Micro is the new mega - Transformation of monolith to microservices architecture
In the financial services industry, even though there may hardly be any change in the core system functionality, customer interfaces churn faster and faster, like a whirlpool. Even newer technologies and platforms usher in the need for modernization.
The core functionality in this industry, as we all know, is notoriously encapsulated in decades-old but highly stable monolith systems. However, the imperatives listed above accentuate the need to make these core capabilities available in a form that allows us to compose modern applications.
Breaking these Monoliths into Microservices Architecture (MSA) based modern applications seems to be the only way out. There is hardly any conversation that happens without bringing MSA into the modernization strategy. But is MSA the panacea, and, if so, how do we go about modernizing a monolith?
Read this whitepaper to know more!