The Unsung Hero for Financial Services Firms: Distributed Databases?

By NUODB

Historically, financial services firms have always been on the bleeding edge of technology. Long before anyone was talking about digital transformation, banks and other financial services firms were actively seeking ways to leverage technology to change the way they conducted business. But all of this innovation has come at a price: so-called technical debt. With every innovation and
new technology deployment, financial services firms have added layer-upon-layer of technology — and technical complexity — like layers of paint that have sealed a window shut. The problem is this window needs to open — and these layers of complexity are making that nearly impossible. As a result, financial services firms are now at an inflection point. They must innovate, but to do so, must shed the technical baggage they have accumulated by being on the leading edge. But how?

Join Charles Araujo, Principal Analyst with Intellyx, and Ariff Kassam, Vice President of Product with NuoDB, for a lively conversation as they explore the complex situation that financial services firms now face — and explore why, as unlikely as it may sound, the database may be the unsung hero that helps them chart a path to the future. The two will discuss the emerging role of the so-called distributed SQL database as financial services firms look to modernize without throwing out all of their previous investments.

Attendees of this webinar will:

– Learn why the two-path choice to digital transformation that leaders think they face is false

– Find out how enterprises can deliver the experience their customers demand without rearchitecting all their software

– Discover why a hybrid approach to moving to the cloud may be the best approach for financial services leaders ready to move their organizations into the future

Click here for more information and to register.

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