INTELLIGENT SECTION
FINANCE SALES & MARKETING HR SOLUTIONS EMPLOYEE ENGAGEMENT
Sumo Logic helps FinTechs modernise banking with continuous intelligence
Sumo Logic , a pioneer in continuous intelligence , has announced it is expanding its work with leading businesses in the FinTech and banking sectors including Coincheck , Currencycloud , Moneytree , MoonPay , Paidy , Snoop and more . These companies use Sumo Logic ’ s Continuous Intelligence Platform to transform data from complex systems into real-time insights with a single pane of visibility across security and operations to help FinTechs diagnose and troubleshoot issues faster and reduce service interruptions .
The FinTech space is one of the fastestgrowing areas of emerging technology ,
SUMO LOGIC PROVIDES CURRENCYCLOUD CENTRALISED SECURITY ANALYTICS WITH REAL-TIME ALERTS AND ACTIONABLE INTELLIGENCE .
With more companies developing their applications on cloud-native infrastructure , FinTechs are turning to continuous intelligence , a new category of software with real-time insights delivered from a single , cloud-native platform across multiple use cases to speed decision-making and drive world-class customer experiences .
“ New cloud and application architectures , increasing regulation and security concerns , coupled with the acceleration of Digital Transformation is challenging all industries , including FinTech to modernise their business in order to stay competitive ,” said Dione Hedgpeth , Chief Customer Officer at Sumo Logic .
“ The ability to harness real-time analytics and continuous intelligence across operations and security can support FinTechs business objectives as they compete against more traditional banks . In turn , teams can move quickly and adopt new technologies faster , which means organisations can spend more of their time building services for their customers and less time managing their infrastructure .”
Sumo Logic works with a number of the world ’ s leading FinTech organisations to accelerate innovation and reduce the time to detect , identify and resolve operational and security issues .
Jem Walters , Chief Technology Officer , Snoop , said : “ Our service is based on taking customer banking transaction data via Open Banking , understanding their behaviour and helping them with money saving recommendations that are personalised to them , a bit like Instagram for their money . Customers trust us with their banking data , and therefore we have to be as secure as a bank . Sumo Logic takes the same approach that we deliver to our customers around security , developer and operations data , offering our DevOps team real-time insights and actionable intelligence . Because Sumo Logic ’ s platform spans security and observability , it significantly helps our team be more efficient as we look to scale-up .”
Derik Vercueil , Global Vice President of Architecture and Security , Currencycloud , said : “ We wanted a partner that delivered on the promise of a great customer experience . Sumo Logic provides Currencycloud centralised security analytics with real-time alerts and actionable intelligence . It is helping us scale for enterprise services and bankinggrade security .” x with investments of US $ 44 billion globally in 2020 , according to Innovate Finance . In order to successfully compete in this highly competitive and regulated market , FinTechs need to know what happens in their business as it happens so they can respond with speed and relevance . Getting real-time access to data around application performance is essential for developing business operations , while keeping those services both secure and compliant .
48 www . intelligentcxo . com