Delivering Secure and Future-Proof Enterprise Solutions with AWS

Version 1 designs file transfer service and automated data processing solution in collaboration with Centaur

Centaur delivers independent fund administration and fiduciary services to Hedge Funds, Private Equity, Real Estate Funds, Insurance-Linked Security Funds, Family Offices, and Institutional Investors across the globe.

The Challenge

The Customer’s Challenge

Centaur has a data management platform that ingests, transforms, and processes daily trade files, broker statements, and portfolios from its clients. This platform needs to be improved to stay abreast with the organisation’s success. The platform needs to be enhanced to scale and accommodate the ever-increasing demand whilst simultaneously reducing operational overhead costs. Planned improvements will also reduce data processing latency which is of utmost importance in an environment where strong security and governance controls are crucial.

Solution Proposed by Version 1

Leveraging AWS Transfer Family

This solution took less than 50 days to design and engineer. The design for the solution was created in collaboration with Centaur, and development was carried out by a DevOps engineer.

The key components were a file transfer service and automated data processing.

AWS Transfer Family was leveraged to deliver the file transfer solution. This AWS Service provides a fully managed, highly available, and elastic SFTP Server. Files transferred to the SFTP Server are stored natively in S3. Replacing existing virtual machine-based services reduced both operational overhead and infrastructure costs incurred by Centaur.

For the automated data processing, a serverless, event-driven architecture using AWS Lambda was provisioned. This architecture was chosen to meet the solution goals of reducing operational overhead by not needing to manage the underlying cloud infrastructure whilst also providing scalable, decoupled processing.

Real Difference…

…Delivered

The serverless architecture proposed by Version 1:

• Scales seamlessly to handle increasing client demand
• Reduces operational overhead. There is no longer any need to manage the underlying cloud infrastructure
• Is highly available, allowing uninterrupted service to Centaur’s clients
• Minimises cost, with the customer only paying for the resources consumed

The decoupled nature of the solution provides excellent flexibility for future enhancements.

The Version 1 guide to Modernisation can be found here.

About Version 1

Version 1 proves that IT can make a real difference to our customers’ businesses. We are trusted by global brands to deliver IT services and solutions which drive customer success. Our team of over 2500 dedicated difference-makers works tirelessly to provide independent advice and deliver impactful changes to help our customers navigate the rapidly changing Digital-First world we live in. Our greatest strength is balance in our efforts to achieve Customer Success, Empowered People, and a Strong Organisation, underpinned by a commitment to our values. We believe this is what makes Version 1 different and more importantly, our customers agree.