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.
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INSIGHT

Serverless Transition

  • Capital One transitioned to serverless to improve developer experience and reduce burden.
  • This shift lets developers focus on business value and customer delight, not infrastructure.
INSIGHT

Cloud Elasticity

  • Cloud adoption's primary benefit isn't always cost savings.
  • It's the elasticity and ability to adapt quickly, unlike rigid on-premise systems.
ADVICE

Cloud Optimization

  • Avoid directly lifting and shifting applications to the cloud.
  • Decompose applications and optimize them for cloud-native features to reduce costs.
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