Product helped automate savings with AI-driven automatic transfers and easy access to diverse investments. In 2021, Guru Capital acquired Oval Money and integrated the ETX trading platform into a single app.
The way their engineers work together is really impressive.
Following a swift acquisition of Oval Money, the Client faced the urgent need to assimilate and refine Oval Money's existing infrastructure in a matter of weeks. That was essential to ensure continuous operations and prepare the Oval Money product to merge with the ETX trading platform.
Oval Money was already in production. Therefore, improving its infrastructure without downtime was crucial for the Client to prevent reputation damage and customer churn, potentially costing thousands.
Several months after the acquisition, the Client ended its partnership with a banking service provider that powered Oval Money's operations. As a result, the company has a three-month timeframe to find a new partner, develop a migration plan for the infrastructure, and implement it successfully. Consequently, 8 OpsWorks Co. tech specialists managed to perform the job usually done by 30 skilled engineers and developers.
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The OpsWorks Co. team quickly adapted to the unique aspects of the infrastructure, actively engaging in its integration and enhancement within one month of the acquisition. Concurrently, it managed the migration of ETX’s infrastructure from data centers to AWS.
Having worked on the ETX project for a year before acquiring Oval Money, OpsWorks Co.'s experience proved invaluable. We were able to assist developers under urgent conditions and accelerate the time-to-market for new features. When developers made significant codebase changes, OpsWorks Co. supported them on the infrastructure level, contributing with a deep understanding of product logic.
To have consistent, scalable and easy-to-maintain infrastructure, our team suggested using our reference Kubernetes architecture for both new (Oval Money) and legacy (ETX Capital) products. To satisfy the clients’ security requirements, we also integrated Splunk as a single destination for all logs, metrics and traces. That transition enabled the Client to effortlessly manage large data volumes, gain accurate analytics, and improve compliance management.
Robust integration with a banking service provider
Resilient & secure infrastructure capable of withstanding DDoS attacks
Saved costs, high level of end-user satisfaction due to zero downtime
Easier management due to efficient infrastructure maintenance