Enhancing Reliability and Performance of a Tier 1 UK Bank with SRE practices

Introduction

In the fast-paced world of financial services, the reliability and efficiency of platforms that detect and prevent financial crime are paramount. bigspark was engaged by a Tier 1 Bank to improve the performance and stability of their Financial Crime Platform through the implementation of Site Reliability Engineering (SRE) practices.

Objective

The primary objectives of this initiative were to:

  • Conduct comprehensive assessments of employee capabilities
  • Perform a detailed analysis of monitoring and alerting gaps
  • Implement targeted automation and service improvement activities

Approach

Comprehensive Employee Assessments

We began by evaluating the skills and capabilities of the team responsible for the Financial Crime Platform.

This involved:

  • Developing an assessment framework tailored to the organisation’s specific needs
  • Conducting individual assessments to identify strengths and areas for improvement
  • Preparing a detailed report outlining skill gaps and recommending targeted training programs
Monitoring and Alerting Gap Analysis

Next, we performed an exhaustive analysis of the existing monitoring and alerting systems to identify deficiencies and opportunities for enhancement.

This process included:

  • Reviewing current monitoring tools and practices
  • Identifying critical metrics that were not being tracked effectively
  • Providing recommendations to close the gaps and improve the visibility of system health
Targeted Automation and Service Improvement Activities

To further enhance the platform’s reliability and efficiency, we focused on automating repetitive tasks and optimising existing services.

Our efforts included:

  • Automating manual processes to reduce operational toil
  • Implementing continuous integration and continuous delivery (CI/CD) pipelines to streamline software updates
  • Enhancing the overall performance and scalability of the platform

Results

The implementation of SRE processes yielded significant improvements in the Financial Crime Platform:

  • Increased Reliability: Enhanced monitoring and alerting capabilities resulted in faster detection and resolution of issues, minimising downtime
  • Improved Efficiency: Automation of repetitive tasks freed up valuable time for the engineering team to focus on higher-value activities
  • Enhanced Performance: Optimised processes and improved scalability ensured the platform could handle increased loads without performance degradation

Conclusion

Our comprehensive approach to implementing Site Reliability Engineering practices transformed the Financial Crime Platform’s reliability, efficiency, and performance. The combination of thorough employee assessments, detailed gap analysis, and targeted automation activities created a robust foundation for sustained operational excellence. 

This case study underscores the critical value of SRE in enhancing the capabilities of mission-critical financial systems.

For more information on how our SRE services can benefit your organisation, contact us today at enquires@bigspark.dev.