Company
Date Published
Author
AWS
Word count
1143
Language
English
Hacker News points
None

Summary

SEON, a company focused on fraud prevention and anti-money laundering, collaborated with AWS Partner ClickHouse to optimize its database performance and scalability amid rapid growth. Co-headquartered in the US and Hungary, SEON provides services to sectors like financial services, ecommerce, and iGaming, using real-time digital footprint analysis and AI-driven rules to detect and prevent fraud. As transaction volumes increased, SEON faced challenges in maintaining efficient processing times, particularly for enterprise clients with complex rule sets. To address this, SEON explored ClickHouse's open-source database and implemented it as a managed service on AWS, resulting in significant performance improvements, including up to 80 percent faster database processing times and 30 percent reduced storage costs. The collaboration not only enhanced the company's fraud detection capabilities but also impressed clients with lower latencies and efficient handling of massive web traffic scenarios, ultimately reinforcing SEON's confidence in using AWS's advanced technology and customer service.