Risk & Complexity - A typical universal bank runs more than 180 documented applications, which restricts flexibility and creates thousands of points of failure.
Scalability - Traditional banking systems can't keep up with the pressures created by their modern, digital front-ends.
Expectation Gaps - Customers expect financial institutions to move beyond traditional bank roles and help them make better financial and commercial decisions.
Legacy Architecture - Maintaining legacy banking systems consumes a significant percentage of a bank’s IT budget, leaving little room for innovation.
Benefits of NuoDB
Scale - Scale out based on real-time demand, without stopping database services or over-provisioning your RDBMS.
Performance - Rely on in-memory caches to automatically adjust for optimal workload performance based on access patterns—without sharding the database.
Continuous Availability - Perform upgrades and withstand potential failure at all levels—of a process, a host, or a data center—while maintaining application availability.
Flexibility - Run in your environment of choice: on-premises, in containers, in one or more clouds, or in a hybrid-cloud.