Company
Date Published
Author
Premika Srinivasan and Jim Knicely
Word count
1350
Language
English
Hacker News points
None

Summary

The fintech company has transformed its financial technology platform by leveraging a scalable, secure, cloud-native API that enables quick adjustments to market shifts. The platform is supported by Amazon Web Services and features a broad API library for easy integration and customization. To ensure extreme resiliency in a multi-region setting without cloud vendor lock-in, the fintech company chose YugabyteDB Aeon, a modern database that outperformed other distributed SQL databases by a factor of 3 to 5 times. The architecture uses a multi-region stretch cluster deployment, where a single cluster spans multiple geographic regions, offering benefits such as compliance with data residency requirements, high availability and disaster recovery, performance optimization, extreme scalability, data localization and user experience, cross-region queries and management, cost-effectiveness, and simplified operations. By designating preferred regions, the fintech company can reduce latency, improve performance, balance load distribution, ensure fault tolerance, provide flexibility in read-write operations, and configure dynamically.