Rethinking Financial Services Transaction Modernization

Financial services institutions (FSIs) face massive market disruptions, mainly from new entries into their markets, big tech, and countless fintech startups. Traditional FSI’s biggest asset is increasingly becoming its most significant weakness: executing secure, reliable and compliant transactions at scale. Why? Globalization, market uncertainty, “online-first” expectations and rapidly changing regulatory guidelines have accelerated the need to overhaul core institutional pillars – easily achieved by cloud-native competitors without technical debt.

Watch this webcast to understand how relational databases – the bedrock of financial transactions for half a century – must be rearchitected, redeployed and reimagined for FSIs to thrive in a world of digitally transformed banking and insurance. Specifically, we'll look at:

• How distributed SQL databases must be designed and deployed for distributed and edge transactions, including mobile banking activities such as identity and payment authorization
• How operational analytics must increasingly be co-resident with transaction processing for critical use cases, including customer experience management and fraud detection
• How cloud design and implementation of transactional processing databases can impact price, performance, security and availability – with significant variations in latency between clouds, on premises deployments, and even within a single cloud