PaaS is gaining more and more momentum but many firms are still unsure about what it is and

how it could help a business.

What exactly is it?

don’t let it PaaS you bythe future of application PaaS

in financial services

Platform as a Service (PaaS)

provides a virtual environment for businesses to create and deploy their apps

with ease and speed.

How does it differ from IaaS + SaaS ?

- Infrastructure as a Service - - Platform as a Service -- Software as a Service -

Host CreateBuy

IaaS SaaS PaaS

IaaS + SaaS have helped FSbusinesses trust utilising

cloud resources and in doing so they have opened the

door for PaaS

2013 2018

So how big will it be?

$2.5 $7.0

22.6%

BILLION BILLION

ANNUAL GROWTH

(Gartner)

PaaS is now being seen as a growth driver by financial services

firms, rather than a medium for just bringing down costs

(IDC)

However, many firms continue to develop bespoke applications in-house and often come up against the following O

BS

TA

CL

ES

?

COST

RESOURCESRISK

DELAYS

SECURITY INTEGRATION

SCALABILITY

Data models have to be developed & take a lot of time to do correctly. With three years

for the average software development cycle, delays are

prevalent.

Changes take forever and costs spiral rapidly. Licensing, for example, can be problematic

and lead to hidden costs.

Without the right expertise, building integrations to connect with fundamental data sources

can be complex and never-ending.

Complex security models and firewalls have to be

developed, and this can often be time consuming - and costly.

Getting teams together from a variety of sources including

security, hosting, development etc is often challenging and

cumbersome.

When building an application from scratch, there are no

modules to help, and you have to reinvent the wheel.

Launched an application only to find that various components

have not been sufficiently load-tested, thereby hindering

performance?

Key Driversto move to PaaS

DEPLOYMENT SPEED

Easily scalable up to tens of thousands of users per server

and expansion has been proven by other customers.

Removes the issue of over-provisioning a network

with spare capacity or under-provisioning with

demand exceeding availability.

Updates are incremental and include data migration.

Jump between different branding, styles & functionality within the same application using different URLs.

Modular approach – instant bolt-on activation.

Rapid deployment in three weeks.

No requirement to build new serv-ers, design the user interface or employ developers.

Trial new features and easily move from development, through testing to production.

SCALABILITY

EASY TO CHANGE/UPDATE

Regulatory requirements can be managed through

set-and-forget policies that are implemented at runtime, reduc-

ing regulatory burdens.

Security is abstracted and field-tested.

Easily add/remove roles to fine-tune application access.

Having a single point of trusted and audited authentication for all departmental applications reduces threat surface.

INTEGRATION

SECURITY

COMPLIANCE

API modules already exist, so the hard work has been done to connect to your most important

resources.

Integrate with Active Directory, Oracle, Building Management

Solutions, trading platforms (Bloomberg, Fidessa etc), voice

recording software, messenging services, multiple

databases etc.

PaaS simplifies the coding pro-cess with common operations handled by platform.

Background capabilities (scheduled tasking and workflow) are built-in.

EFFICIENCY

What can you do next?

1. Understand your current application environment

5. Integrate into your business

3. Conduct a thorough business analysis

4. Pilot a project and begin with non-critical applications

2. Consider the applications you need to develop

PaaS can be customised

for...

INVESTMENT BANKING

Compliance Re-porting

SECURITIES TRADING

CRM & Research Platform BUY-SIDE

Risk & Attribution Re-porting

BUY-SIDE

Portfolio Management

CAPITAL MARKETS

RiskMonitoring

INVESTMENT BANKING

Business Continuity Management

There are various deployment options available

Public Hybrid Private

Now, what about regulation & compliance?

The regulator demands that you know:

- Where your data is stored- That customer data remains confidential - That good data security policies are implemented

PaaS ensures ALL of these are covered.

Find out more at sentronex.com

is a provider of leading PaaS solutions

for financial services firms

Sentronex Limited 42 Southwark Street | London | SE1 1UN

Sentronex is an award-winning provider of the following services: IT infrastructure, disaster recovery, software and cloud.

We look after an impressive range of London-based clients from both the buy- and sell-side who trust us to manage their IT services.

@sentronexnews

sentronex.com

+44 (0)20 7397 7400

sales@sentronex.com

Sources1. bobsguide - More Financial Services Firms Turning Towards Private PaaS Solutions, 20142. Hybrid Cloud Forum - Financial Services Sector Dives into Cloud Computing, 20153. Gartner - Hype Cycle for Platform as a Service (Paas), 20144. Gartner - aPaaS Report Card: Choose Your Cloud Application Platform Wisely, 20145. Gartner - Platform as a Service: Definition, Taxonomy and Vendor Landscape 2014, 2014 6. IDC - IDC Predicts the 3rd Platform Will Bring Innovation, Growth, and Disruption Across All Industries in 2015, 20147. Cognizant - Cloud Adoption in Capital Markets: A Perspective, 2014