Macquarie Bank: Next Generation Cloud & Data

In this discussion, Jason O’Connell, CTO of Banking and Financial Services at Macquarie Group, details Macquarie’s cloud migration journey, their multi-cloud approach, and their cloud 2.0 strategy. Jason explains how Macquarie, as a digital-only bank, is now 96% public cloud and multi-cloud. The benefits of this shift include the ability to innovate more efficiently and align closely with business strategies. Their adoption of Kubernetes and microservices enables a smoother transition to cloud-based solutions. They do face challenges like the initial difficulty in deploying Prometheus and the necessity of self-service infrastructure for application teams.

Jason also discusses their move towards a no-ops model, which reduces the operational burden by leveraging cloud-native services that require minimal maintenance. He emphasises the importance of using the best services from multiple clouds rather than trying to be cloud-agnostic. This strategy allows them to invest resources in enhancing developer experiences, integrating various tools and platforms to…