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Software Engineering Daily
Going Serverless in Financial Services with Brian McNamara
Jan 7, 2025
Brian McNamara, a Distinguished Engineer at Capital One, dives into serverless computing in financial services. He discusses how Capital One transitioned to this model, focusing on unique challenges like governance and cost management. Brian highlights the importance of collaboration among teams and the strategic shift in engineering roles. He explores the benefits of re-architecting applications for the cloud and the necessity of effective notification systems for developers. Listeners gain insights into the future trends of serverless technology in the banking sector.
37:58
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Quick takeaways
- Capital One's shift to serverless computing significantly improved developer experience by reducing operational burdens and fostering innovation through minimized costs.
- The adoption of serverless technologies in regulated financial services requires rigorous governance and compliance, integrating controls seamlessly into development pipelines for security.
Deep dives
Transition to Serverless Computing
Capital One made a strategic shift to serverless computing to enhance the developer experience while reducing operational burdens. This transition, initiated in 2021, aimed to establish Capital One as a 'serverless-first' company, encouraging teams to consider serverless technologies like AWS Lambda and Fargate for new applications. The underlying motivation was to minimize not just cloud infrastructure costs, but also engineering and maintenance costs, allowing developers to focus on innovation. Leadership recognized that serverless technologies offer built-in resiliency and flexibility, enabling applications to scale based on real-time business demand.
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