Transforming Storage Capabilities: ProfitGate’s AWS Cloud Success with Infimatrix

Transforming Storage Capabilities: ProfitGate’s AWS Cloud Success with Infimatrix

ProfitGate adopts AWS Cloud for transformation & to comply to the regulatory needs

Customer Overview

ProfitGate is a financial services firm providing  Portfolio Management Services (PMS). The company provides tailored investment plans consisting of fixed-income and equity securities based on its clients’ financial aims.  ProfitGate has made it a priority to follow best practice for Financial Services using Cloud technologies.

Business Challenges

Since ProfitGate conducts business in the heavily regulated financial sector, it has a specific set of regulatory requirements to comply with when it manages and stores critical operational and financial information. The company faced several important challenges:
  • Data Backup: Ensuring fast, reliable backups to prevent data loss.
  • Data Security: Enforcing encryption in transit and at rest to protect sensitive information.
  • Compliance: Meeting SEBI’s requirements for data retention, availability, and auditability.
  • Access Control: Strengthening policies to prevent misconfigurations and safeguard confidential data.

Solution Delivered 

Infimatrix designed and implemented a safe, scalable and legal cloud infrastructure using a range of AWS services tailored to ProfitGate’s needs. 
  • The main storage solution was Amazon S3, and versioning allowed for automated data tiering, retention, and deletion prevention
  • Amazon RDS managed the company’s structured financial data, providing point-in-time recovery, automatic backups, and high availability through multi-AZ deployments.
  • Dashboards and reports were cached and served through CloudFront, which reduced latency and improved the user experience.
  • The combination of Application Load Balancer (ALB) and Auto Scaling Groups ensured high availability and traffic management across EC2 instances. 
  • Moreover, IAM policies, S3 bucket policies, and Access Control Lists were carefully configured to restrict access and mitigate the risk of configuration mistakes.
  • Credentials and configuration data were securely managed using Secrets Manager. Network-level security and resource isolation were achieved using VPCs
  • Automated backups and recovery mechanisms were implemented using S3 versioning to safeguard against accidental data loss
  • AWS WAF was implemented to meet SEBI’s cybersecurity requirements and for protection from being attacked over the internet.
  • End-to-end encryption through S3 SSE-KMS for data at rest, and transport layer security (TLS) for data in transit
  • Complete access logging and audit-ready monitoring

Business Outcomes

 With Infimatrix’s solution, ProfitGate achieved:
  • Improved Operational Efficiency: Automated backups  to safeguard against accidental data loss
  • Stronger Data Protection: Enhanced encryption and fine-grained access control minimized security risks and ensured data integrity.
  • Regulatory Compliance: The system fully supports SEBI regulations with auditable logs, data retention policies, and security controls.

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