Objectives
Fidelity needed a flexible cloud architecture with newly automated processes and a modernized front-end.
In an effort to seek greater agility and scale, Fidelity engaged Mastek to develop a modernized strategy for their new cloud environment.
Fidelity needed to respond to the demands of its business and end users for the benefits available in the cloud.
The Challenges
- Existing Netezza systems approaching end of life.
- Inability to support data growth with a simple, cost effective solution.
- High maintenance cost and slow application development.
Why Mastek?
- Proven expertise and deep knowledge in migrating from Netezza to Snowflake.
- Model to reduce high maintenance cost and slow application development.
- Proof of Concept to establish the right architecture and environment.
Benefits
- Performance – 3x improvement in ad hoc query response times.
- Affordability – 16% reduction in annual OPEX.
- Agility – Workflow adjustments in Data Lake made in minutes; environment can handle growth in user data from 80TB to 1PB.
- Simplicity – Implemented a re-usable framework and self-service utility with open-source tools
