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


Nina Rojc
16 June 2026

Template: Streamlining open source design contributions

Design Ubuntu tech blog

As designers working at Canonical, we’re always thinking about open source. We believe that encouraging more designers to contribute to open source  benefits everyone, from the project maintainers to the end users themselves.   In the 2025 edition of FOSSBackstage conference, we presented our research findings on  why designers don’t get ...


Lech Sandecki
16 June 2026

Beyond Mythos: responding to a new threat landscape

Ubuntu Ubuntu tech blog

Canonical’s security philosophy has always been built on the premise that vulnerabilities exist and will be discovered. Our response relies on defense-in-depth architecture, rapid patch deployment, and strict adherence to Coordinated Vulnerability Disclosure (CVD). AI changes vulnerability discovery volume and speed. We have a robust vuln ...


Gabriel Aguiar Noury
16 June 2026

A look into Ubuntu Core 26: Building a local AI inference appliance in a virtual machine

Internet of Things Ubuntu tech blog

Welcome to this blog series which explores innovative uses of Ubuntu Core. Throughout this series, Canonical’s Engineers will show what you can build with this Core 26 release, highlighting the features and tools available to you.  In this first blog, Farshid Tavakolizadeh, Engineer Manager for Canonical’s Industrial team, will show you h ...