AWS Account Migration from Standalone Accounts to AWS Organization

Our client, a market-leading innovator in the fintech industry, faced significant challenges with managing standalone AWS accounts across different environments, raising security and cost management concerns. To streamline operations and enhance security, Matoffo migrated the client’s AWS accounts to AWS Organizations, establishing centralized management, unified access controls, and cost optimization.
Summing up, this solution not only enhanced compliance and scalability but also reduced AWS spending by 25%.

As a leading company in the fintech industry, our client revolutionizes the luxury goods ecosystem. Aimed at embracing luxury goods theft and damage protection, our client offers a unique API-integrated platform that provides global coverage without additional charges for end customers.
They provide an API-integrated platform that embeds theft and damage. From fintech and insurtech to artificial intelligence (AI) and machine learning (ML), the company operates across diversified industry verticals, delivering innovative solutions that enable luxury brands to focus on their core services while ensuring a high customer satisfaction rate and brand loyalty.

As the client’s cloud ecosystem has significantly evolved, the company urgently needed to update AWS account management. In light of this fact, the client faced several challenges. Let us take a look at each of them.

First and foremost, managing separate standalone AWS accounts for development, staging, and production environments has become increasingly complex and time-consuming, raising a need for account proliferation.

The second challenge is associated with access management. Hence, inconsistent access controls across accounts posed security risks and made it difficult to enforce compliance policies.

Next, cost allocation also required specific attention. Since there was no centralized billing, tracking and optimizing costs across different environments took a lot of work. The lack of a unified management structure affected operational efficiency, leading to extra efforts in account administration and security enforcement.

Subsequently, these severe challenges impacted the client’s ability to scale their services. At the same time, the client needed to upgrade their ecosystem in order to keep pace with competitors in the fast-paced fintech industry.

AWS is a perfect technology foundation for migrating standalone accounts to AWS Organizations. Its centralized management features, coupled with scalability, cost optimization, security capabilities, and a robust support ecosystem, ensure that the migration process is not only smooth but also aligns with the client’s overall cloud strategy.

With AWS Organizations, users can consolidate and manage multiple AWS accounts centrally. AWS also provides a wide array of useful tools, such as AWS Config and AWS Audit Manager, that help maintain compliance with industry standards across all company accounts.

When it comes to selecting a trustworthy cloud development provider, customers often struggle to find a perfect match in the modern oversaturated market. Luckily, the Matoffo team comes to help here.

Backed by years of experience delivering cutting-edge cloud solutions that lead companies to success, we came up with an efficient project concept that exceeded clients’ expectations. Therefore, the ideal mesh of our hands-on experience and creative approach to solving challenges set a robust foundation for fruitful business cooperation.

Since delivering maximum value to our clients refers to our core philosophy, the Matoffo team provided a state-of-the-art cloud solution, bringing the following benefits to the table:

● Ongoing Support & Step-by-Step Guidance

In addition to ensuring the client’s team could effectively manage the new environment, we assisted during the migration process to minimize disruption.

● 100% Security

By implementing SSO with MFA, we reduced the risk of unauthorized access.

● Next-Gen Users Experience

Thanks to the streamlined login process across different AWS environments, productivity and user satisfaction are significantly enhanced.

● Better Compliance & Scalability

Standardized policies across all accounts increased compliance with internal security standards, while the new structure enabled the company to provision new accounts faster, supporting their rapid growth and innovation.

● Invest Less, Get More

Consolidated billing and improved visibility led to a 25% reduction in overall AWS spending through better resource allocation and the elimination of unused resources.

“Moving to AWS Organizations and implementing SSO has made the process of logging into different AWS environments a lot smoother. That applies to the console, but also the CLI. It’s great because we save time, and our tools are more enjoyable to use. It also improves security, which is nice,” said Martin Lenweiter, Co-Founder and CTO.