Cloud technology has become a fundamental aspect of the financial services sector. As customer expectations soar, financial institutions are compelled to optimize their operations, reduce expenses, and foster innovation. The discussion has shifted from whether to adopt cloud solutions to the speed of implementation. To meet the demand for customized services, organizations must focus on agility and responsiveness.
In this context, Liberty IT Solutions has embraced serverless best practices through the AWS Cloud Development Kit, which has been instrumental in deploying serverless applications on AWS for over four years. This collaborative effort, detailed in another blog post, highlights how the integration of AWS Lambda and Amazon API Gateway has allowed them to streamline their workflows effectively. You can read more on this subject here.
Recently, a new version of the AWS Well-Architected Framework was unveiled, incorporating valuable feedback and adapting to emerging industry trends. Key improvements have been made, including the reduction of repetitive content and the introduction of new focus areas. This update is designed to enhance the overall usability of the framework.
Additionally, the Well-Architected Framework has been refined across its various pillars. The Operational Excellence pillar now offers expanded guidance on operational models and cultural considerations. The Reliability pillar has seen a reorganization of content, emphasizing best practices and chaos engineering. Each of these updates supports organizations in achieving high performance and resilience in their architecture.
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In summary, the AWS Well-Architected Framework is continually evolving to support financial services and other sectors in meeting the demands of a cloud-centric world. Organizations are encouraged to leverage these resources to enhance their architectural practices and drive innovation.
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