Ensuring uninterrupted service: The importance of live-live cloud redundancy in digital banking
In the world of online banking, cloud computing has become the backbone of modern financial services. It offers high scalability and efficiency, enabling financial institutions to deliver seamless experiences to their account holders. However, recent events have highlighted the vulnerabilities inherent in relying on a single cloud provider. For financial institutions, which handle sensitive financial data and transactions, cloud redundancy is not just a nice to have; it is a strategic priority. Let’s see why.
Guarantee uninterrupted service with cloud redundancy
As the term suggests, cloud redundancy means duplicating compute and data across multiple cloud infrastructures, enabling immediate retrieval or access if your primary cloud service is compromised.
Unlike traditional server hosting, cross-cloud infrastructure allows for protection against disruptive events through various redundancy techniques. Cloud customers benefit most from a global cloud infrastructure network with multiple data centers across different geographical areas and direct connections for real-time connectivity, backup, and redundancy.
While most cloud service providers require manual intervention if a physical server fails, organizations need a provider offering redundancy and high availability in every component of the infrastructure, including servers and storage, with centralized rather than local storage. This ensures continuity without interference, even if a physical server goes down, thanks to automated fixes.