• Yes Securities’ current focus is on exploring public cloud services, rather than expanding its own data centers.
  • Security has always been one of the biggest challenges organizations face when dealing with multiple clouds.

Yes Securities, like a traditional brokerage firm, always operates in an on-premise model, with a complete infrastructure in a managed data center.

A complete DevOps environment is required

Aneesha Pant, CTO of Yes Securities, said: “Since the capital expenditure has already been incurred, there is no reason to move to the public cloud.When the company started building new era business solutions, a small development team was set up and a full DevOps environment was required. In order to do this, Yes Securities believes it is necessary to explore the public cloud. We evaluated the AWS and Azure platforms and ultimately chose AWS. We built a development server, VDI, GitLab, and used local CI/CD capabilities.”

However, storage continues to grow in today’s world and has become less predictable. Because adding infrastructure to the company’s own data centers requires a lot of planning and time, Yes Securities is currently focused on exploring public cloud services rather than expanding its own data centers.

Current strategy

For investment banking firms, moving the UAT load to the cloud is the next target of the current ongoing scaling and evaluation. Pant believes that multiple high-availability zones are not enough on their own.It is critical for enterprises to plan appropriate backup and recovery plans for their production environments.

“We’re building it in a way that we can take advantage of the best of both worlds.”A hybrid architecture where we take advantage of the cloud while leveraging the infrastructure/tools that are already purchased, “Pant said of the brokerage’s strategy.
When IT comes to scaling the IT infrastructure according to demand, Pant said that the load on the test servers changed the most after the test was completed. “They’re used to that capacity and it’s been abandoned for a long time.Putting it on the public cloud helps reduce costs by optimizing usage and not blocking infrastructure.
This not only reduces costs, but also provides scalability when needed.”

Security has been one of the biggest challenges organizations face when dealing with multi-clouds.According to Pant, Yes Securities has addressed this issue in a number of ways, and options such as landing zones, creating isolated environments, transport gateways, and VPN tunnels are also being evaluated along with the environment.

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