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The evening was filled with insightful discussions, networking, and a delightful dinner. Participants delved deep into key topics such as:

Uncovering Unparalleled Customer Insights with AI: Attendees explored how to uncover hidden customer trends and preferences, enabling hyper-personalized experiences and enhanced loyalty.

Automating for Efficiency with Modernized Applications: The roundtable highlighted the benefits of modernizing applications to streamline workflows and free up resources for strategic initiatives through the integration of AI and automation tools.

Making Data-Driven Decisions with Modernization: We discussed the importance of gaining a clear view of data through modernization, allowing organizations to translate raw data into actionable insights for smarter, faster decision-making.

Predicting & Preventing Downtime with Modern Infrastructure: Participants learned how leveraging AI and modernizing legacy infrastructure can lead to predictive maintenance, ensuring smooth operations and minimizing disruptions.

Unlocking App Modernization Potential: The event also covered how app modernization enhances agility and scalability, enabling businesses to quickly adapt to changing market demands and deliver superior customer experiences.

This exclusive event provided a unique platform to share best practices, network with peers, and explore strategies for unlocking the full potential of organizations.

The post Unlock Business Growth with Modernization & GenAI-Powered Data Analytics appeared first on Cloud Kinetics.

The organization maintained a robust on-premises IT infrastructure distributed across two data centres, balancing homegrown and legacy applications. To optimize operational efficiency and ensure reliability,  they hosted their environment in a colocation data centre. Despite grappling with legacy systems, the customer remained proactive in continuous technology refresh cycles to stay abreast of evolving industry standards.

As part of its commitment to offering the best of the best in services and solutions, the organization had lined up a shift from its traditional on-premises IT infrastructure to one that would leverage the public cloud and usher in a phase of digital transformation. With recent acquisitions of several regional fintech companies and strategic partnerships with other fintech platforms in the works, they would benefit from the business agility, data visualization and analytics capabilities, and the quicker go-to-market that a modern backbone would bring. And so began the search for the right partner for this cloud journey.

The post Modernizing Legacy: The Digital Transformation Of A Credit Agency appeared first on Cloud Kinetics.

Maximizing the Cloud Migration Advantage: Participants explored proven strategies for seamlessly and securely transitioning applications and infrastructure to the cloud, ensuring uninterrupted business operations and unlocking untapped potential.

Modernization Strategies for Agile Growth: The discussions highlighted how modernization initiatives empower organizations to optimize their cloud environments for enhanced scalability, agility, and cost-effectiveness, laying the foundation for sustainable growth.

Accelerating Business Growth Through Cloud Transformation: Attendees uncovered a holistic approach that combines strategic cloud migration with modernization efforts to drive significant business expansion and competitive advantage.

The event was impactful, and we greatly appreciate the active participation of all who attended.

Eligible attendees also unlocked exclusive offers on cloud, data, and modernization solutions tailored to their business needs. Please contact us if you would like to know more about our exclusive offers.

The post Exclusive Roundtable: <br> The Cloud Advantage Strategies for Cloud Migration and Modernization appeared first on Cloud Kinetics.

The evening was filled with insightful discussions, networking, and a delightful dinner. Participants delved deep into key topics such as:

• Uncovering Unparalleled Customer Insights with AI: Attendees explored how to uncover hidden customer trends and preferences, enabling hyper-personalized experiences and enhanced loyalty.
• Automating for Efficiency with Modernized Applications: The roundtable highlighted the benefits of modernizing applications to streamline workflows and free up resources for strategic initiatives through the integration of AI and automation tools.
• Making Data-Driven Decisions with Modernization: We discussed the importance of gaining a clear view of data through modernization, allowing organizations to translate raw data into actionable insights for smarter, faster decision-making.
• Predicting & Preventing Downtime with Modern Infrastructure: Participants learned how leveraging AI and modernizing legacy infrastructure can lead to predictive maintenance, ensuring smooth operations and minimizing disruptions.
• Unlocking App Modernization Potential: The event also covered how app modernization enhances agility and scalability, enabling businesses to quickly adapt to changing market demands and deliver superior customer experiences.

This exclusive event provided a unique platform to share best practices, network with peers, and explore strategies for unlocking the full potential of organizations.

We are grateful for the active participation and contributions of everyone who joined us for this impactful event.

The post CXO Roundtable:<br/> Unlock Business Growth with Modernization, Data Analytics & Gen AI appeared first on Cloud Kinetics.

We are thrilled to have connected with forward-thinking professionals committed to advancing digital transformation in the FSI sector.

The post CXO Round Table: Next-Gen Financial Services: A Roadmap for Secure Digital Transformation & Tech Innovation appeared first on Cloud Kinetics.

For traditional banks this doubles up as an opportunity and an urgent reminder. To compete effectively with digital banks and fintechs and thrive in this evolving financial ecosystem, senior IT/business decision-makers at established banks must prioritize modernizing legacy systems and embracing the Open Banking paradigm.

