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Waylan Johnson, VP, Cloud Architecture & Operations, SWBC
As a diversified financial services company, SWBC is always looking for a competitive edge with technology for the business world while maintaining the highest standards of security, compliance, and availability. In days long past, we would build a data center full of physical servers, storage, and network capacity at a pre-planned high-water mark. Virtual servers on converged and hyper-converged infrastructure ushered in a way to gain economies of scale; however, capital outlays and time to delivery were still an issue. The arrival of public cloud allows us to deliver solutions with increased resiliency to our clients at a faster speed that does not compromise our low tolerance for risk.Our company has had an internally developed payments application for both financial institutions and individuals alike in the public cloud space for several years now. We leverage non-relational database services where the cost is based on throughput, not storage, and scales automatically. Highly available, distributed, near real-time search capabilities are paired with this database in conjunction with serverless compute, for an extremely resilient low-cost, transactional-based application that we only pay for as needed, one function call at a time. This application can be hosted across multiple regions both for resiliency and delivering content closer to the request; therefore, speeding up the application response time since the speed of light is constant. The technologies and managed services used by our payments application in the cloud serves as a blueprint and planned end state for many of our current and future applications, as we move through the transformation. We can leverage the elasticity of cloud resources across different availability zones or regions in ways we could never achieve running our own data centers or even utilizing colocation facilities.
The Transformation Landscape of Public Cloud Will Ensure We Continue To Achieve Our Mission, Vision, and Values