![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 23 long banner inside article post image](https://renovacloud.com/wp-content/uploads/2023/12/long-banner-inside-article-post-image.png)
Joint Stock Commercial Bank successfully
accelerated growth by migrating to AWS
A commercial joint stock bank was established in the mid of nineties with more than 200 business units spread across all regions and key economic centers across Vietnam. This bank was ranked number One in terms of profit growth rate and number Three in terms of return on capital efficiency as a joint stock commercial bank. As a result, it has been widely recognized as one of Vietnam's leading banks that sustained good and stable growth for many years.
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 24 169850](https://renovacloud.com/wp-content/uploads/2023/12/169850-150x150.png)
field:
Finance - Banking
technology:
Amazon S3
Amazon CloudWatch
AWS Control Tower
AWS Migration Acceleration Program
CUSTOMER CHALLENGE
Vietnam’s population will soon reach 100 million and nearly 80% of which are Internet users. This has created a vicious race of digitalization between banks to acquire a larger pool of customers, especially those that are tech-savvy. This bank is not only a competitor, its ambition is to lead this race. In order for this commercial bank to achieve such a rapid growth target, having a highly scalable, reliable, and cost-effective backend infrastructure is of paramount importance.
SOLUTION
Renova Cloud was entrusted with migrating this bank’s three of the most important services, including Treasury, Web of this bank, and Omni, which were previously hosted on an on-premise, legacy system. In order to choose the most plausible migration strategy for this project, Renova had spent a great amount of time and effort reviewing the business requirements, internal policies, and external regulations with constant consideration of related AWS best practices. As a result, Re-host migration strategy was chosen strategy.
Overall, the bank source workloads were migrated in 3 phases as follows:
- Setting up AWS Control Tower for Landing Zone and multi-account environment
- Perform re-host system with VM Export/Import, database backup and restore
- Implement native monitoring, logging, and backup integration for the migrated system.
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 25 The proposed architecture for the system is migrated to the AWS cloud](https://renovacloud.com/wp-content/uploads/2023/12/OverallDiagram-Page-1.png)
Figure: The proposed architecture for the system is migrated to the AWS cloud
During the first stage, Renova started with establishing the Landing Zone by using Control Tower to implement the MVP (Minimum Viable Product) of the migration project. Simultaneously, the multi-account framework was also introduced, to which the three above mentioned services must adhere to. On the other hand, Renova employed AWS Infrastructure as Code for pre-defined and pre-approved resource deployment, which considerably helped cut down on time and resources spent on deployment tasks.
With regards to the migration stage, Renova initially recommended the use of an automated lift-and-shift solution – AWS Application Migration Service (MGN), which could have significantly reduced the complexity and duration of migration tasks. However, this would have violated the bank’s internal security policy so the proposal failed to receive final approval. As a workaround, Renova instructed the bank team to manually export and import the source workloads onto S3 to restore the servers themselves. This method was thought to be time-consuming at first but the team of this bank was already using virtualization techniques on-premise so the process took less time than expected without any issues.
Overall, the monitoring and logging approach in the bank project was centered around the Amazon CloudWatch service for infrastructure and migration. For the whole system that was migrated using the Re-host approach, most of the workloads were lifted onto EC2 instances so they would have EC2 metrics by default. With regards to logging, CloudWatch Logs were used to store live logs with the retention at 90 days as short-term storage, while for longer storage duration, Renova Cloud replied on S3 bucket using a Log Archive account. As for back-up strategy, EBS volumes were designed to have backup automatically loaded onto Vault for each EC2 instance. The storage for all back-ups was also centralized for ease of management, in which there was one short retention copy in the resource-hosting account and one replication copy in the shared-service account. In the event of backup restoration, the latest snapshot would be automatically loaded onto a new cluster. The policy used to govern the backup restoration mechanism was not rigid but rather flexible, depending on the system level, which also dictate the length of retention.
In addition, the whole bank system was founded upon multi-AZ deployment with load balancers at the forefront. In order to have this bank architecture further reinforced, Renova Cloud configured an auto-scaling mechanism for some of the applications based on the metrics retrieved from CloudWatch. All of the above equipped the bank’s system with the ability to tolerate fault against AZ outage and to scale automatically in accordance to the rise and fall of business needs.
