Why PostgreSQL is becoming the standard in Financial Services
summary
PostgreSQL wins in Financial Services by cutting licensing cost and proving it handles mission‑critical, low‑latency OLTP: example credit‑card flows store transactions in Aurora Postgres on RDS, back up raw files to S3 bronze/silver/gold with Glue and Lambda, and feed analytics to Redshift/Athena and QuickSight/Tableau. Cited numbers: 96 zettabytes in 2022 and a $27B FSI cloud opportunity by 2025. Enterprise features used include logical replication, foreign data wrappers, PG Audit and PostGIS, plus immutable backups and cross‑region HA.
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chapters (11)
- 0:00Start
- 3:51Financial Services Industry Verticals
- 14:44Example Use Case: Credit card transaction data
- 16:28FSI Data Lake reference architecture
- 20:17Macro trends in industry fueling cloud adoption
- 24:45Open source is more important than ever
- 27:45Postgres is the leader in the database space
- 29:28Open Source and Postgres in FSI
- 34:37Running mission critical systems on OSS
- 37:27Database modernization playbooks
- 41:47Wrap up
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