What Banks Have in Common with Google
Financial services organizations are adopting cloud-native infrastructure to modernize operations and remain competitive with fintech companies. Banks have different infrastructure requirements than other industries due to the highly regulated nature of banking, critical role in global economies, and complex transaction environments. The cloud offers financial institutions benefits such as scalability, flexibility, and accessible data for timely insights. To meet fast-changing customer demands, banks are moving to cloud-native or hybrid cloud application strategies based on containers and microservices. CockroachDB is helping some of the world's largest banks transition to a cloud-first infrastructure by providing high availability, elastic scalability, and consistent transactions with low latency.
Company
Cockroach Labs
Date published
Feb. 25, 2021
Author(s)
Jessica Edwards
Word count
1129
Hacker News points
None found.
Language
English