How Searce Helped Toorak Capital Achieve Scalability, Efficiency, and Security through Cloud Optimization
Challenges
Toorak Capital Partners is an integrated correspondent lending platform based in Summit, New Jersey. They acquire small balance business purpose loans backed by residential, multifamily, and mixed-use properties throughout the U.S. and the U.K.
- Limited Scalability and Cost-Efficiency: Toorak Capital’s existing AWS infrastructure wasn’t scalable or cost-effective enough to support its strategic goals of agility, competitiveness, and cost-consciousness.
- Operational Inefficiency: The current system hindered efficient workflows and increased operational costs.
- Security Concerns: They needed stronger security measures to prevent unauthorized access and data breaches to avoid the compromise of sensitive data.
Searce Solution
Our team of solvers worked with Toorak Capital Partners to help them achieve the following:
- Cost-Optimized Processing: Transient Dataproc clusters were leveraged to optimize resource utilization and simplify maintenance. These clusters automatically start and stop based on workflows, preventing unnecessary operational costs from prolonged runtime.
- Streamlined Workflow Management: We designed a modular workflow framework with reusable modules.
- Security: We implemented an additional security layer by using an API gateway to call function URLs.
- Seamless Data Integration: Airbyte and Datastream were used in conjunction to facilitate seamless data integration between Azure and GCP, addressing the limitations of Datastream in this specific scenario.
- Automated Data Quality Assurance: Searce’s custom data validation tool was deployed to automate data validation and testing.
Business Impact
The implemented solution yielded significant business benefits for Toorak Capital:
- Performance and Cost Optimization: Implementing transient dataproc clusters delivered noticeable performance improvements by ensuring efficient data processing while reducing operational costs.
- Improved Workflow Management: The modular workflow framework simplified creation and maintenance, boosting team efficiency.
- Reduced Infrastructure Costs: The serverless architecture implemented led to significant infrastructure cost reductions.
- Improved Data Quality and Validation: Searce’s data validation tool and automated testing framework enhanced the scale and speed of the validation process, ensuring data accuracy and consistency.
- Enhanced Security: The additional security layer helped improve access control and protect sensitive data.
- Improved Alerting System: We empowered them with an enhanced alerting mechanism that became easier to modify and maintain, improving operational efficiency.
Overall, the solution demonstrably improved Toorak Capital’s performance, efficiency, and security, while also generating significant cost savings.
“Embarking on the journey of GCP migration from AWS, our engagement epitomized synergy in action. With seasoned expertise and unwavering commitment, Searce team brought forth deep expertise, seamlessly blending technical proficiency with strategic foresight. What impressed me most was the time Searce team took in not only understanding our Eco system in AWS but also our business case. This made a much more effective partner and helped us not only make the right choices as we migrated to GCP, but also make our infrastructure much more scalable and robust. Searce implementation team proved repeatedly that they could relied upon to not only help us with the migration but also go beyond the ask and guide us at key moments which could have derailed the project.
Together, we orchestrated a transformational narrative, sculpting the future of cloud infrastructure with precision and panache. The teams collaborative spirit and tireless dedication ensured not just a migration, but a paradigm shift towards efficiency, scalability, and elevated performance.”
-Sachin Venugopal, Chief Technology Office, Toorak Capital Partners