Capital Markets Cloud Cost Optimisation
By Covelent
Client
Project Description
A Boutique Hedge Fund That Specialises In Delivering Risk-Adjusted Returns For Clients With Exposure To Digital Assets.BriefAs data drives their investment strategies, controlling overhead costs is crucial for the company. The Fund turned to Covelent for help in optimising their AWS bill and preparing for future growth.ChallengesTheir AWS bill represented a significant expense for the company, and as the scale of their data grew, they needed to ensure that their technical systems were scaling cost-effectively. Their tech team is spread across London, Singapore, and Lithuania, making collaboration and access to expert advice essential for controlling costs.SolutionsCovelent worked closely with the Fund’s global tech team to identify specific changes that could help reduce AWS costs.ResultsCovelent’s expertise helped the Fund optimise their AWS costs and set the stage for future growth. By implementing the recommended changes, they was able to save 20-26% on their AWS bill. In addition, Covelent’s guidance on infrastructure and tools enabled them to build more scalable and cost-effective systems. Working with Covelent also saved the Fund valuable time by preventing them from pursuing dead ends and enabling faster decision-making. The seamless communication with Covelent through Slack and accommodating calls across various time zones made the collaboration smooth and efficient. With Covelent’s help, the Fund is now better equipped to manage its AWS costs while continuing to scale its data-driven investment strategies and delivering risk-adjusted returns for its clients.MetricsANNUALISED SAVING - 20-26%REPORT DELIVERED IN - 20 daysIMPLEMENTED IN - 6 weeksGOVERNANCE UPTICK - 2x
A Boutique Hedge Fund That Specialises In Delivering Risk-Adjusted Returns For Clients With Exposure To Digital Assets.BriefAs data drives their investment strategies, controlling overhead costs is crucial for the company. The Fund turned to Covelent for help in optimising their AWS bill and preparing for future growth.ChallengesTheir AWS bill represented a significant expense for the company, and as the scale of their data grew, they needed to ensure that their technical systems were scaling cost-effectively. Their tech team is spread across London, Singapore, and Lithuania, making collaboration and access to expert advice essential for controlling costs.SolutionsCovelent worked closely with the Fund’s global tech team to identify specific changes that could help reduce AWS costs.ResultsCovelent’s expertise helped the Fund optimise their AWS costs and set the stage for future growth. By implementing the recommended changes, they was able to save 20-26% on their AWS bill. In addition, Covelent’s guidance on infrastructure and tools enabled them to build more scalable and cost-effective systems. Working with Covelent also saved the Fund valuable time by preventing them from pursuing dead ends and enabling faster decision-making. The seamless communication with Covelent through Slack and accommodating calls across various time zones made the collaboration smooth and efficient. With Covelent’s help, the Fund is now better equipped to manage its AWS costs while continuing to scale its data-driven investment strategies and delivering risk-adjusted returns for its clients.MetricsANNUALISED SAVING - 20-26%REPORT DELIVERED IN - 20 daysIMPLEMENTED IN - 6 weeksGOVERNANCE UPTICK - 2x
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