Case Study: Largest Wall Street Bank achieves migration of 2,800+ applications to the cloud without rewrites or performance loss with Panzura Freedom Multi-Cloud File Services

Wall Street Bank Moves Critical Workflows, Applications to Cloud

A top‑10 Wall Street bank with trillions in assets needed to modernize a large, complex NetApp‑based file infrastructure to address explosive unstructured data growth while meeting strict security, regulatory and performance SLAs. The bank’s goals were to consolidate data into a single source of truth, maintain existing workflows for 2,800+ NFS/SMB applications, enable programmatic automation (REST API), and move from private toward eventual public cloud use without application rewrites.

The bank deployed Panzura Freedom NAS as scalable VMs backed by private S3 storage, delivering native NFS/SMB file services, global namespace, HA failover and REST API automation. This enabled migration of 2,800+ applications to the cloud without rewrites or performance loss, consolidation of over 10 PB into a single, secure repository, native support for Docker and Splunk, and a cost‑effective, highly available path to public cloud adoption.