Transfero: Increased performance and productivity with Google Cloud and Google Workspace
About Transfero
Transfero is a blockchain-based financial solution company enabling access to the global market through a platform of payments, stablecoins, and financial products.
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About Venha Pra Nuvem
By promoting a positive digital impact with its suite of collaboration solutions, Venha Pra Nuvem drives business performance.
Supported by Venha Pra Nuvem, the company boosted team performance, security policy implementation, and the auditing and management of shared files.
Google Cloud results
- Fast internal approval flow, especially for the Compliance team
- Effective contract drafting
- Improved scalability and excellent service availability with GKE
- More stable environment and faster task execution
Saved 60% in operating costs
In Transfero's view, the cryptocurrency market should be demystified. That is why the company's goal is to engage in conversation with banking, crypto, and financial systems to develop comprehensive solutions across all three environments.
As a company providing blockchain-based financial solutions, Transfero keeps constantly up to date in the industry. Headquartered in Rio de Janeiro, it has offices across many countries, including Argentina, Chile, and Switzerland.
One of the premises supporting Transfero's work model is its concern with process streamlining, ensuring agile B2B and B2C customer services. The company also values stable solutions, which is why its infrastructure has always been based on a multi-cloud environment.
However, demand for high application availability forced Transfero to start looking for a new technology provider. The company also needed to lower the high costs of its previous environment, as well as improve information organization and management.
"Google Cloud reduced our operating costs and increased productivity and collaboration. We knew this migration would also enable advanced document governance settings and help with security policy implementation."
—Pedro Lezan, Head of Infrastructure and Security, TransferoMore practical processes and new project deployment
It was with the support of Venha Pra Nuvem, a Google Cloud partner, that the company's history started to change, marking the beginning of its digital transformation journey. With Venha Pra Nuvem's help, the company's environment was assessed for the first time in May 2023 to analyze and redesign its structure.
Transfero's idea was for employees to familiarize themselves with Google Workspace tools and then adopt Google Cloud solutions. The entire migration process took four months to complete.
"The use of Google Workspace crystallized with the help of Transformation Lab, a Venha Pra Nuvem initiative for employee training, mentoring sessions, and tests. Another highlight was AppSheet Hackathon, a competition between working groups for best use practices of this solution."
—Etelvina Mendes, Account Manager, Venha Pra NuvemToday, the company believes Google Docs makes collaborative tasks and activities easier, allowing real-time edits on the same document. AppSheet has enabled a faster internal approval flow, especially for Transfero's Compliance team, thanks to a more agile document validation process.
The Contract and Vendor Management Department also saw benefits with this solution by automating processes on AppSheet. This allows lawyers to effectively schedule and draft contracts, verify a database of active agreements, check which contracts can be renegotiated or not, and so on. As a result, the vendor approval process is much faster.
In addition, some Google Cloud solutions became part of Transfero's multi-cloud environment, including Google Kubernetes Engine (GKE), which was selected to execute workflows to optimize, organize, and modernize company applications. Cloud SQL is also being used to consolidate the database Transfero uses.
"GKE stands out for ensuring excellent service availability, scalability, based on variable needs, and a satisfactory response to our applications, chipping in with several features."
—Pedro Lezan, Head of Infrastructure and Security, TransferoA robust cloud for planned growth
After evaluating the processes that had been changed, Transfero saw an improvement in team performance and productivity, gaining speed and autonomy in task execution. Google Workspace also enabled implementation of access and document security policies, as well as management and auditing of shared files.
Coupled with better performance, Google Cloud tools have already made company solutions more stable. Now, Transfero has a more robust multi-cloud infrastructure, with 60% lower general operating costs. As a result, one of the team's goals is to take a step forward and strategically leverage platform resources even more.
As for future plans, Transfero aims to migrate transactional database structures to a data lake. The objective is to invest in data analysis focused on the Risk and Prevention team to help improve internal controls, and to benefit the Business team by bringing new markets to the table.
"Thinking ahead, we're holding weekly meetings with Transfero. Environment maintenance is just as important as deployment, using the best features the platform offers to drive customer satisfaction," said Vinícius Ribeiro, Cloud Architecture Consultant at Venha Pra Nuvem.
Tell us your challenge. We're here to help.
Contact us
About Transfero
Transfero is a blockchain-based financial solution company enabling access to the global market through a platform of payments, stablecoins, and financial products.
About Venha Pra Nuvem
By promoting a positive digital impact with its suite of collaboration solutions, Venha Pra Nuvem drives business performance.