Having fast, reliable performance is imperative for companies in the financial investment industry. For eToro, this is a priority. A multi-asset investment platform with the goal of opening the global markets for everyone to invest and trade in a simple and transparent way, eToro is experiencing rapid growth. With over 20 million customers in 100 different countries, the company decided to migrate into the Microsoft Azure cloud and reduce its on-prem footprint to have greater and more cost-efficient scalability of their infrastructure. But what was the best way to migrate?
After considering a Platform-as-a-Service (PaaS) solution, eToro decided that refactoring its entire databases and applications would take too long and be too risky, so it opted for a hybrid PaaS/IaaS approach. However, leveraging Azure’s Infrastructure as a Service (IaaS) offering didn’t give the company the ultra-fast performance their SQL Server workloads needed.
Enter Silk. By leveraging the Silk Platform between its workloads and the underlying Azure infrastructure, eToro was able to simply lift and shift its workloads onto the cloud – accelerating the team’s adoption of the cloud by 50%! Silk delivers up to 10x faster performance for customers on the cloud compared to native cloud alone. With Silk’s game-changing performance, eToro is able to complete hundreds of thousands of transactions per second.
Watch the video below to see how Silk has allowed eToro to accelerate its Azure adoption while ensuring sufficient scalability to support its growing customer base with the highest performance. And click here to get the full scoop.