Blog

Active recovery: lessons that must be learned from BA’s disastrous outage

Active recovery: lessons that must be learned from BA’s disastrous outage

Jun 07, 2017

Those puzzling over the cause of British Airways’ recent IT systems failure are missing the point. The real issue is why the airline took so long to get back up and running again.

It’s possible we’ll never know exactly what caused British Airways’ crippling IT outage, which disrupted more than 75,000 passengers around the world late last month.

But that’s a distraction from the real issue. Whether the cause was a power outage, disk failure, human error, out-of-date IT or scheduled maintenance that went awry, the fallout should never have been on such a scale. Outages happ...

Continue reading

Bank battle for innovation and market share needs huge live data crunching

Bank battle for innovation and market share needs huge live data crunching

Jun 05, 2017

From self-service chatbots to faster loan decisions, next-generation banking needs big data to be crunched in real time or it won’t deliver the level of service customers expect.

When there isn’t much else to choose between brands, customer service becomes an important differentiator, and in financial services the situation has become acute. As regulators continue to make it easier for customers to switch providers, financial institutions must spend as much time keeping existing account holders happy as they do wooing new ones. Issuing apps and making it easier for customers to ...

Continue reading

How to avoid downtime and disruption when moving data

How to avoid downtime and disruption when moving data

May 17, 2017

Increasingly organizations need to move data between data centers and/or the cloud, but the risk of downtime during transition is a sticking point.

Business Continuity Awareness Week 2017 is here, and hopefully it will present a fresh opportunity to review some of the cloud’s limitations in this area.

Some 60 percent of all enterprise IT workloads will be run in some form of public or private cloud by as soon as next year, according to 451 Research’s latest estimate. It projects particularly strong growth in critical categories, including data analytics and core business applications. Findin...

Continue reading

Four nines & failure rates – will the cloud ever cut it for transactional banking?

Four nines & failure rates – will the cloud ever cut it for transactional banking?

Apr 26, 2017

Nearly nine hours of unplanned outage a year - in real-time banking? Is it any wonder financial services hasn’t made the final leap into the cloud?

Banks looking to take their cloud plans to the next level are likely to have returned to the drawing board following the latest Amazon Web Services outage, which disrupted the online activities of major organizations from Apple to the US Securities and Exchange Commission. One estimate suggests US financial services companies alone lost $160 million[1] – in just four hours. It’s been a timely reminder that any downtime is too much in an always-on d...

Continue reading

Why banking should stay well clear of blockchains

Why banking should stay well clear of blockchains

Apr 21, 2017

As much as financial services institutions need to innovate, backing the wrong digital platform could be their undoing.

If the financial services industry is banking on blockchains as the basis for new service innovation, it will be sorely disappointed. Blockchains’ design principles are completely at odds with those of the industry, and are fraught with flaws that could be catastrophic for financial institutions.

I’ll come on to why in a moment. Clearly, there is a lot of hype and momentum around blockchains. WANdisco sees this first hand: we’re increasingly being approached by banks who thin...

Continue reading

Get Started

keyboard_arrow_down

Request a free trial and demonstration of WANdisco's products now.

We use cookies to personalize content and to analyze our traffic. By continuing to browse WANdisco.com you agree to the use of cookies for analytical purposes.