Spotlight on. How the public cloud is enabling the rapid growth of smart banking around the globe

Transcription

1 Spotlight on How the public cloud is enabling the rapid growth of smart banking around the globe

2 Private Cloud is an Oxymoron Streaming Video To Legacy DVD Player???? Public Cloud Private Cloud 2015 Cloud in Cloud by 2020???

3 Additional Public Cloud Benefits Core Competency Focus Reference Model Technology Architecture Private Cloud Business Architecture Application Architecture Technology Architecture Public Cloud Business Architecture Application Architecture Technology Architecture Time to Market Innovation N Years N Years Minutes to 1 Year Massive Economies of Scale 10 s of Millions of Users 100 s of Millions of Users Better Security Really

4 Public Cloud Enables Core Competency Focus Industry Example Digital Business Focus Focus on sophisticated fraud detection Public cloud enables super high-volume processing but with tuning flexibility Bank.com Focus Computing Electricity Example 2 engineers build/manage 100 s of functions deployed in multiple countries 90%+ budget on feature/project work *

5 Public Cloud Enables Time to Market Innovation State of the art computing with the click of the cart! Industry Example Insurance risk modeling - weeks to hours Specialized high performance computing (AWS EC2 GPU instances off the shelf) Example Spin up Mint.com & Bank.com environment in any country in hours Cloning for future releases in a day GPU Instances *

6 Public Cloud Will Dramatically Win on Cost 2000 Hosted 2014 Public Cloud Industry Example Data Warehousing migration to AWS Redshift yielded 57% savings over legacy >$20MM <$10MM? ~$50K Example 4 Country Deployment Public Private # Staff 2 12 Staff Cost 20% Cost Startup Infra Cost $100K s MM s Total Startup Cost ~$500K >$10MM Global business model distribution at 5% the cost of private cloud

7 Public Cloud is More Secure Public Cloud Security Private Cloud Security Fallacy Your Focus Business Functionality SSL upgrade w/ drop-down Global VPC segmentation Single admin choke point Virtual Infrastructure Security Physical Infrastructure Security Provider Focus

8 Our Story

9 What is Moven? Spending & Saving Smarter Modern Consumer Technologies Mobile Social Real-Time Analytics Cloud Better Lower Cost Banking Banking Innovative Real-time Technology Real-time Financial Wellness Contextual Money Experiences Real-time payment receipt Credit Payments Digital Banking Financial Wellness Management Real-time spending meter Money path Full financial profile Transaction categorization

10 Moving to Real-Time Money Moments Smart Spending Emergency Cash Wish-List Financing Impulse Savings

11 The Moven Business Model 1. Reinvent Banking 2. Distribute the Model 3. Scale the Model C B2C (US) B1 B2B (FW Lifestyle) B2 B2B (Digital Disruptor) Digital Banking Core Banking Financial Wellness Management Digital Banking (Bank X) Core Banking (Bank X) Financial Wellness Management Digital Banking Core Banking (Bank X) Financial Wellness Management Retail Bank Retail Bank (Bank X) Retail Bank (Bank X) Innovative Growth with Explosive Potential Global Scale with Mature Business

12 The Moven Technology Stack App Development Platform Android OS Android Wear ios Apple Watch Public Cloud DNS AWS Route 53 Load Balancer AWS ELB AWS OS IaaS Cloud Web Server IaaS App IaaS App PaaS Object Store PaaS AWS S3 RDBMS PaaS SQL Server NoSQL PaaS NoSQL Server

13 Our Public Cloud Story

14 The Moven Global Distributor Moven Technology Stack(s) Global Distributor Replicated Multi-Tenancy Extreme Continuous Delivery Consistent & Secure Segmentation Simplified Configuration Mgmt. Cloud Mgmt. Technology Cloud Distribution AWS Cloud Formation IaC Technologies Code Source Control Config Source Control Code & Config. Builder Image Mgmt. Developer Runtime Cloud Runtime IaC Orchestration AWS S3 AMI s

15 Efficient and Consistent Global Distribution Cohesive versioning using modern IAC tools enables an efficient and consistent model that can be segmented per client and globally distributed Environment Config. Environment Config Code Config. Infrastructure Config. Segmented Client Network 1 Segmented Client Network 2 AWS S3 Immutable Source Global Distributor Application Code Immutable Servers Code Config. Server Config Application Code Immutable Servers Code Config. Server Config Application Code AWS Cloud Config AWS Cloud Config Infrastructure Code

16 Moven Global Distributor Key Benefits Efficient global distribution 1 hour to deploy to any AWS-supported country Extreme continuous delivery 10+ deployments per day System-wide consistency 1000 s of config. settings w/ only 1% diff Environment symmetry 0 issues with production config. Global client segmentation 4 separate/consistent environments per client Leading-edge IAC techniques 2 staff vs. 20 Scalable and fault-tolerant Scale from 10K s to 1MM s users in 1 year Efficient developer onboarding 4 hours from laptop to code

17 Value per IT $ Spent What s Next? Enterprise Computing Disruption Machine Learning Hosted Internet Computing Private Cloud Computing Public Cloud Computing Technology Normalcy Bias Time