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


Benjamin Ryzman
2 April 2025

The future of Kubernetes networking: Cilium and other CNIs with Canonical Kubernetes

Ubuntu Article

Choosing the right Container Network Interface (CNI) for Kubernetes is critical to achieving optimal performance, security, and scalability. With the launch of  Canonical Kubernetes LTS (long-term support) last month, Canonical decided to integrate Cilium as the default CNI in order to reflect our commitment to delivering a modern, securi ...


Michelle Anne Tabirao
2 April 2025

How does MongoDB work?

Data Platform Article

Explore what MongoDB is, how it functions, and how organizations utilize it for specific applications to achieve business benefits. ...


Rajan Patel
31 March 2025

Automated patching for the Linux kernel

Security Article

To start securely and efficiently, Linux systems follow a carefully orchestrated sequence of steps to initialize firmware and manage services. Applying security patches to the software responsible for some of these early steps of Linux startup often requires a full system reboot. Frequent reboots driven by unplanned critical patching is d ...