BENEFITS
Although the client did not disclose their current spending for operating and maintaining the three source workloads, Renova believed that migrating them onto AWS offered great advantages. For instance, the bank’s team benefited from the AWS Migration Acceleration Program (MAP) in terms of receiving incentives and resources for engagement, which helped increase the pace of the bank’s migration and modernization project. In addition, AWS Credits of 25% were also applied which helped the bank’s team to cut down on the final cost, up to a certain extent. Speaking in broader terms, the migration to AWS cloud benefited this bank financially and performance-wise with greater operational excellence, faster releases, more transparency, and simpler maintenance.
RELATED STORIES
![GSM's Journey with Amazon EKS 1 6 1](https://renovacloud.com/wp-content/uploads/2024/03/6-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
GSM
GSM’s Journey with Amazon EKS
GSM has decided to adopt Amazon EKS, entrusting its container orchestration capabilities would provide a robust solution for GSM’s complex IT infrastructure.Read more>![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 2 6 1 7](https://renovacloud.com/wp-content/uploads/2023/12/6-1-7.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 2 6 1 7](https://renovacloud.com/wp-content/uploads/2023/12/6-1-7.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
Ngân hàng Thương mại Cổ phần
Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS
The competitive digital race among banks is increasingly fierce, focusing on attracting technology-savvy customers. The commercial bank wanted to stay ahead of the competition and required scalable, reliable and cost-effective back-end infrastructure for rapid growth.Read more>![IMV’s Business Intelligence Empowered by AWS Data Management Solution 3 IMV web 610x400 1](https://renovacloud.com/wp-content/uploads/2023/11/IMV-web-610x400-1.png)
![IMV’s Business Intelligence Empowered by AWS Data Management Solution 3 IMV web 610x400 1](https://renovacloud.com/wp-content/uploads/2023/11/IMV-web-610x400-1.png)
IMV
IMV’s Business Intelligence Empowered by AWS Data Management Solution
The former infrastructure of IMV lacked the scalability required to accommodate the growing volumes of data and the increasing demand for business intelligence and analytics. Read more>![Vietnam’s Prominent E-wallet Migrated Its Two Most Critical Workloads to AWS 4 web 610x400 5](https://renovacloud.com/wp-content/uploads/2023/08/web-610x400-5.jpg)
![Vietnam’s Prominent E-wallet Migrated Its Two Most Critical Workloads to AWS 4 web 610x400 5](https://renovacloud.com/wp-content/uploads/2023/08/web-610x400-5.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
E-wallet
Vietnam’s Prominent E-wallet Migrated Its Two Most Critical Workloads to AWS
The E-wallet in question is one of Vietnam’s largest online payment platforms, developed and published by one of the most dominant technology players in the region. Read more>![F88's Journey to a Secure and Centralized Data Management with AWS Cloud Solutions 5 web 610x400 8](https://renovacloud.com/wp-content/uploads/2023/09/web-610x400-8.jpg)
![F88's Journey to a Secure and Centralized Data Management with AWS Cloud Solutions 5 web 610x400 8](https://renovacloud.com/wp-content/uploads/2023/09/web-610x400-8.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 26 Cloud Reselling White 1](https://renovacloud.com/wp-content/uploads/2023/09/Cloud-Reselling-White-1.png)
F88
F88’s Journey to a Secure and Centralized Data Management with AWS Cloud Solutions
