Key Challenges Faced by Financial Services During DevOps Transformation
Lack of skill and industry knowledge to push the right DevOps transformation strategy
Slow and inefficient software delivery system that results in customer dissatisfaction and loss of business
Dependence on monolithic and legacy systems that do not support modern software delivery makes it challenging to adopt DevOps.
Issues related to communication, collaboration, quality, and goal-setting due to development and operations teams working in silos
Complex integration with security regulations that are mandatory for compliance with industry standards
Our devops transformation services include
Leveraging DevOps for digital transformation by employing automation, collaboration, and continuous delivery practices
Identifying the right talent and setting up infrastructure to establish a DevOps center of excellence (CoE) that can drive the transformation process
Modernizing legacy and mainframe applications to support cloud-native infrastructure through DevOps practices and tools
Identifying and mitigating security risks throughout the software delivery lifecycle, using tools and practices such as security testing, vulnerability scanning, and code analysis
Opus Creates a Collaborative Culture for Effective DevOps Transformation
Enables banks and FIs to launch new products faster by accelerating the software delivery process
Enhances software reliability, reduces downtime, and improves customer satisfaction by employing DevOps best practices
Improves overall performance through effective communication and collaboration between development and operations teams
Achieves greater efficiency and cost savings by automating manual and repetitive tasks through the DevOps transformation
Integrates security and compliance within the software delivery process and enables compliance with regulatory frameworks
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Frequently asked questions
DevOps transformation is the process of infusing agility and reliability into software development by adopting DevSecOps principles. It aims to bridge the gap between the development and operations teams in order to reduce the time for development, testing, and deployment. The transformation process also seeks automation of repetitive workflows and continuous improvement.
Some of the best practices for a successful DevOps transformation are overcoming team silos through effective communication and collaboration, setting up a continuous feedback mechanism, establishing a governing council to oversee the transformation, integrating security and compliance as part of development, and effective monitoring throughout the SDLC.
The most crucial parts of the DevOps transformation are teams, work culture, and toolsets. The primary objective of the DevOps transformation is to promote release cadence. To make this happen, teams must adopt a work culture governed by agility, communication, collaboration, and continuous improvement. The right set of tools adds enormous value to effectively adopting this approach towards software development and delivery.
Adopting DevOps is a critical move for banking and financial institutions on their path to digital transformation. DevOps promotes cultural change towards better communication, effective development, automated testing, and faster product releases. This helps banks develop applications through controllable sprints that aid continuous planning, building, testing, and integration of smaller components.