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Industrializing Financial Services with DevOps
Industrializing Financial Services with DevOps

Industrializing Financial Services with DevOps: Proven 360° DevOps operating model practices for enabling a multi-speed bank

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Industrializing Financial Services with DevOps

The Banking Context and DevOps Value Proposition

This chapter starts by introducing the main actor of the book, which is an incumbent bank, and defines its key characteristics. The internal and external environments of the bank will be discussed, aiming to present a detailed overview of its key external and internal context determinants in relation to DevOps. Continuing, the book’s tailor-made DevOps definition is presented and mapped to the DevOps value proposed for banking, using a mobile banking application as an example. The rest of the chapter focuses on introducing two important concepts and perspectives that are at the core of adopting DevOps at scale in a banking context. Starting with the concept of relevance, we discuss why context and situation are key parameters for consideration. In concluding the chapter, we discuss why enterprise DevOps adoptions should cater to a 360° perspective through the enablement of four qualities.

In this chapter, we’re going to cover the following main topics:

  • The main actor of the book, and its characteristics and ecosystem
  • Examining the incumbent’s external and internal context at a glance
  • Defining DevOps and its value proposition for banking
  • What is the importance of adopting DevOps at relevance?
  • Why take a 360° perspective when adopting DevOps?
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Key benefits

  • Design the right DevOps operating model for your organization through practical examples
  • Get insights into a variety of proven practices and concepts that you can employ during your DevOps adoption
  • Gain a holistic view of the complete DevOps capabilities and mechanisms to be enabled

Description

In recent years, large financial services institutions have been embracing the concept of DevOps in the core of their digital transformation strategies. This book is inspired by real enterprise DevOps adoptions in the financial services industry and provides a comprehensive proven practice guide on how large corporate organizations can evolve their DevOps operating model. The book starts by outlining the fundamentals comprising a complete DevOps operating model. It continues with a zoom in on those fundamentals, combining adoption frameworks with real-life examples. You’ll cover the three main themes underpinning the book’s approach that include the concepts of 360°, at relevance, and speeds. You’ll explore how a bank’s corporate and technology strategy links to its enterprise DevOps evolution. The book also provides a rich array of proven practices on how to design and create a harmonious 360° DevOps operating model which should be enabled and adopted at relevance in a multi-speed context. It comes packed with real case studies and examples from the financial services industry that you can adopt in your organization and context. By the end of this book, you will have plenty of inspiration that you can take back to your organization and be able to apply the learning from pitfalls and success stories covered in the book.

Who is this book for?

This book is for DevOps practitioners, banking technologists, technology managers, business directors and transformation leads. Prior knowledge of fundamental DevOps terminologies and concepts and some experience practicing DevOps in large organizations will help you make the most out of this book.

What you will learn

  • Understand how a firm's corporate strategy can be translated to a DevOps enterprise evolution
  • Enable the pillars of a complete DevOps 360° operating model
  • Adopt DevOps at scale and at relevance in a multi-speed context
  • Implement proven DevOps practices that large incumbents banks follow
  • Discover core DevOps capabilities that foster the enterprise evolution
  • Set up DevOps CoEs, platform teams, and SRE teams

Product Details

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Publication date, Length, Edition, Language, ISBN-13
Publication date : Dec 09, 2022
Length: 364 pages
Edition : 1st
Language : English
ISBN-13 : 9781804612217
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Product Details

Publication date : Dec 09, 2022
Length: 364 pages
Edition : 1st
Language : English
ISBN-13 : 9781804612217
Concepts :

