Modern day mobile applications believe in providing updates regularly, and that has allowed them to obtain increased support and trust from their users and customers. The pace of popularity for mobile and web applications is fast increasing. Google and Amazon are leaders in the space of application development, considering the innovative technologies they use to update and empower their applications. The way these pioneers have been increasing functionalities in their applications is raising the bar of expectations for other industries to improve their software and come up with innovative development models,, thus improving the user experience. Competition in the financial sector is growing over time, therefore, providing customers with improved and customized services is becoming a must. DevOps for finance could play an instrumental role in changing the scenario of your financial company in the global market.
Why DevOps for finance?
Patrick Debois is the man who coined the term DevOps. DevOps is a way through which both, development and operations teams, can communicate with each other and allow the concerned organization to provide their customers with an improved set of functionalities. The approach amalgamates developer and operation team processes to create a DevOps team. When the development and operations team in a financial services company can communicate with each other in a better and open manner, the finance organization can quickly launch its applications as soon as any changes are made, allowing the time taken for an application re-launch to reduce drastically. The finance industry so far was operating slowly and application updates published were even slower. Security threats always loomed over financial organizations and their applications, as these financial companies deal with huge amounts of money. Even a single flaw with financial applications can lead to potential loss of assets. With their traditional approach, financial organizations have been at a great risk of losing out on its customer’s assets and consequentially its reputation. DevOps for finance proves to be a way for the finance industry to have an easy way towards updating its software and maintaining itssecurity standards, assuring customers about their assets being safe and providing them with better services to interact with.
How will DevOps transform the finance industry?
CTOs and CIOs of financial organizations have realized the need for a technique that gives them the ability to come up with a solution that can help them with customer retention and allow their users to have a better experience when interacting with their applications. When a financial organization wants to develop an application or software, one of its primary concerns is the security of user information stored in their systems. Using DevOps practices, organizations can provide their users with secure applications and software that would ensure no breach of information.The speed at which financial organizations have been providing software updates to their users will also increase immensely with the introduction of DevOps to finance.
DevOps is being accepted by different industries continuously and well proving why this technology has achieved widespread success. While finance industry is leveraging several technologies, DevOps for finance is an option that can provide the financial sector with the capability to establish a better relationship between the development and operations teams and to focus on receiving genuine feedbacks through which they can keep updating their software.
