and partners.
Outcome
The AWS managed services solution provided by Qucoon delivered transformative outcomes for Aladdin Digital Bank:
- Scalability and Reliability: The infrastructure can now dynamically scale, handling a 350% increase in transaction volumes over 6 months with 0% transaction failure.
- Security and Compliance: Compliance with PCIDSS industry standards and regulatory data policy.
- Innovation and Agility: AWS DevOps implementation reduced time-to-market for new features from months to weeks, significantly enhancing Aladdin's competitive edge.
