Bajaj Housing Finance goes with 100% cloud architecture
Bajaj Housing Finance has moved the entire enterprise IT ecosystem 100 per cent on public cloud, leading to flexible architecture for its business applications, data warehousing and analytics, which is high performing, rapidly scalable and secure
Bajaj Housing Finance has eliminated the physical data centre by adopting Amazon Web Services for its business applications and analytics ecosystem. Bajaj Housing Finance, a 100 per cent subsidiary of Bajaj Finance is constantly aiming at excellence and innovation through digital transformation.
Anurag Jain, Chief – Information Technology (CIO & CTO), Bajaj Housing Finance says, “Growing at a significant rate annually, we strive for competitive technological solutions contributing towards business growth and optimizing cost for market differentiation. Our project, transformation to cloud, was a paradigm shift from legacy applications and data centre infrastructure required to meet agility, quality and security.”
The solution designed on Amazon Web Services (AWS) brings together various frameworks of business applications, cloud infrastructure, data warehouse, analytics and information security. It leverages a mix of IaaS, SaaS and PaaS offerings in AWS used to host business applications and data warehouse, which are driven by highly resilient, high performing, agile and security frameworks.
Innovative usage of technology
“Bajaj Housing Finance is the first mortgage player in India to have an entire enterprise IT ecosystem on a public cloud (100 per cent cloud), meeting stringent regulatory guidelines. It is also the first in India to have serverless architecture for data warehousing and analytics which is high performing, rapidly scalable and secure” claims Jain.
The solution is an improvised stack of web-based business applications and analytics backbone which is compatible across computing devices enabling mobility along with API gateways for seamless partner integration. The result is quick onboarding of business process outsource agencies, technology vendors and partners.
Their defense in-depth security architecture is a combination of multivendor hybrid cloud security offerings which is cost effective. “Innovative approach on building open source back- office processing platform resulted in a cost effective, high performing system with 100 per cent internal customer satisfaction and dedicated application programming interface (API) gateways helped in quick turnaround time for onboarding and ensured seamless partner integrations in a secure way,” mentions Jain.
It has helped in higher efficiency, business boost, better visibility and control. Bajaj Housing Finance has achieved the goal of having an independent IT ecosystem from its parent company within the short span of time allotted by regulator and promoters. The new ecosystem is simplified and streamlines the core business operations which are totally web enabled.
Rapidly scalable, secure, cost-effective and high performing infrastructure is a key influencer in digital transformation. Jain further adds “A physical boundary-less, albeit secure ecosystem allows room for innovation and reduces time from ideation for go to market, thus driving digital transformation. SaaS offerings helped in agile onboarding of technical tools required in the digital business.”
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