Fireside Chat: The Big Digital Push: Committing to the Cloud in the Finance Industry
summary
UnionBank commits to 100% cloud and reports a jump from 300,000 to 30 million digital transactions yearly, handling 1 billion API calls per month. The organization builds API-first microservices, zero-deposit accounts and selfie onboarding to enable three-minute loans, runs analytics with about 70 data/AI experts, and enforces no-batch extraction into governed pipelines. Remaining work is porting the CASA legacy system to the cloud (planned by year-end) and deploying geo-diverse hybrid DBs for resilience and sovereignty.
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chapters (11)
- 0:00Digital banking transformation
- 2:51Financial industry shifts
- 7:00Union Bank’s digital mission
- 10:52Cloud-native banking tech
- 14:03Enterprise tech trends
- 17:32Cloud for business agility
- 19:42Data layer innovation
- 22:08PostgreSQL infrastructure
- 25:15Disaster recovery
- 28:02Security and compliance
- 31:11Closing remarks
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