Skip to main content

Your submission was sent successfully! Close

Thank you for signing up for our newsletter!
In these regular emails you will find the latest updates from Canonical and upcoming events where you can meet our team.Close

Thank you for contacting us. A member of our team will be in touch shortly. Close

  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


Gabriel Aguiar Noury
19 June 2025

What are our partners building for device makers? Explore the highlights from Ubuntu IoT Day Singapore

Internet of Things Article

Our first Ubuntu IoT Day in Southeast Asia – and our first ever event in Singapore! It was long overdue, as several attendees were quick to remind us. Ubuntu has long been a quiet force in the region, powered by its rich ecosystem of innovators. More than 150 participants came together to represent Southeast Asia’s ...


ebarretto
18 June 2025

Fixes available for local privilege escalation vulnerability in libblockdev using udisks

Ubuntu Article

Qualys discovered two vulnerabilities in various Linux distributions which allow local attackers to escalate privileges. The first vulnerability (CVE-2025-6018) was found in the PAM configuration. This CVE does not impact default Ubuntu installations because of how the pam_systemd.so and pam_env.so modules are invoked. The second vulnerab ...


Pedro Lazzarotto
16 June 2025

Join Canonical at HPE Discover Las Vegas 2025

AI Article

Canonical, the publisher of Ubuntu and trusted open source solutions provider, is proud to sponsor HPE Discover Las Vegas 2025. Join us from June 23–26 to explore how our collaboration with Hewlett Packard Enterprise (HPE) is transforming the future of enterprise IT, from virtualization and cloud infrastructure to AI/ML workloads. Registe ...