Established in 2013, F88 stands as the forerunner network of secure lending in Vietnam, focusing on serving micro & small enterprises as well as individual customers. Receiving substantial financial support from renowned global Read more>![Greenfeed Data optimization solution with AWS 6 web 610x400 12](https://renovacloud.com/wp-content/uploads/2022/07/web-610x400-12.png)
![Greenfeed Data optimization solution with AWS 6 web 610x400 12](https://renovacloud.com/wp-content/uploads/2022/07/web-610x400-12.png)
Greenfeed
Greenfeed Data optimization solution with AWS
Greenfeed's mission is to provide consumers with a clean food chain from farm to table with the 3F Plus process - FARM FEED FOOD. Read more>![RENOVA - STARTUP OI - SUCCESS STORY 7 web 610x400 3](https://renovacloud.com/wp-content/uploads/2022/05/web-610x400-3.png)
![RENOVA - STARTUP OI - SUCCESS STORY 7 web 610x400 3](https://renovacloud.com/wp-content/uploads/2022/05/web-610x400-3.png)
Startup oi
RENOVA – STARTUP OI – SUCCESS STORY
Startup Oi is a new social media and tech talent platform. Startup Oi has an ambitious goal to focus on professional needs of tech engineers and developers, building a digital community and connecting with job opportunities and tech events. Read more>![VIETCETERA - MIGRATION JOURNEY TO AWS 8 web 610x400 5](https://renovacloud.com/wp-content/uploads/2022/04/web-610x400-5.png)
![VIETCETERA - MIGRATION JOURNEY TO AWS 8 web 610x400 5](https://renovacloud.com/wp-content/uploads/2022/04/web-610x400-5.png)
Vietcetera
VIETCETERA – MIGRATION JOURNEY TO AWS
Founded in 2016, Vietcetera is a first-of-its-kind multimedia digital platform producing editorial content along with video series and podcasts in both Vietnamese and English.Read more>![IMV – ON-PREMISE TO CLOUD JOURNEY 9 imv photo](https://renovacloud.com/wp-content/uploads/2022/03/imv-photo.png)
![IMV – ON-PREMISE TO CLOUD JOURNEY 9 imv photo](https://renovacloud.com/wp-content/uploads/2022/03/imv-photo.png)
IMV
IMV – ON-PREMISE TO CLOUD JOURNEY
International Minh Viet Joint Stock Co. is a distribution company which entails general trade, modern trade, as well as an e-commerce channel. Read more>![SmartPay Rehost and Replatform Migration on AWS 10 smartpay illustration photo](https://renovacloud.com/wp-content/uploads/2021/07/smartpay-illustration-photo.jpg)
![SmartPay Rehost and Replatform Migration on AWS 10 smartpay illustration photo](https://renovacloud.com/wp-content/uploads/2021/07/smartpay-illustration-photo.jpg)
Smartpay
SmartPay Rehost and Replatform Migration on AWS
SmartPay is an important contender in the Vietnamese payment apps landscape and experiencing growth with new vendors, partners, and users. Read more>![Accelerate SAP S/4HANA Transformation With AWS 11 pepsico case study product scaled](https://renovacloud.com/wp-content/uploads/2021/06/pepsico-case-study-product-scaled.jpg)
![Accelerate SAP S/4HANA Transformation With AWS 11 pepsico case study product scaled](https://renovacloud.com/wp-content/uploads/2021/06/pepsico-case-study-product-scaled.jpg)
Pepsi Co Myanmar
Accelerate SAP S/4HANA Transformation With AWS
Pepsi Co Myanmar was looking to modernize their existing systems and launch a new platform for their users and applications utilizing the up-to-date technology solutions and choose SAP S/4HANA on AWS. Read more>![AWS Immersion Day with Nutifood Group 12 engineers working photo](https://renovacloud.com/wp-content/uploads/2021/05/engineers-working-photo.jpg)
![AWS Immersion Day with Nutifood Group 12 engineers working photo](https://renovacloud.com/wp-content/uploads/2021/05/engineers-working-photo.jpg)
Nutifood Group
AWS Immersion Day with Nutifood Group
The goal of this educational workshop was to empower N Group's IT team and leadership to confidently use the AWS platform for their benefit, and unlock new business opportunitiesRead more>![Serverless application implementation on AWS for Tadiran Group 13 photo 1571247865791 9d7ed2ddf033](https://renovacloud.com/wp-content/uploads/2021/05/photo-1571247865791-9d7ed2ddf033.jpeg)
