Article: The benefits of serverless for the banking and financial services industry

Money, Open Governance

The benefits of serverless for the banking and financial services industry

The financial services industry, like many industries, is currently undergoing a radical shift. In addition to the change to all-digital transactions, customers have come to expect comprehensive services that are able to meet their needs when, where and how they want them. In order to keep up with rapidly changing customer demands and remain compliant with industry regulations, financial services organizations must have the right IT infrastructure and processes in place.

And, as cloud-native—and more specifically, Kubernetes-native—development techniques continue to become the norm, the way developers at financial institutions work must also change, to a cloud-first approach. More and more, implementing a serverless architecture is what makes sense for financial organizations as they continue to transform their focus more on customer demands than IT infrastructure.

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