How AXS Modernized Singapore’s Fintech Infrastructure: A Success Story in Digital Sovereignty

In the competitive landscape of Asian fintech, mission-critical reliability is just the baseline. For market leaders like AXS, the real challenge lies in achieving rapid scalability and uncompromising security while maintaining complete control over their infrastructure.

Recently, Proxmox released an official success story detailing how AXS modernized its payment infrastructure using Proxmox Virtual Environment (VE). As a leading Proxmox Partner, Official Training Partner, and Hosting Partner in Asia, ReadySpace is proud to have supported this transition toward a future-ready, hardened private cloud.

The Challenge: Moving Beyond Legacy Hardware

Founded in 2000, AXS is a cornerstone of Singapore’s digital payment ecosystem. As service delivery cycles accelerated, their traditional dedicated-server model faced a turning point. To support the next phase of growth, the AXS technical team identified three core requirements:

  • Operational Agility: Reducing provisioning times for new services.
  • Enhanced Security: Hardening the environment against evolving threats.
  • Scalable Foundation: Moving away from vendor lock-in to embrace Digital Sovereignty.

The Solution: A Hardened Proxmox VE & Ceph Stack

The modernization strategy moved AXS from siloed hardware to a unified, hyper-converged infrastructure (HCI). This transition is a prime example of a successful VMware migration strategy for enterprises seeking cost-efficiency and control.

Key Technical Achievements:

  • Hyper-Converged Ceph Storage: By integrating Proxmox VE with Ceph, AXS achieved native high availability. This ensures that even if a physical node fails, payment services remain online without data loss.
  • CIS Benchmark Hardening: Security was treated as a first-class citizen. The entire stack was hardened to CIS Benchmark Levels 1 & 2, ensuring the platform meets stringent fintech governance and compliance standards.
  • Rapid Provisioning: By leveraging Proxmox templates and automation, the team shifted from deploying environments in days to provisioning in just minutes.
  • Optimized Resource Density: The switch allowed for significantly higher CPU and memory utilization, reducing the physical footprint and power consumption of the data center.

Why Digital Sovereignty Matters for APAC Fintech

For CTOs and IT Managers in the APAC region, the AXS story highlights the shift toward Digital Sovereignty. By utilizing an open-standard sovereign stack, AXS ensures that their critical payment data and infrastructure are not beholden to proprietary vendor roadmaps or extraterritorial regulations.

This move provides AXS with “Total Control”—the ability to audit every layer of their software stack while benefiting from the rapid innovation of the global Proxmox community.

Technical Stack Summary

ComponentTechnologyBenefit
HypervisorProxmox VEUnified management of VMs and Containers
StorageCeph (SDS)Self-healing, resilient high availability
SecurityCIS HardeningGovernance-aligned infrastructure protection
DeploymentProxmox TemplatesNear-instant scaling of new workloads

Looking Ahead: Scaling for Innovation

The roadmap for AXS focuses on further strengthening this foundation. By increasing automation and moving toward a self-service infrastructure model, AXS is ensuring that its infrastructure is not just a technical layer, but a strategic business enabler.


Ready to Secure Your Infrastructure?

The transition from legacy systems to a Sovereign Cloud requires local expertise and certified guidance. As the leading Proxmox partner in Asia, ReadySpace provides the technical depth needed for high-compliance migrations.

Our Specialized Services Include:

  • VMware to Proxmox Migration: Seamlessly transition your workloads with zero data loss.
  • HCI & Ceph Implementation: Build resilient, self-healing storage clusters.
  • Certified Training: Empower your team through Asia’s first official Proxmox training provider.

Contact ReadySpace Today to request a Proof-of-Concept (PoC) or a strategic consultation for your Proxmox implementation in the APAC region.

Reference: You can read the original report on the Official Proxmox Website.

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