![Serverless application implementation on AWS for Tadiran Group 13 photo 1571247865791 9d7ed2ddf033](https://renovacloud.com/wp-content/uploads/2021/05/photo-1571247865791-9d7ed2ddf033.jpeg)
Tadiran
Serverless application implementation on AWS for Tadiran Group
Tadiran is a leading technical and electrical appliances manufacturer company. Some of the company’s more famous product lines include batteries and air conditioners. Read more>![Scratchpay Security best practices and well-built architecture on GCP 14 webinar blog banner](https://renovacloud.com/wp-content/uploads/2021/04/webinar-blog-banner.png)
![Scratchpay Security best practices and well-built architecture on GCP 14 webinar blog banner](https://renovacloud.com/wp-content/uploads/2021/04/webinar-blog-banner.png)
Scratchpay
Scratchpay Security best practices and well-built architecture on GCP
Evaluation and assessment of the existing GCP environment for best practices and well-built architecture methodologiesRead more>![UAB BANK CLOUD NATIVE APPS 15 UAB CLOUD NATIVE APPS 1](https://renovacloud.com/wp-content/uploads/2020/11/UAB-CLOUD-NATIVE-APPS-1.jpg)
![UAB BANK CLOUD NATIVE APPS 15 UAB CLOUD NATIVE APPS 1](https://renovacloud.com/wp-content/uploads/2020/11/UAB-CLOUD-NATIVE-APPS-1.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 40 uab white 1](https://renovacloud.com/wp-content/uploads/2020/11/uab-white-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 40 uab white 1](https://renovacloud.com/wp-content/uploads/2020/11/uab-white-1.png)
UAB - Connect. Create. Change.
UAB BANK CLOUD NATIVE APPS
As a part of the modernisation and digitalisation strategy, UAB is expanding its services to build mobile apps for payment and e-Wallet purposes to serve the growing Myanmar consumer banking marketRead more>![Yoma Transformation to AWS Cloud 16 YOMA MIGRATION MANAGED SERVICES 1](https://renovacloud.com/wp-content/uploads/2020/11/YOMA-MIGRATION-_-MANAGED-SERVICES-1.jpg)
![Yoma Transformation to AWS Cloud 16 YOMA MIGRATION MANAGED SERVICES 1](https://renovacloud.com/wp-content/uploads/2020/11/YOMA-MIGRATION-_-MANAGED-SERVICES-1.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 41 yoma white 2](https://renovacloud.com/wp-content/uploads/2020/11/yoma-white-2.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 41 yoma white 2](https://renovacloud.com/wp-content/uploads/2020/11/yoma-white-2.png)
Yoma
Yoma Transformation to AWS Cloud
The increasing demand for Yoma’s applications and business across different verticals requires to have a digital transformation journey with an effective migration to the cloud.Read more>![AQUA - Migration & CI/CD 17 AQUA AUTOMATION DEVOPS 1](https://renovacloud.com/wp-content/uploads/2020/09/AQUA-AUTOMATION-_-DEVOPS-1.jpg)
![AQUA - Migration & CI/CD 17 AQUA AUTOMATION DEVOPS 1](https://renovacloud.com/wp-content/uploads/2020/09/AQUA-AUTOMATION-_-DEVOPS-1.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 42 aqua white 1](https://renovacloud.com/wp-content/uploads/2020/09/aqua-white-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 42 aqua white 1](https://renovacloud.com/wp-content/uploads/2020/09/aqua-white-1.png)
AQUA
AQUA – Migration & CI/CD
AQUA is able to improve operations as result of the migration and CI/CD on AWS as well as able to release new features faster with minimal time and disruption to the end users.Read more>![Sovigaz - migrating to AWS 18 SOVIGAZ PROTECTS CRITICAL SYSTEMS ON AWS 1](https://renovacloud.com/wp-content/uploads/2020/11/SOVIGAZ-PROTECTS-CRITICAL-SYSTEMS-ON-AWS-1.jpg)
