
HongKe Solutions] Observability Budget Busting: How Redis + Grafana Saved Hong Kong Banks $1.4 Million in 2 Years?
Hong Kong Bank, troubled by the high license cost of Dynatrace, adopted Redis+Grafana to build an open source observable architecture in accordance with the TM-E-1 regulatory standards of the Hong Kong Monetary Authority. By adopting a hierarchical strategy of APM for the core system and metrics monitoring for the rest of the services, the bank maintains 70% of the monitoring performance, saving US$1.4 million in monitoring expenses over two years, and the report data can also satisfy the monitoring requirements.

