This is particularly true when microservices are used. The Cloud Native Computing Foundation (CNCF) charter described cloud native applications as having the following characteristics:Ĭontainerization enables rapid deployment and updating of applications. So what is cloud native, how does it impact application development and IT Operations, and how can traditional financial services firms leverage it to compete with newer fintechs?
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Oleg holds a Bachelor of Mathematics and a Master of Applied Mathematics and Computer Science from Novosibirsk State University and is an AWS Certified Software Architect. Oleg has championed the standardization of DevOps in all the company does and is a firm believer in driving the adoption of automation and artificial intelligence applications.
Oleg Chunikhin has been working in the field of software architecture and development for nearly 20 years. Personal loans by these firms went from 1 percent to 36 percent of loans in that period.Financing of fintech firms reached $22 Billion in 2017.3,300 fintech firms were created between 20.Government report highlighted the growth of financial services by non-bank firms, chiefly fintechs. bank, discussed this in their presentation “ Building a Bank With Kubernetes.” They released their annual report in July citing growth from 0 to 750,000 customers in 3 years. Many of these financial technology firms (“fintechs”) have taken advantage of modern application architectures and DevOps practices that are associated with “cloud native” technologies. Closer to home, teens and tweens are now splitting the cost of a pizza or an Uber using apps like Venmo, which has seen 80 percent growth this year. M-Pesa for example, the mobile payments solution from Vodafone and its subsidiaries that enables unbanked individuals in Africa, India and elsewhere to receive and make payments, has been around for over a decade. The payments sector is somewhat of an exception to this. The financial services industry has traditionally been very technology dependent, but often has trouble adopting new technologies. Terry Shea is Chief Revenue Officer for Kublr, the most comprehensive enterprise Kubernetes platform.
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