PaaS (Platform as a Service) is gaining more momentum, but many firms are still unsure about what it is and how it can benefit their business. This slideshare provides a better understanding of what PaaS is, the key drivers to move to PaaS and how to go about implementing a PaaS solution, particularly for financial services businesses..

1. 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 by
the future of application PaaS
in financial services

2. Platform as a Service (PaaS)
provides a virtual environment for
businesses to create and deploy their apps
with ease and speed.

3. How does it differ from
IaaS + SaaS ?
- Infrastructure as a Service - - Platform as a Service -- Software as a Service -
Host CreateBuy
IaaS SaaS PaaS

4. IaaS + SaaS have helped FS
businesses trust utilising
cloud resources and in doing so
they have opened the
door for PaaS

5. 2013 2018
So how big will it be?
$2.5 $7.0
22.6%
BILLION BILLION
ANNUAL
GROWTH
(Gartner)

6. PaaS is now being seen as a
growth driver by financial services
firms, rather than a medium for just
bringing down costs
(IDC)

7. However, many firms
continue to develop
bespoke applications
in-house and often
come up against
the following
OBSTACLES?

8. 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?

9. Key Drivers
to 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

10. 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

11. 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

12. 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
Risk
Monitoring
INVESTMENT
BANKING
Business Continuity
Management

13. There are various
deployment options available
Public
Hybrid Private

14. 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.

15. Find out more
at sentronex.com
is a provider
of leading PaaS solutions
for financial services firms

16. 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

17. Sources
1. bobsguide - More Financial Services Firms Turning Towards Private PaaS Solutions, 2014
2. Hybrid Cloud Forum - Financial Services Sector Dives into Cloud Computing, 2015
3. Gartner - Hype Cycle for Platform as a Service (Paas), 2014
4. Gartner - aPaaS Report Card: Choose Your Cloud Application Platform Wisely, 2014
5. 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, 2014
7. Cognizant - Cloud Adoption in Capital Markets: A Perspective, 2014