Advancing customer experience with open banking

Open banking ushers in a new era of convenience and financial control. It fosters financial inclusion, more personalized services and convenience for customers. Open banking also increases the competitiveness of banks by enabling them to provide a diverse suite of financial products & services at reduced operational costs.

Some open banking use cases include:

• Instant payments and fund transfers directly from third-party applications such as PayNow in Singapore and Unified Payments Interface (UPI) in India.
• Account aggregation features for customers to access and manage savings & deposit accounts, loans, credit cards and investments from a single application.

From monolith to microservices: The application modernization journey to open banking

For most banks, successful adoption of open-banking standards will mean substantial re-architecting of their current application estate and IT infrastructure, and accelerated integration with third parties to on-board new products & services from partners. This is a critical success factor in the open banking ecosystem.

To seamlessly integrate with various third parties through APIs, banks will require an enterprise-wide adoption of microservices and API-based architecture to consume data from core banking and other legacy backend systems. This will support agile delivery, provide scalability and flexibility with multi-cloud / hybrid cloud deployments.

A microservices-based application modernization approach will eventually enable banks to drive growth through new business models, collaborate with partners to quickly on-board new product offerings and enhance customer experience.

1. Building the optimal microservices-based architecture for open banking

The application modernization journey and timelines will depend on the product roadmap, technology readiness and current IT architecture of the bank.

Banks with monolithic applications, legacy core banking systems and legacy integration platforms will need to adopt a phased approach to minimize business risks and potential disruptions. A phased approach will also allow banks to on-board partners and build marketplace offerings like digital wallets, lending and insurance services for customers in an incremental manner.

The figure here below illustrates an indicative microservices-based reference architecture for a bank along with key components such as API gateway, service orchestrator and microservices-based core services.

• The first step in the application modernization journey would involve building a service orchestration layer (Figure 1, point# 2) to efficiently manage commonly used cross-cutting concerns and non-functional requirements such as security, configurations, log aggregation, distributed tracing, service discovery and circuit breaker.
• All the above services can be developed as common components designed to ensure the core business logic is separated from cross-cutting non-functional concerns.
• The service orchestration layer along with an API gateway will interface with the core banking platform and expose APIs to both internal and external parties for accelerated integration.
• In subsequent phases, banks can start decomposing their monolithic core applications using various Microservices design patterns such as Strangler and Sidecar aligned to product domains such as account services, payment services and underwriting services (Figure 1: point# 3). For example, account services would include features such as account opening, customer onboarding and account updates.

2. Microservices-based application modernization: Challenges & way forward

Transitioning from a monolith to microservices can be a complex but rewarding undertaking for banks. Often, banks are concerned about technical complexity, security challenges and change management.

The right application enablement partner will equip you with a comprehensive roadmap, from initial strategy and architecture design to seamless implementation and ongoing support, ensuring your microservices journey is smooth and efficient.

3. Modernizing banking applications with Cloud Kinetics

Cloud Kinetics helps banking & financial services customers to amplify the value of cloud with our Application Modernization approach, driving business agility & flexibility.

Our modernization competencies focus on Application Portfolio Assessment, Microservices Architecture, Serverless, API Integration, Security & Compliance combined with DevOps & Continuous Delivery Approach. Our strategic partnerships with industry leaders like AWS, Azure, GCP (hyperscalers), Kong (API gateway), CAST (portfolio assessment) enable us to deliver a seamless solution for our customers.

Customer impact story: App modernization, cloud-native design & a one-stop digital marketplace for a leading fintech

Our customer is a leading fintech company that facilitates financing through credit guarantee schemes for micro, small & medium enterprises (MSMEs). They felt their current platform was lacking the comprehensiveness, accessibility and user-friendly experience that MSMEs now demand in a digital-first world.

With Cloud Kinetics, the customer embarked on a transformation journey to modernize their platform and provide MSMEs with a one-stop digital marketplace, with opportunities for cross- and up-selling products and services.

Cloud Kinetics developed the digital lending platform on AWS, using microservices architecture to create a cloud-native lending platform that was secure, scalable and adaptable to evolving needs. Cloud Kinetics also built a digital marketplace for the customer that expanded beyond loans, offering MSMEs financial products like working capital solutions, insurance options, and seamless integration with credit guarantee schemes. The interface enabled the bank to offer MSMEs a more intuitive experience and better manage their financial health.

The post Unlocking Open Banking’s Potential: Microservices As The Key To App Modernization appeared first on Cloud Kinetics.

Digital transformation is built on APIs. Modern organizations use APIs to modernize access to legacy systems, liberate siloed data and break down monolithic applications into smaller, easier to manage components, in order to rapidly increase their pace of innovation and deliver new digital experiences. Paramount to successful modernization is an API-first strategy that leverages cloud-native technologies to achieve security, automation and performance at scale.

