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


Miha Purg
15 May 2026

Finding the blind spot: How Canonical hunts logic flaws with AI

AI Article

AI is accelerating and improving how security engineers find and fix vulnerabilities. A new tool developed and used at Canonical, called Redhound, has already uncovered three critical logic vunerabilites, paving the way for a more secure software landscape. ...


Luci Stanescu
14 May 2026

Fragnesia Linux kernel local privilege escalation vulnerability mitigations

Ubuntu Article

A local privilege escalation (LPE) vulnerability affecting the Linux kernel has been publicly disclosed on May 13, 2026. The vulnerability does not have a CVE ID published, but is referred to as “Fragnesia.”  The vulnerability affects multiple Linux distributions, including all Ubuntu releases. The affected components are the Linux kernel ...


Bertrand Boisseau
13 May 2026

Rethinking BYOD security: protecting data without trusting devices

Ubuntu Article

BYOD (bring your own device) has always looked better on paper than it does in real life. The promise is clear: let people use the gadgets they already own. Less friction, lower costs, and more freedom. But when security and privacy are non-negotiable, the conversation around BYOD usually ends quickly. Not because BYOD is a ...