Skip to main content
  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


Aaron Prisk
26 February 2026

Unmasking the Resolute Raccoon

Desktop Article

You’ve almost certainly seen them… In the forest, rummaging through a dumpster, in poorly aging millennial memes. Raccoons are ubiquitous and endlessly entertaining creatures. YouTube and TikTok are full of videos documenting their clever antics and escapades. One such intrepid raccoon gained fame for making their way to the most unlikely ...


Benjamin Ryzman
24 February 2026

Building quantum-safe telecom infrastructure for 5G and beyond

private mobile network Article

coRAN Labs and Canonical at MWC Barcelona 2026 At MWC Barcelona 2026, coRAN Labs and Canonical are presenting a working demonstration of a cloud-native, quantum-safe telecom platform for 5G and beyond 5G networks. This is not a conceptual exercise. It is a full 5G System (5GS) deployment with post-quantum cryptography embedded across the ...


Philip Williams
18 February 2026

Predict, compare, and reduce costs with our S3 cost calculator

Ceph Article

Previously I have written about how useful public cloud storage can be when starting a new project without knowing how much data you will need to store. However, as datasets grow over time, the costs of public cloud storage can become overwhelming. This is where an on premise, or co-located, self-hosted storage system becomes advantageous ...