Case Study: a leading stock exchange company achieves 99.9999% uptime and lower costs with CloudHedge app modernization

Exchange Soars with 99.9999% Uptime & Cost Reduction through App Modernization

The client, a leading Asian multi-asset exchange, faced challenges with its aging PureApp infrastructure, which was nearing end-of-support. They needed a more scalable, portable, and cost-effective technology to handle billions of daily transactions while integrating with their BMC suite. Partnering with CloudHedge, the company sought to modernize these mission-critical applications to improve resilience and control IT resource costs.

CloudHedge addressed this by migrating and containerizing the client's legacy Java applications on the IBM Cloud Platform. This solution provided comprehensive managed services, including proactive monitoring with proprietary tools. The results for the exchange were exceptional, achieving a 99.9999% uptime SLA, a substantial reduction in operating costs, and a future-proof, compliant infrastructure that met heavy scalability demands.