This hands-on workshop demonstrated how Kong Konnect can help your organization adopt a federated API management model throughout their lifecycle, and show how the API Gateway pattern can be used for modernization.

Learning objectives included

• Getting an architectural overview of the Kong Konnect platform.
• Setting up Konnect runtime on Amazon Elastic Kubernetes Service (EKS).
• Learning what are services, routes and plugin.
• Deploying a sample microservice and access the application using the defined route.
• Using the platform to address the following use cases: Authentication and Authorization | Rate limiting | Response Transformer | Invoke AWS Lambda | Proxy caching
• Learning about observability

Speakers

Mr. Huy Dinh

Cloud DevOps
Cloud Kinetics

Mr. Raymond Lai

Solutions Engineer
Kong

Mr. An Tran

Solutions Architect
AWS

Mr. Chinh

Head of System Platform
One Mount Group

Kong Konnect Enterprise is a Service Connectivity platform that provides technology teams at multi-cloud and hybrid organizations the “architectural freedom” to build APIs and services anywhere. Kong’s Service Connectivity Platform provides a flexible, technology-agnostic platform that supports any cloud, platform, protocol, and architecture. Kong Konnect Enterprise supports the full lifecycle of service management, enabling users to easily design, test, secure, deploy, monitor, monetize, and version their APIs.

The post AWS Immersion Day: Seamless APIM With Kong Konnect & Amazon EKS appeared first on Cloud Kinetics.

As a HashiCorp Specialized Systems Integrator Partner, Cloud Kinetics has invested in the HashiCorp ecosystem and worked closely with HashiCorp to continually build on its hybrid and multi-cloud expertise. With an in-house team of HashiCorp-certified specialists, the company has supported large enterprises across various industries to implement robust IT infrastructure with HashiCorp Terraform and Packer.

The competency marks a step forward for Cloud Kinetics to empower more customers’ digital transformation ambitions with HashiCorp’s end-to-end automation solutions and help enterprises effectively eliminate the complexities associated with managing modern IT infrastructures across cloud and on-premise environments.

Responding to the evolving needs of businesses, Cloud Kinetics has also strengthened its capabilities in four key areas – Cloud Solutions, Application Modernization & Development, Data & Analytics, and Cloud Cost Management (FinOps), with infrastructure automation as a core focus offering to enable businesses to navigate complex multi-cloud environments with ease. As more organizations transition to multi-cloud, having a strong and resilient infrastructure foundation plays a pivotal role for them to gain agility, speed-to-market and scale innovation without compromising on security and performance.

“We are immensely proud to be the first partner in the ASEAN-South Asia-Oceania regions to earn the HashiCorp Infrastructure Competency. This recognition reaffirms our commitment to infrastructure automation and brings simplicity, speed, and scale to our customers’ digital initiatives,” said Saleh M “Haji” Munshi, Group CEO of Cloud Kinetics. “In our next phase, we will further enrich our capabilities to drive impactful, end-to-end transformation for businesses and sharpen their innovation edge at every growth phase.”

Cloud Kinetics has also recently won the AWS ASEAN Rising Star Partner award, a testament to its achievements in empowering enterprises regionally and across industries in their acceleration to the cloud. The company is all set to consolidate its presence in the USA and Australia, as well make inroads into new markets like Thailand in Asia.

The post Cloud Kinetics Is First HashiCorp Infrastructure Competency Partner In The ASEAN-South Asia-Oceania Regions appeared first on Cloud Kinetics.

The ASEAN Rising Star Partner of the Year award is presented to a consulting partner who has strategically grown their AWS business in the last 12 months from a revenue, scope and build perspective.

It recognizes significant contributions to AWS in specific areas relating to new-to-AWS customer acquisition, large strategic migration and modernization, and coverage to build capacity and capability of its AWS Partner Network (APN).

Cloud Kinetics has a laser focus on executing transformational cloud projects and collaborates closely with our in-country teams to establish a sound cloud agenda, with a well-planned modernization roadmap for businesses in their digital transformation journeys. We are grateful to them for bringing the AWS cloud to life for our customers, said a spokesperson from AWS at the Awards.

“We are extremely proud to have been recognized as AWS ASEAN Rising Star Partner of the Year. This award is a validation of the collective efforts of our team and would not be possible without the support from AWS, in enabling us to go above and beyond to deliver unmatched value to our customers,” said Saleh M “Haji” Munshi, Group CEO of Cloud Kinetics.

Announced across the year, AWS Partner Awards recognize a wide range of born-in-the-cloud and traditional services and software partners whose business models have embraced specialization and collaboration. The awards honor partners whose business models continue to evolve and thrive on AWS as they work with customers.

Many enterprises in the region are still in the early stages of their cloud journey and have yet to realize the full potential of the cloud. The future of cloud is an exciting one and we look forward to deepening our partnership with AWS to make it easier for more businesses to scale and drive powerful innovation in the cloud.Haji Munshi, CEO, Cloud Kinetics

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