![Sovigaz - migrating to AWS 18 SOVIGAZ PROTECTS CRITICAL SYSTEMS ON AWS 1](https://renovacloud.com/wp-content/uploads/2020/11/SOVIGAZ-PROTECTS-CRITICAL-SYSTEMS-ON-AWS-1.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 43 sovigaz white 2](https://renovacloud.com/wp-content/uploads/2020/11/sovigaz-white-2.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 43 sovigaz white 2](https://renovacloud.com/wp-content/uploads/2020/11/sovigaz-white-2.png)
SOVIGAZ
Sovigaz – migrating to AWS
The agility of the new infrastructure help Sovigaz to relieve the burden of on premise infrastructure management and limitations as well as access to advanced services offered on AWS platform. Read more>![Kaopiz's Infrastructure Automation 19 KAOPIZ AUTOMATION CI CD 1](https://renovacloud.com/wp-content/uploads/2020/11/KAOPIZ-AUTOMATION-_-CI_CD-1.jpg)
![Kaopiz's Infrastructure Automation 19 KAOPIZ AUTOMATION CI CD 1](https://renovacloud.com/wp-content/uploads/2020/11/KAOPIZ-AUTOMATION-_-CI_CD-1.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 44 kaopiz white 2](https://renovacloud.com/wp-content/uploads/2020/11/kaopiz-white-2.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 44 kaopiz white 2](https://renovacloud.com/wp-content/uploads/2020/11/kaopiz-white-2.png)
KAOPIZ
Kaopiz’s Infrastructure Automation
Automate the processes on AWS and create an environment to test new features to support the Development & QA team to deliver jobs faster, automated and without a deep level of experience and skills on AWS.Read more>![Navigos' journey to the Cloud 20 NAVIGOS MIGRATION BACKUP 1](https://renovacloud.com/wp-content/uploads/2020/11/NAVIGOS-MIGRATION-_-BACKUP-1.jpg)
![Navigos' journey to the Cloud 20 NAVIGOS MIGRATION BACKUP 1](https://renovacloud.com/wp-content/uploads/2020/11/NAVIGOS-MIGRATION-_-BACKUP-1.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 45 navigos white 2](https://renovacloud.com/wp-content/uploads/2020/11/navigos-white-2.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 45 navigos white 2](https://renovacloud.com/wp-content/uploads/2020/11/navigos-white-2.png)
NAVIGOS
Navigos’ journey to the Cloud
As part of the company commitment to it’s customers, it is essential to secure a robust disaster recovery process. Navigos’ application requires to have a fast and effective reaction in the disaster recovery scenarios.Read more>![Sabeco Case Study 21 SABECO MIGRATION WELL ARCHITECTED 1](https://renovacloud.com/wp-content/uploads/2020/11/SABECO-MIGRATION-_-WELL-ARCHITECTED-1.jpg)
![Sabeco Case Study 21 SABECO MIGRATION WELL ARCHITECTED 1](https://renovacloud.com/wp-content/uploads/2020/11/SABECO-MIGRATION-_-WELL-ARCHITECTED-1.jpg)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 46 sabeco white 1](https://renovacloud.com/wp-content/uploads/2020/11/sabeco-white-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 46 sabeco white 1](https://renovacloud.com/wp-content/uploads/2020/11/sabeco-white-1.png)
SABECO
Sabeco Case Study
Having migrated to AWS, Sabeco is capable of quickly responding to increased traffic and services’ usage when necessary, making running marketing campaigns and launching new features less risky.Read more>![Nkid's journey to the Cloud 22 Nkid case study image 1](https://renovacloud.com/wp-content/uploads/2020/09/Nkid-case-study-image-1.png)
![Nkid's journey to the Cloud 22 Nkid case study image 1](https://renovacloud.com/wp-content/uploads/2020/09/Nkid-case-study-image-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 47 Nkid white 1](https://renovacloud.com/wp-content/uploads/2020/09/Nkid-white-1.png)
![Joint Stock Commercial Bank successfully accelerated growth by migrating to AWS 47 Nkid white 1](https://renovacloud.com/wp-content/uploads/2020/09/Nkid-white-1.png)
NKID’S
Nkid’s journey to the Cloud
Nkid Group is running a number of Microsoft workloads in various environments including on-premises, local data center in Vietnam, Microsoft Azure and AWS.Read more>