The Reasons for (and Benefits of) Moving to IaaS: A Case Study at FINRA

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The Reasons for (and Benefits of) Moving to IaaS: A Case Study at FINRA

Article
Posted November 10, 2015 in Business Technology & Digital Transformation Strategies Cutter Business Technology Journal
In this issue:

FINRA, the largest independent regulator for all securities firms doing business in the US, is moving its technology platform to the Amazon Web Services (AWS) cloud and open source platforms. The program has been underway for close to two years, and 70% of systems are currently operating in the cloud. This case study begins by outlining our objectives for moving to the cloud and how these resulted in choosing a virtual private cloud using a large-scale cloud provider (AWS) rather than building our own private cloud. It also reviews how FINRA addressed several concerns that companies considering a migration to the cloud often face, including security, the balance of business and architectural concerns, DevOps requirements, disaster recovery, and implications for our culture.