Leading fintech firm gets the perfect platform for growth with OVHcloud Dedicated Servers and Hosted Private Cloud
OVHcloud & STT
50% less maintenance since moving off legacy on-prem
0% downtime on servers since go-live due to hot host replacements
2x the performance due to NVMe storage
Executive summary
Securities & Trading Technology (STT) is a South African fintech company focussed on developing bespoke software solutions for the finance sector. Since 1985, STT has built innovative solutions for a diverse range of international clients, including commercial and private banks, stock exchanges, clearing houses and central securities depositories.
The challenge
STT was using legacy on-premises servers, but these were highly inefficient to run. Scaling-up meant purchasing more hardware, which was expensive and difficult to maintain, and often experienced outages due to an unstable local power grid. As a thriving modern company, STT simply needed a more scalable and reliable platform to support its software development capabilities and facilitate further business growth.
The solution
OVHcloud’s experts worked closely with STT to identify the best approach and recommended a phased deployment consisting of the following technologies:
- OVHcloud Hosted Private Cloud x2
- OVHcloud Infra-4-LE Dedicated Servers x4
- Disaster Recovery Plan with Zerto (Zerto DRP)
OVHcloud Hosted Private Cloud was chosen as the platform to host STT’s software production environment. Powered by VMware® technology, this secure private cloud solution delivers the resilience and scalability needed to handle a growing data footprint. It also offers simple management and virtual machine creation via the VMware vSphere interface.
To minimise outages and protect critical data, the Hosted Private Cloud solution was housed in OVHcloud datacentres in France and the UK and protected with Zerto DRP, which uses secure data transfers, continuous syncing and optimised recovery time objectives (RTO) to prevent data loss. For resource monitoring and network security, the solution was also deployed with VMware vRealize Operations (vROps) and VMware Network Virtualisation (NSX) software.
OVHcloud Infra-4-LE Dedicated Servers were chosen for the software testing environment. Based on Dual Intel® Xeon® Silver Processors and NVMe Soft RAID storage, these powerful servers deliver the high performance, bandwidth and RAM density needed to host complex workloads and virtualization environments. STT can also manage the servers via the OVHcloud vRack private network – enabling new testing environments to be launched rapidly with minimal latency and downtime.
Each solution was wrapped in OVHcloud Business Support, which offers rapid 24/7/365 assistance, service status updates, around-the-clock incident management, a dedicated phone number and on-boarding support.
The result
Thanks to OVHcloud’s Dedicated Servers and Hosted Private Cloud, STT gained the scalable and reliable server infrastructure needed to support business growth. STT no longer needs to maintain expensive on-premises hardware - enabling the company to drastically reduce IT costs, drive efficiency and accelerate time to market. As this new infrastructure is hosted in OVHcloud datacentres in France and the UK, STT can feel confident about business continuity, with minimal power outages and high availability. Zerto DRP delivers further peace of mind, keeping critical data safe with cutting-edge backup and recovery capabilities.
STT now has its sights set firmly on the future and is exploring further OVHcloud solutions to support its growing portfolio of SaaS products.
Our experience with OVHcloud was brilliant. Their cloud solutions and dedicated servers are more affordable than other providers, but also incredibly powerful. Our new infrastructure offers increased resilience and scalability, which we needed as a growing tech business. I look forward to working with OVHcloud again in the future as we continue our journey to the cloud.
Roben Collen, Systems Administrator, Securities & Trading Technology (STT)
