Skip to main content

Your submission was sent successfully! Close

Thank you for signing up for our newsletter!
In these regular emails you will find the latest updates from Canonical and upcoming events where you can meet our team.Close

Thank you for contacting us. A member of our team will be in touch shortly. Close

  1. Blog
  2. Article

James Nunns
on 13 September 2018

Financial services: escaping the burning platform


The financial services industry is standing on a burning platform, it’s time to jump to safety or suffer the consequences.

The platform in this picture is the legacy infrastructure that dominates their IT organisations. From ageing servers and a dwindling workforce that’s even capable of running these monoliths, the pressure to change, for many, would have already forced a leap to safety.

Unfortunately for banks, that’s not the only pressure they are under. Challengers have emerged where there were none before and changes in regulation are forcing a dramatic rethink of how infrastructure can be approached and what technologies are available for them to use. Compounded by a growing demand from customers for services that are modern, always-on, safe, and simple to use, and you’ve got a perfect storm that FS is having to navigate.

Fortunately, there are solutions.

The adoption of DevOps practices and cloud technologies and more agile strategies is helping to underpin an increasingly open approach to technologies that are saving money and improving operations.

Canonical has sought to uncover the truth about the new and emerging technologies in the financial services industry by hosting a month of webinars looking into multi-cloud, DevOps, AI, machine learning, blockchain and containers.

Filmed at the London Stock Exchange with representatives from IBM, Canonical, 451 Research, and a former Deutsche Bank storage CTO, this series of four webinars looks at.

To find out more and to watch the webinars and the financial services month click the link below.

Watch the webinar

Related posts


Michelle Anne Tabirao
15 May 2025

Building an end-to-end Retrieval- Augmented Generation (RAG) workflow 

AI Article

In this guide, we will take you through setting up a RAG pipeline. We will utilize open source tools such as Charmed OpenSearch for efficient search retrieval and KServe for machine learning inference, specifically in Azure and Ubuntu environments while leveraging silicons. ...


Canonical
15 May 2025

vBRAS NFVI reference architecture with Huawei OceanStor and Canonical OpenStack

OpenStack Article

A broadband remote access server (BRAS) is an access gateway oriented to broadband network applications. It bridges broadband access and backbone networks, providing basic access methods and management functions for broadband access networks. Traditionally, BRAS has suffered from challenges, including low resource utilization, complex man ...


Ben Hoyt
13 May 2025

Canonical + thanks.dev = giving back to open source developers

Community Article

Canonical has committed to donating US$120,000 to open source developers over the next 12 months (using thanks.dev). ...