Technology Category
- Analytics & Modeling - Machine Learning
- Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries
- Cement
- Construction & Infrastructure
Applicable Functions
- Maintenance
- Quality Assurance
Use Cases
- Construction Management
- Time Sensitive Networking
Services
- Cloud Planning, Design & Implementation Services
- Data Science Services
About The Customer
Airwallex is a global payments platform founded in Melbourne with engineering hubs in Amsterdam, Melbourne, San Francisco, Shanghai, Singapore, Hong Kong, and Sydney. The company's mission is to empower businesses of all sizes to grow without borders, and by doing so, contribute to the global economy. Airwallex has built a financial infrastructure and platform to help businesses manage online payments, treasury, and payout globally, without the constraints of the traditional financial system. Since its establishment in 2015, Airwallex has secured over US$800 million and operates with a team of almost 1,000 employees across 20 locations globally. The company offers products that enable businesses to open domestic and international accounts, create multi-currency payment cards, synchronize transactions with Xero online accounting software, undertake low-cost and high-speed international payments, and create simple links for instant payment.
The Challenge
Airwallex, a global payments platform, was facing challenges in expanding into new markets and complying with stringent regulations such as the Payment Card Industry Data Security Standard (PCI DSS). The company's existing cloud service was unable to support its growth plans and ensure compliance with these regulations. As a startup, Airwallex also needed to focus on the application layer of its offerings rather than dedicating time and resources to infrastructure. Furthermore, the company required high security, reliability, low latency, and manageable costs to build and retain trust with its customers. The company also needed to ensure low latency to provide data consistency and offer low rates to customers without applying a high spread to account for rate fluctuations due to the fast-moving nature of financial markets.
The Solution
Airwallex partnered with Google Cloud to leverage its established security infrastructure that covered all encryption usage concerns. This partnership also made it easy for Airwallex to provide documentation during audits to support claims of its systems being built on top of secure and trustworthy technologies. Google Cloud’s network and global portfolio of data centers provided Airwallex with low latency, which was crucial for ensuring database throughput while its distributed transactions stayed consistent. Airwallex expanded its use of Google Cloud to more than 50% of the provider’s products and services, including Google Kubernetes Engine, which enabled the company to run its microservices architecture and its applications reliably and flexibly. Google Kubernetes Engine also allowed Airwallex to seamlessly support demand spikes on its platform. Additionally, Airwallex used BigQuery to create and run a data warehouse and data lake, enabling the analysis of large volumes of data without requiring the business to invest in data infrastructure and internal expertise.
Operational Impact
Quantitative Benefit
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