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Despite all the hype from the big cloud providers the truth is that most organisations rely on hybrid infrastructures now and will do so for the foreseeable future. Typically, this includes on-premises infrastructure and at least two public cloud providers. This is not a step on a journey to being 100 per cent cloud, it is the strategic destination many have chosen.

Cloud services have skyrocketed in popularity in the past few years, providing a vast array of resources as well as a cost-effective path for the migration from on-premises servers to the cloud. In fact, cloud services are handling all the computing needs of many businesses. It’s very likely you’re already using cloud services and will continue to use more as time goes on.

This is part one of a two part blog series on open source based private cloud for financial services. This blog describes the need for a cost-effective private cloud to execute a successful hybrid cloud strategy. It also shares a comparison between proprietary and open source based private cloud platforms.

Cloud computing can bring many benefits to financial services companies such as increased speed and agility, easier innovation and scalability. It is no wonder then that cloud adoption is set to continue increasing with 54% of financial services companies expected to have more than half of their entire IT footprint in public clouds in the next five years. However, despite the benefits that this can bring for financial services, it also brings a new set of challenges for financial market stability.

This is the second post in a 2 part blog series on debugging, monitoring and tracing NodeJS Lambda applications. If you haven’t yet seen part 1, check it out here (it’s a great read!) Now let’s get back into our post with one of the most commonly experienced issues when it comes to Lambda functions, Cold Starts.