Case Study: Fortune 500 Financial Services Company achieves 10x performance gains and always-on availability with YugabyteDB

YugabyteDB helps major financial services company modernize mission-critical applications

Fortune 500 Financial Services Company, headquartered in New York, sought to modernize mission-critical applications by moving off its mainframe and monolithic stack into cloud-native microservices while consolidating numerous databases to reduce costs and increase agility. To meet needs for ACID compliance, strong consistency, geo-distribution, and multi-cloud support, the company selected YugabyteDB as its strategic distributed SQL database.

YugabyteDB was first deployed to power the company’s customer accounts service, bringing operational simplicity, horizontal scalability, and native high-availability and geo-distribution. As a result, the firm achieved a 10x performance improvement (latency dropped from ~80ms to below 10ms), reports 100% availability for always-on services, and is accelerating plans to migrate many more microservices onto YugabyteDB to simplify the data stack and speed innovation.