Title

AWS re:Invent 2022 - How Fidelity Investments and Reltio Modernized with Amazon DynamoDB (DAT213)

Summary

The session focused on how customers are modernizing their operations using AWS database services, particularly Amazon DynamoDB.
Vladimir Konevsky, a principal go-to-market specialist at AWS, highlighted the importance of modernization for businesses to stay competitive and responsive to customer needs.
The session featured talks from Dennis Healy, Director of Software Engineering at Fidelity Investments, and Manish Sood, CEO of Reltio, who shared their experiences with DynamoDB.
Dennis discussed Fidelity's transition from mainframe to cloud and how DynamoDB's key-value store model and managed services improved their order management system's resilience and scalability.
Manish shared Reltio's journey from a NoSQL database to DynamoDB, emphasizing the benefits of scalability, cost-effectiveness, and the ability to innovate faster on a reliable, managed database platform.
Both speakers provided insights into the challenges and lessons learned during their migration to DynamoDB, including the importance of planning, leveraging AWS support, and the advantages of DynamoDB's features like global tables and low latency.

Modernization is not just about going digital; it's about enabling businesses to efficiently respond to customer needs and adapt to new business models.
Many businesses are still using legacy infrastructure, which hinders their ability to innovate and scale quickly.
AWS's purpose-built databases, like DynamoDB, offer scalability, performance, and managed services that reduce the operational burden on companies.
Fidelity Investments' use case demonstrates that even latency-sensitive applications like order management systems can benefit from cloud migration and managed NoSQL databases.
Reltio's experience shows that even large-scale migrations from legacy NoSQL solutions to DynamoDB can be accomplished with minimal downtime and significant operational improvements.
The session underscores the importance of aligning database choices with application needs and access patterns to achieve optimal performance and scalability.
AWS's commitment to supporting customers through their modernization journey is evident through the detailed case studies and the presence of AWS specialists during the migration process.