Why is OpenStack making customers’ life easier in Financial Sector?

Private cloud environments today provide greater benefits and flexibilities to business users, enabling banking institutions, whether retail, corporate, institutional and investment banking, to rapidly respond to changing needs dictated by users, regulation, and market. The digital transformation is impacting all the industries, and the financial services industry is not an exception anymore.

The need for innovative solutions, automated services and 24/7 support increased among customer’s experiences, and the financial service industry organizations are increasingly turning to private cloud technology to drive business agility and flexibility and meet customer’s needs.

The most competitive software for running a private cloud is by far OpenStack. OpenStack is an open source software platform for cloud computing, mostly deployed as infrastructure-as-a-service (IaaS), whereby virtual servers and other resources are made available to customers. The software platform consists of interrelated components that control diverse, multi-vendor hardware pools of processing, storage, and networking resources throughout a data centre.

Improved efficiency, rapid time to market, the flexibility of solution, greater productivity, flexible and quicker IT, self-serviced IT are just some of the goals worth to mention when adopting OpenStack cloud computing in finance.

However, deploying OpenStack cloud technology comes with some barriers that need to be addressed:
- complexity – complicated software, with a need to constantly upgrades the new releases
- skills – not enough OpenStack people experts
- perceptions of immaturity – heard as not being ready for production workloads

The above barriers can be easily solved if you are ready to embrace OpenStack as a service. This eliminates managing complex infrastructure on your own, letting the company employees focus on the business while choosing to deploy and upgrade OpenStack as a service offered by a dedicated ISV, without any downtime loss.

OpenStack cloud can offer huge benefits to compete in the finance sector:
- flexibility to gain massive scalability with access to additional cloud resources to meet peak demand
- a secure, reliable, and innovative infrastructure
- increase agility to meet business demands, regulatory requirements, to innovate in the market
- higher quality banking: Increase flexibility and scalability to quickly take advantage of growth
- lower operations costs

The multiple ways banking clients utilize, manage and spend money has evolved radically in the last few years. The methods of these tractions are constantly developing. The financial services industry needs to keep up evolving alongside.

We are able to provide you with the right cloud infrastructure, offering a full OpenStack environment, from Deployment to Operation and to Upgrade phase. We offer support 24/7 and uniquely guarantee Zero Downtime upgrade in the Upgrade phase of each new OpenStack release.

The automated OpenStack FishOS offers an investment bank’s private cloud infrastructure operations team a flexible, scalable, sophisticated system to manage, automate and optimize entire data centres.

FishOS is massively scalable, allowing for potentially hundreds of thousands of virtual machines to be launched, optimized and retired in a fully automated manner.
We will make sure that our cloud solutions for financial services are addressing data security, agility, manageability, standardization and cost control.

Please visit our www.sardinasystems.com to get a free strategy session for your business.

Sardina Systems provides smart, efficient, super-scalable cloud automation technology, enabling organizations to rapidly experience the value of OpenStack cloud and maximize the utility of their resources.

Sardina Systems is a European operations management software developer headquartered in Estonia, with local presence in the UK, Germany, Romania, and Russia. Sardina Systems delivers a full suite of operations management tools along with professional services and support that enable its customers to overcome the challenges of large scale data centre operations.

Sardina Systems FishDirector brings to large-scale virtualized data centres a modern fully integrated management and automation with a 100% open architecture, fully-tested and certified OpenStack platform.

In 2015, Sardina Systems brainchild, FishOS was awarded the IDC HPC Innovation Award.

Põhja puiestee 21/2-47
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Tallinn, Estonia

This release was published on openPR.