Serverless in Financial Services

Introduction

The financial industry is going through a radical change; the new generation of customers expects more precise, immediate, and comprehensive services. The emerging fintech offerings completely reshape the industry. New regulations are constantly emerging and need to be applied timely. In 2020, the unexpected global pandemic is another accelerator for this revolution. Around the world branches and offices are closed, more services and operations have been moving online, on the cloud, and on devices. At the same time, in the world of technology, people are moving toward becoming cloud-native, more precisely Kubernetes- native. Which completely changes the mindset of deployment, packaging, software development, and even the structures of how the IT teams are formed. 

Financial institutions have shifted their focuses, and invest more heavily on the IT infrastructure in order to: