Elastic Finance Lunch & E-MeetOpen Banking (PSD2)

Michael DownPrincipal Solutions ArchitectUK

Agenda:

● Intro● Overview of Elastic within Financial Services● How Elastic helps with Open Banking (PSD2)

Industry agnosticuse cases?

APM METRICSLOGGING

APP SEARCHWORKPLACE

SEARCH

SITE SEARCH

OBSERVABILITY

ENTERPRISE SEARCH

SIEM ENDPOINT

SECURITY

Financial Services specific use cases?

CSDR

PSD2API / MONITORING

HPC GRID MONITORING

MIFID II

CASH POINT MONITORING VIA

SOCIAL MEDIA

TRADE ANALYTICS MERCHANT PORTAL

KYC / CUSTOMER 360

Fraud DetectionMAINFRAME

OFFLOAD

Hot projectswith our customers?

Real-time Blotters

CSDRTrade Tracking

Audit Logging

Open BankingPSD2

Hot Projects

Legacy Offloading

Retail / CorporateBanking

Investment Banking

Trade Query Stores

Open Banking

APIs. Monitoring.

ElasticsearchPowering Open Banking

APIs.

Why Elastic?

Elastic is a search company.We focus on value to users by producing fast results

that operate at scale and are relevant. This is our

DNA. We believe search is an experience. It is what

defines us, and makes us unique.

Speed, Scale,

Relevance

Rabobank.

The speed is impressive according to all users we ask, including myself. Some technical people even double check the results, because 'that can't be true, that fast and accurate'. But it is.

René BouwProduct owner and solution architect of Team Fortress, Rabobank.

https://www.elastic.co/blog/rabobank-enhancing-the-online-banking-experience-with-elasticsearch

Rabobank.

Real World Stats:

● Over 10 million Customers

● 23 billion transactions

● Spanning 80TB of data

● 200 events per second

○ 10 million events per day

https://www.elastic.co/blog/rabobank-enhancing-the-online-banking-experience-with-elasticsearch

ElasticsearchPowering Open Banking

Monitoring.

Why Elastic?

Elastic is a search company.We focus on value to users by producing fast results

that operate at scale and are relevant. This is our

DNA. We believe search is an experience. It is what

defines us, and makes us unique.

Speed, Scale,

Relevance

Real World Stats:

● 1.2 petabytes of logs per day

● 5 million metric data points per SECOND

eBay.

https://www.elastic.co/blog/monitoring-petabytes-of-logs-at-ebay-with-beats

Unified visibility across your entire ecosystem

Bring your logs, metrics, and APM traces together at scale in a single stackso you can monitor and react to events happening

anywhere in your environment.

And it's free and open.

https://www.elastic.co/observability

Elastic Solutions.APM.

Elastic Solutions.Infrastructure.

Elastic Solutions.logs.

Links:Open Banking:https://www.elastic.co/blog/psd2-architectures-with-the-elastic-stackhttps://www.elastic.co/blog/psd2-architectures-with-the-elastic-stack-part-ii

CSDR:https://www.elastic.co/blog/ensuring-timely-settlements-and-csdr-compliance-with-the-elastic-stack

FS Hot Topics:https://www.elastic.co/blog/financial-services-trends-seen-at-elastic

Customer Stories:https://www.elastic.co/blog/rabobank-enhancing-the-online-banking-experience-with-elasticsearchhttps://www.elastic.co/elasticon/conf/2016/sf/how-the-elastic-stack-changed-goldman-sachs