Modern data-driven application architectures are getting broad adoption in leading financial services firms. Technologies first developed by webscale companies for personalized experiences are now used by financial services to enable everything from customer insights to cybersecurity and fraud detection. At the heart of this shift are microservices and cloud-native data services that bring new flexibility for organizations to get to actionable insights from enterprise data.
Business leaders are recognizing they can capitalize on enterprise data, with Gartner finding that 54% of financial services CEOs now quantify the value of data as a financial asset. For a leading global bank, the key to competitive advantage is a strategic innovation platform enabling faster time to market of new services, quick adoption of new technologies, and complete control of their hybrid cloud infrastructure footprint.