KKR built a new client portal on AWS that helped the PE giant cut costs by 50%. An exec breaks down 3 things he wishes he knew ahead of time.
The new portal was built on Amazon Web Services.KKR had a problem with its client portal.
KKR's investor clients used the portal for a range of tasks, like accessing fund information and viewing reporting and analytics. When clients faced issues with the portal, KKR had no visibility into what was causing the problem and could only open a ticket with the vendor, he said. Rebuilding a new platform from scratch can often feel like starting from a blank slate. There's countless architecture and design decisions, from the kind of compute you use to dependencies on other systems, that can impact how quickly and seamlessly an end result comes together. Bogdanov shared three tips he wished he knew when they started.
But there are tradeoffs to serverless. One is you lose the depth of customization, because the client relinquishes some of the responsibility and control, which can limit functionality. "I know what you're going to say: 'I don't have any budget to rebuild everything from scratch,'" he said."You don't have to rebuild everything, you can do it piece by piece, or service by service, and gradually migrate to the cloud."
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