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


Felipe Vanni
13 November 2024

Join Canonical in Paris at Dell Technologies Forum

AI Article

Canonical is thrilled to be joining forces with Dell Technologies at the upcoming Dell Technologies Forum – Paris, taking place on 19 November. This premier event brings together industry leaders and technology enthusiasts to explore the latest advancements and solutions shaping the digital landscape. Register to Dell Technologies Forum – ...


Serdar Vural
12 November 2024

Bringing automation to open source 5G software at Ubuntu Summit 2024

5G Article

In today’s massive private mobile network (PMN) market, one of the most common approaches to PMN software and infrastructure are proprietary private business solutions. However, as our recent demonstrations at the October 2024 Ubuntu Summit in the Hague showed, open source software with enterprise-grade support is a cost-effective alterna ...


Amir Abdel Baki
7 November 2024

Life at Canonical: Freyja Cooper’s perspective as a new joiner in Communications

Ubuntu Article

Canonical has developed a unique onboarding process that enables new hires to quickly settle and establish themselves in our globally distributed environment. In this series, we interview team members who joined the company within the last year to ask them about their experience so far. In an earlier article, we heard from Amy Song, a ...