ATOM BANK
106 of capability by virtue of not being hamstrung by the number of environments . The cost model is different because effectively you can spin up an environment and once you ’ ve used it , you can kill it ( treating environments as cattle , versus pets ).”
The Atom banking machine is what Bhattacharya calls the new cloudbased infrastructure and associated software components . “ The majority of the estate is being moved onto Google Cloud Platform . We ’ ll still have a number of third parties who offer us a managed service that we ’ ll be plugging into , but everything that we manage and change ourselves will be hosted on the cloud . We ’ re effectively building a state-of-the-art bank hosted on Google Cloud .”
The company is also leveraging emerging technologies for such things as enterprise decision-making , including pricing and financial forecasting . “ We ’ ve built an in-house machine learning model to inject some insights into that . From an operations perspective , we use
AUGUST 2020