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Table of Contents

20 Chapters
Part 1:Introduction, Value Proposition, and Foundation Chevron down icon Chevron up icon
Chapter 1: The Banking Context and DevOps Value Proposition Chevron down icon Chevron up icon
Chapter 2: The DevOps Multi-Speed Context, Vision, Objectives, and Change Nature Chevron down icon Chevron up icon
Part 2: The 360° DevOps Operating Model, Governance, and Orchestration Mechanisms Chevron down icon Chevron up icon
Chapter 3: The DevOps 360° Operating Model Pillars and Governance Model Chevron down icon Chevron up icon
Chapter 4: Enterprise Architecture and the DevOps Center of Excellence Chevron down icon Chevron up icon
Chapter 5: Business Enterprise Agility and DevOps Ways of Working Reconciliation Chevron down icon Chevron up icon
Part 3: Capability Engineering, Enablement, and Launch Chevron down icon Chevron up icon
Chapter 6: DevOps Software Development Life Cycle 360° Evolution and Engineering Chevron down icon Chevron up icon
Chapter 7: The DevOps 360° Technological Ecosystem as a Service Chevron down icon Chevron up icon
Chapter 8: 360° Regulatory Compliance as Code Chevron down icon Chevron up icon
Part 4: Adopt, Scale, and Sustain Chevron down icon Chevron up icon
Chapter 9: The DevOps Portfolio Classification and Governance Chevron down icon Chevron up icon
Chapter 10: Tactical and Organic Enterprise Portfolio Planning and Adoption Chevron down icon Chevron up icon
Chapter 11: Benefit Measurement and Realization Chevron down icon Chevron up icon
Chapter 12: People Hiring, Incubation, and Mobility Chevron down icon Chevron up icon
Chapter 13: Site Reliability Engineering in the FSI Chevron down icon Chevron up icon
Chapter 14: 360° Recap, Staying Relevant, and Final Remarks Chevron down icon Chevron up icon
Index Chevron down icon Chevron up icon
Other Books You May Enjoy Chevron down icon Chevron up icon

Customer reviews

Top Reviews
Rating distribution
Full star icon Full star icon Full star icon Full star icon Half star icon 4.9
(26 Ratings)
5 star 88.5%
4 star 11.5%
3 star 0%
2 star 0%
1 star 0%
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John Phillips Mar 25, 2023
Full star icon Full star icon Full star icon Full star icon Full star icon 5
Well structured, written and illustrated, with plently of real industry examples. A complete and fresh perspective of DevOps in large organizations, at enteprise scale.
Amazon Verified review Amazon
Emily Hill Jan 18, 2023
Full star icon Full star icon Full star icon Full star icon Full star icon 5
This is a very practical and useful read for DevOps enteprise adoptions.
Amazon Verified review Amazon
Amazon Customer Dec 09, 2022
Full star icon Full star icon Full star icon Full star icon Full star icon 5
The book takes you by hand and reveals you the magic world of DevOps.The book has very good pace as it starts slowly with the fundamentals (ch1,ch2) then introducing the setup phase of the book (ch3,ch4,ch5) and then going full speed for the rest of the book.Also each new chapter is build upon the previous ones, so it would be best not to skip any chapters.The abundance of examples will help even the most inexperienced reader to get a good grasp on the subjects.In addition I really liked the personal “tips” that the author shared in the book in the form of tips on how to best approach a situation because it gives more perspective on the subject and it works as an “unofficial” recommendation section (i.e. Chapter 4 DevOps CoE).Additionally the author takes seemingly unrelated business practices (such as the Spotify Agile Model) and reintoduces them.Furthermore, although the book revolves around the banking DevOps environment, the information is presented in an agnostic way. You can apply the same principles in other ventures (such as insurance/insurtech).Finally one very important aspect of the book is that it treats DevOps as part of the whole bank system, and how it correlates with corporate and business goals and needs. In other words how DevOps help the bank achieve their goals.I recommend it to everyone who works in Tech (regardless if it’s financial institution or not.
Amazon Verified review Amazon
Colin But Feb 07, 2023
Full star icon Full star icon Full star icon Full star icon Full star icon 5
Well written, structured and engaging. The several frameworks included provide good inspiration of practical methodologies, that can support an enterprise DevOps adoption. Though some of them have white text in grey background, which makes them little bit difficult to read. Note: 1) this book is for large and complex enterprises, not for small ones and 2) while the examples come from the financial services industry, i think they are quite industry agnostic in reality.
Amazon Verified review Amazon
SP Jul 25, 2023
Full star icon Full star icon Full star icon Full star icon Full star icon 5
I love a non fiction book that doesn’t waffle on - it gets to the point simply and quickly. This is a nice and easy read; with great use of diagrams to help the reader grasp concepts. Recommended for all working with Financial Services Technology (including the Business, as lets face it - who doesn’t work with tech these days!)
Amazon Verified review Amazon
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