Building Robust and Reliable Cloud Platform through OpenStack and Ceph
As the cloud storage technology is proving to be a superior alternative to boost capacity to handle massive data growth, it is now offering an exceptional level of flexibility, scalability and cost saving to the banking and financial service industry. One of the best solutions is the adoption of OpenStack with Ceph, which can reduce license fees required by the traditional virtualization architecture, and maintain low-cost scalability. This solution also replaces existing SAN or NAS storage solution with distributed storage solution, to solve future expansion and backup problems.
Owing to the bureaucratic banking culture, a majority of banks still keep their old equipment running. Many servers are still using Pentium processors, which are too old to upgrade. inwinSTACK provides physical to virtual (P2V) and virtual to virtual (V2V) solutions to help clients transfer their old equipment to OpenStack, and improve system performance. With painless system upgrade, these solutions can continue to provide IT services or customer account access to bank staff.
Financial clients tend to think twice when it comes to adopting new technologies because of their instability. For that matter, accredited inwinSTACK is a certified service provider that can assist our clients by offering training courses to people at their IT departments. We provide comprehensive consulting, development, and technology transfer to our clients so that they can rest assure the open-source, on-premise cloud platform will be up and running safely and securely.
When digital information enters the financial trading platform, it changes the path and structure of past transactions. Different from past restrictions of pyramid-type transaction matching, Fintech products provide lower rates, easy customer contact, convenient manual-free account establishment, and the ability to combine innovative products and services to bring customers better service quality and experience.
inwinSTACK’s capabilities of blockchain technology, edge computing features, and software and hardware integration allows traditional financial institutions to adapt to new Fintech services.