OzForex Group Limited (ASX:OFX), one of the world’s largest international payments providers, is a global provider of online international payment services for consumer and business clients.
To gain the benefits of a cloud environment, OFX needed to migrate its existing, complex production environment into AWS Cloud.
OFX can now deliver the quick, innovative functionality their customers are demanding through increased flexibility, scalability and resilience of a cloud environment.
About the Customer
OFX was founded in Sydney in 1998 as OzForex. Initially it offered information about foreign exchange, and in early 2003 it began conducting international payment transactions. Today OFX provides a global foreign exchange platform allowing businesses and individuals to transfer money at much better rates than any of the banks can provide.
Customers all around the world trust OFX. They have grown from two employees to over 200. Managing over 1 million transfers, totaling in excess of AUD $100 billion. Their global network enables customer to make a transfer and get support around the clock.
Craige Pendleton-Browne, CTO, OFX
The move to AWS Cloud is part of driving an innovative culture in a heavily regulated sector. Rackspace provide a real understanding of how you run operations and provide Fanatical Support for AWS. Rackspace has a huge history of supporting production environments for thousands of companies worldwide so it was a natural choice for us. My long-term plan is to focus on what we’re really good at doing, which is developing our product - and work with our partners to support our cloud move and post-migration operations.
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