Covid-19 Impact on Banks, And fixes. The Black Swan Opportunity

Download Now

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

IBS Journal: The iconic monthly FinTech magazine

May 2020 issue out now! Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

Banks ‘need to prioritise automation’ to propel DevOps strategies

Jesper Frederiksen, Vice President and General Manager of EMEA at Okta

Financial services players must develop an automation-first mindset if they want to propel their DevOps agenda, a specialist in identity solutions has warned.
“As every company becomes a software company in 2019, more and more investment will be placed on an agile DevOps strategy, fuelled by the need to automate,” said Jesper Frederiksen, Vice President and General Manager of EMEA at security and identity specialist Okta. “This automation-first mindset will be a major change for most bank IT teams and will need to be driven by the CIO, along with an injection of fresh talent or a major investment in training for existing IT teams.”
On top of this, he said, CIOs should avoid developing their own technology as much as possible: “DevOps is about automation, but there are a growing number of excellent tools that engineers can string together to be successful,” added Frederiksen. “After a good DevOps model has been adopted by the CIO of an organisation, it’s important to transition to a mindset where the team learns how to leverage existing technologies instead of developing all on their own.” Okta is an independent provider of identity for the enterprise. The Okta Identity Cloud enables organisations to both secure and manage their extended enterprise, and transform their customers’ experiences, said the provider.  Over 5,600 organizations, including 20th Century Fox, JetBlue, Nordstrom, Slack, Teach for America and Twilio use Okta to securely connect their people and technology.

Related IBS Intelligence Research​

Related Posts