The modernization of cloud computing has introduced new challenges for banks seeking to meet the digital business requirements for innovation and transformation. Doing this is not simple, as many disparate cloud-related technologies and the methods used to interconnect them were designed neither to interoperate easily nor to function in real time and in a secured manner. As banks operate in the hybrid cloud with integration to legacy systems in the enterprise, they must maintain the continuity of business processes, among them domestic and global transactions as systems of record that connect customers and financials as well as devices at banking retail locations and ATM machines. These advances in computing and interconnectivity will yield new opportunities for monetization but will also involve challenges in ensuring continuity of banking operations.
To address these demands, a modern generation of event and messaging technology has standardized to support digital transformation and help connect machines and applications securely. This modern generation of events and messaging is agile in interoperation across cloud protocols, and can guarantee and secure messages across platforms and the internet. This has allowed banks to interconnect internally and across a variety of cloud computing environments—public ones such as Amazon’s AWS, the Google Cloud Platform and Microsoft Azure as well as private ones such as those provided by technology from IBM, Oracle, Salesforce, SAP and other platform as a service (PaaS) providers. Today’s event and messaging technologies can connect from the enterprise directly to cloud computing environments or can connect to another message broker or platform to minimize the computing cycles used in processing messages from point to point, much as network appliances have done in the past. Advancements in virtualization enable these enterprise event and messaging brokers to operate across a variety of computing environments without additional hardware.
