Partner Success with AWS / Financial Services / United States

February 2025
Q2
Presidio

Presidio Migrates Q2, Inc. Digital Banking Product to AWS to Accelerate Innovation While Reducing Costs

Q2, Inc., a financial experience company, partnered with AWS Partner Presidio to migrate its largest revenue-generating digital banking product to AWS, avoiding a costly on-premises hardware investment. Q2 set an ambitious goal to decrease costs by 25% to better serve each customer. The AWS migration would prove integral to achieving this goal. To satisfy a tight timeline and rigid uptime requirements, Presidio developed an automated, parallel migration platform called “Q2 Migration Manager” (Q2MM) to accelerate the project.

kr_quotemark

From FinOps to Professional Services to our Marketplace procurement partner, Presidio has become a ‘one-stop-shop’ for all things AWS-related. The potential for us to amplify each other’s success is unlimited and I look forward to the continued evolution and partnership between Q2, AWS, and Presidio in the coming years.”

Jordan Hager
SVP, Global Technology & Operations, Q2, Inc.

Opportunity

  • Q2, Inc. was staring down a multi-million dollar capital expenditure for on-premises hardware to support its expanding business. A move to AWS would support its growth goals in a cost efficient manner.
  • Q2 aimed to reduce its cost-to-serve by 25%, and lay the foundation for future AI-driven innovation.
  • Uptime stakes are high, as any dip below 99.95% availability would incur a financial penalty. The migration could not be done manually, however, given time constraints. So a secure, reliable automation option would prove ideal.
     

Solution

  • Presidio leverage AWS MAP funding to deliver a pilot migration for a subset of Q2’s digital banking platform technology stack. The successful migration proved out the Presidio approach, and identified areas of opportunity to accelerate the full migration.
  • Presidio innovated to automate the larger migration. Q2 Migration Manager (Q2MM) is an automated migration platform running on a custom-built Presidio tool that rapidly accelerated the migration to meet tight deadlines while satisfying uptime requirements.
  • Q2MM ensures robust security, provides real-time monitoring and reporting, delivers industry-standard scalability and flexibility, optimizes resource utilization, and logs compliance/audit documentation for future use.

Outcome

  • Presidio’s POC migrated a large subset (2,000+) customer container for initial testing. It achieved a 95% success rate, reducing migration time from two hours to 14 minutes, and cutting manual intervention by 96.3%.
  • Q2MM is migrating the rest of Q2’s digital backing platform tech stack to AWS. This includes ~300,000 containers and 500 terabytes of SQL data, on budget and well ahead of schedule.
  • Presidio and AWS are leading Day 2 modernization efforts, building upon the new cloud environment to deliver Q2 customers next-gen capabilities, including AI.

AWS Services Used

Establish connectivity between VPCs and AWS services without exposing data to the internet with AWS PrivateLink.

Learn more »

AWS Transit Gateway

Connect Amazon VPCs, AWS accounts, and on-premises networks to a single gateway with AWS Transit Gateway.

Learn more »

AWS Direct Connect

The AWS Direct Connect cloud service is the shortest path to your AWS resources. While in transit, your network traffic remains on the AWS global network and never touches the public internet.

Learn more »

Amazon EC2

Amazon Elastic Compute Cloud (Amazon EC2) offers the broadest and deepest compute platform, with over 750 instances and choice of the latest processor, storage, networking, operating system, and purchase model to help you best match the needs of your workload. .

Learn more »

More Financial Services Success Stories

Showing results: 9-12
Total results: 61

no items found 

  • Financial Services

    BMO and FICO Transform Financial Services with AWS

    Bank of Montreal (BMO), a 200-year-old financial institution and eighth-largest bank in the Americas, selected AWS Partner FICO and Amazon Web Services (AWS) to modernize its credit decision. Facing challenges with legacy, on-premises infrastructure, BMO transitioned to cloud services through FICO’s Platform on AWS. This move has provided a secure, scalable environment and eliminated issues with updates, offering seamless, version-free upgrades. The partnership has enabled faster, lower-cost changes, reduced data processing times, and allowed for enhanced data integration—all driving better, quicker service for BMO’s 12 million customers.

    2024
  • Financial Services

    Eviden Builds Rapidly Scalable Solution for Likezero on AWS

    Likezero is a UK-based agreement intelligence software company, spun out of professional services company PwC. Its legal agreement application previously ran on PwC’s private network, and is also hosted by two major partners—the London Stock Exchange and S&P Global. Likezero needed a new cloud-based solution after the company became independent from PwC, so it turned to AWS Partner Eviden to help it run its service for customers on Amazon Web Services (AWS). Eviden developed a highly scalable system for Likezero on AWS in 2 months.

    2024
  • Financial Services

    Transforming Financial Services in Latin America: Base39 Leaps to Efficiency with Amazon Bedrock

    Base39, a financial technology provider, has revolutionized its operations by adopting a serverless architecture on Amazon Web Services (AWS). Initially struggling with costly and complex manual searches, Base39 collaborated with AWS Partner MongoDB and AWS Partner Anthropic to leverage their respective solutions—Atlas Vector Search and Claude respectively. This transition cut loan analysis costs by 96% and decision time from three days to under an hour. The serverless model also reduced infrastructure costs by 84%, development costs by 75%, and maintenance by up to 100%. Supported by AWS and the MongoDB for Startups program, Base39 has significantly improved efficiency, customer satisfaction, and innovation, releasing new models weekly and enhancing financial solutions in Latin America.

    2024
  • Financial Services

    Schuberg Philis Helps de Volksbank Gain Insights Faster with Secure, Scalable Data Platform on AWS

    De Volksbank is the parent company and platform provider for four bank brands that deliver personalized banking to over 3 million customers in the Netherlands. De Volksbank’s mission is to build close relationships with its customers, employees, and shareholders and to make the biggest positive impact on Dutch society. To improve its customer-facing services, de Volksbank wanted to combine data from various sources to create data-driven business insights that help it adhere to compliance, accelerate application development, and drive adoption of cloud-native technologies. The company selected AWS Partner Schuberg Philis to build a resilient and scalable near real-time data platform on Amazon Web Services (AWS).

    2024
1 16

Get Started

Organizations of all sizes across all industries are transforming their businesses and delivering on their missions every day using AWS. Contact our experts and start your own AWS journey today.