Fintech / embedded financeSourced
Case Study: How Ant Money cut TCO 90% moving from PostgreSQL to SingleStore
Ant Money Case StudySourced & dated by Case Study Desk
Key results
The challenge
Ant Money's PostgreSQL-based system could not keep pace with aggressive user and revenue growth. It suffered slow queries, a 24-hour data refresh lag, and write-performance constraints, and was not suited to real-time analytics.
The solution
Ant Money adopted SingleStore Helios as its core data platform for both transactional and analytical workloads, replacing PostgreSQL and implementing streaming data pipelines ingesting from multiple sources.
The results, in context
Ant Money reports a 90% reduction in total cost of ownership and a 20-100x performance boost after migrating from PostgreSQL to SingleStore Helios. It also cites a 60x improvement in data freshness and performance and a 50x increase in actionable data.
Products used
SingleStore SingleStore Helios