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: 17-20
Total results: 61

no items found 

  • Financial Services

    Citizens Bank Modernizes its Mainframe with AWS Partner Precisely

    Discover how Citizens Bank overcame the challenges of inconsistent user experience, isolated data silos, and escalating costs to revolutionize their digital banking services. By teaming up with AWS Partner Precisely and Amazon Web Services (AWS), they engineered a groundbreaking solution that delivers trusted, near real-time data across customer channels. The solution resulted in a significant cut in overall expenses and a staggering reduction in MIPS usage. Dive into this transformative journey and see how innovative solutions can lead to significant savings and enhanced customer satisfaction.

    2024
  • Financial Services

    Citizens Bank Partners with MongoDB and AWS to Reduce Costs by $1.5M

    Citizens Bank wanted to deliver faster banking experiences and personalized offers for its customers, but innovation was challenged by its costly legacy platform. A collaboration with AWS Partner MongoDB allowed the bank to migrate to a modern tech stack by building a custom data cache on top of its legacy platform. The new architecture with the data cache transformed operations, reduced costs, enhanced access to data to expedite processing tasks, and improved data availability. In addition to delivering customer behavior insights, the new setup also optimized resources, supporting innovative and personalized experiences for Citizens Bank customers.

    2024
  • Financial Services

    Logz.io Allocates 98% of Workload Spending, Cuts 30% from AWS Costs Using Finout

    Israel-based Logz.io improved its FinOps practice with the help of AWS Partner Finout and was able to allocate 98 percent of its workloads and cut 30 percent of its total spending on Amazon Web Services (AWS). Finout’s platform gives its customers access to granular data on AWS, or any other cloud expenditure. It allows different departments to build simple dashboards to give all parts of the business a better understanding of their cloud spend.

    2024
  • Financial Services

    Muthoot Fincorp Reduces Platform Costs by 61% with Ganit and AWS

    Muthoot Fincorp, one of India’s leading non-bank financial companies, provides a wide array of financial services to its customers. It was transforming, reading, and storing the data related to these services in a way that was inefficient and costly, causing a strain on the company’s resources. With a solution from AWS Partner Ganit, Muthoot Fincorp was able to optimize its data storage setup and workflows to improve processing speeds and significantly lower costs.

    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.