Case study
Luminor Bank moves to the cloud to streamline business
Tameshi helps Luminor, the 3rd largest bank in the Baltics, migrate to AWS.
Industry
Banking & Finance
Key Focus
Security & Compliance
Meet the client
Luminor is the third-largest provider of financial services in the Baltics, with approximately 900 000 clients and over 2300 employees. In the Baltic region, it has a market share of 16.3% in deposits and 17.4% in lending as of the end of December 2020. Luminor has a total shareholders' equity of 1.7 billion EUR.
Business need
01
Becoming independent from parent institutions' infrastructure
02
Seamless and coherent operations across all three Baltic region markets
03
Increased security
04
Lowering infrastructure costs
Moving on - from on-premise into the cloud
Luminor was established in August 2017 on the basis of the Baltic operations of Nordea and DNB. The Client's primary focus was to build a payment infrastructure and information systems independent of its parent banks. This was a unique project, entailing bringing together customers of the former branches of DNB and Nordea across three countries – Estonia, Latvia and Lithuania.
The transformation was essential not only to make sure Luminor is independent from the parent institutions' infrastructure but also to ensure more flexibility and coherence across the three Baltic countries to ensure the best customer experience going forward.
Luminor decided to treat the carve-out process as an opportunity to move away from on-premise solutions and into AWS Cloud, to benefit from decreased maintenance costs, more flexibility and security.
The solution
Client services were grouped by functionality into ones based mostly on static data and dynamic ones.
Maintaining a big infrastructure is always challenging. In this case, we used an out-of-the-box approach to minimize maintenance costs, mainly by delivering new versions of the application. Instead of keeping everything static where utilization is low, we decided to go dynamic whenever possible.
Tameshi's team created pipelines that dynamically added necessary pieces of infrastructure to utilize them fully. This was possible with the use of EKS in conjunction with Application and Network Load balancers, supported by Route 53. Agents responsible for different functionalities are only created on demand as EKS pods, access to them is distributed with the use of Elastic Load Balancers. This means all infrastructure is utilized when needed and terminated later, not to generate any costs.
What we needed was an efficient, flexible and reliable cloud infrastructure to support us in our transformation journey. Tameshi delivered just that. The expertise and experience of its team make the migration process smooth and seamless.
Gatis Setlers, Luminor
Head of IT Development
The results
A complete transfer to Luminor-owned infrastructure
100%
Infrastructure as Code
Full usage of the DevOps operating model
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