Debticate’s journey to a high-value cloud environment with RapidScale
Overview
Debticate is a leading provider of Software-as-a-Service (SaaS) solutions for capital markets professionals engaged in syndicating and selling loans. The company’s legacy private cloud environment lacked scalability and was subject to rising licensing and upgrade costs that hindered performance and growth. The company recognized it needed to migrate to a scalable, cost-efficient, and future-ready platform to meet its performance and growth goals.
Among Debticate’s goals were continuous security improvements, increasing operational effectiveness with a lean IT team, and ensuring ongoing compliance with critical client security requirements, including Systemically Important Financial Institutions (SIFIs).
RapidScale proved itself to be the just-right bridge to a new cloud services provider that could meet Debticate’s strategic migration and business goals.
Outcomes that matter
Debticate partnered with RapidScale to execute a seamless migration to a secure, high-performing AWS cloud environment—eliminating downtime impact while reducing infrastructure and licensing costs by 34%. The transition unlocked operational efficiency by shifting internal IT focus from maintenance to strategic initiatives, without adding headcount.
The move to Amazon S3 positions Debticate for ongoing cost savings and scalable management of large, unstructured data, while delivering virtually unlimited capacity and durability. At the same time, a global-ready, agile architecture enables faster customer onboarding and improved time-to-value.
Enhanced governance through the AWS shared responsibility model, combined with advanced security integrations, ensures ongoing compliance with rigorous client requirements. With continuous support from RapidScale, Debticate now operates on a scalable, resilient foundation built to accelerate growth and meet evolving demands.
RapidScale Solutions:
Vertical:
Software technology
Business Size:
Small enterprise
The weight of inadequate private cloud services
Debt capital market (DCM) transactions are complex, require cross- functional collaboration, and are often tracked across multiple disparate systems. With decades of experience and a commitment to innovation, Debticate provides powerful solutions to its customers by uniting all data and functionality into a single platform to enhance efficiency and collaboration among team members throughout the deal lifecycle. Among Debticate’s goals were continuous security improvements, increasing operational effectiveness with a lean IT team, and ensuring ongoing compliance with critical client security requirements, including Systemically Important Financial Institutions (SIFIs).
Prior to RapidScale, Debticate needed a solution that was flexible and scalable to improve performance and capacity without incurring unacceptably high cost increases. The company faced escalating infrastructure and licensing costs that had become unsustainable. To achieve its goals, Debticate needed a migration partner that could move swiftly, reliably, and could seamlessly partner with Amazon Web Services (AWS), the new target cloud services provider.
The challenge
Prior to RapidScale, Debticate needed a solution that was flexible and scalable to improve performance and capacity without incurring unacceptably high cost increases. The company faced escalating infrastructure and licensing costs that had become unsustainable. To achieve its goals, Debticate needed a migration partner that could move swiftly, reliably, and could seamlessly partner with Amazon Web Services (AWS), the new target cloud services provider.
The solution
After a period of due diligence by Debticate, it became clear that RapidScale offered the solution they needed.
As an AWS Premier Tier Services Partner, RapidScale could deliver compliant solutions with competencies and certifications tailored to highly regulated industries. RapidScale could also execute a smooth, low-risk migration from the previous private cloud services provider to AWS with a modernized scalable infrastructure and myriad security certifications.
RapidScale would also provide white-glove professional services and ongoing support, and importantly, help complete the migration in less than three months to accelerate the time to benefit for Debticate and its customers.
Beginning immediately after RapidScale and Debticate struck an agreement, RapidScale rearchitected infrastructure for Debticate’s applications and optimized performance on AWS. The migration avoided a traditional lift-and-shift approach by implementing a modern cloud architecture. The migration also implemented AWS Control Tower to help Debticate scale, meet compliance, and support monitoring and patching.
The RapidScale professional services team delivered an end-to-end solution in just eight weeks. Underscoring this swift response to Debticate’s needs is the RapidScale-AWS partnership.
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