Increasingly complex, heterogeneous IT environments require Financial Institutions to manage multiple dependencies between Infrastructure, Platform, Application and Data. This creates risk for misconfigurations which could compromise the availability, integrity or confidentiality of information assets and requires FIs to continuously manage and monitor the technology platform and remediate immediately any deviation against approved standards and baselines. With financial services being considered as critical infrastructure, Financial Institutions also need to establish strong controls around their software application development and delivery, in particular with regards to change management. However as business transformation initiatives drive the requirement for continuous delivery of new or improved digital services, there is a need for greater operational agility through streamlining technology operations, including breaking the traditional barriers between development and infrastructure teams to enable easy self-provisioning of infrastructure and platform resources. Finally, as cloud strategies are gradually evolving towards a hybrid, multi-cloud model with institutions managing workloads across public cloud, private cloud and their own data centres, financial regulators require FIs to manage their cyber security operations with a unified view of their infrastructure and build capabilities to manage cloud resilience as well as vendor lock-in and concentration risks. This requires a centralized, unified approach towards infrastructure management and platform deployment that reduces dependencies on the underlying infrastructure. By adopting DevOps practices and using automation, FIs can ensure that their management of infrastructure, platform and application deployment is efficient, error-free and supports their stringent requirements for resilience.

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