Tolerating full cloud outages with Monzo Stand-in
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Re: Tolerating full cloud outages with Monzo Stand-in
#2This seems especially relevant given the massive outage that Barclays, another major UK bank just suffered. Barclays was down for around two days with customers unable to spend money at all.
I suppose had they implemented a similar system, they would have degraded into a minimum viable banking system rather than the total outage that impacted so many brits.
Re: Tolerating full cloud outages with Monzo Stand-in
#3This seems especially relevant given the massive outage that Barclays, another major UK bank just suffered. Barclays was down for around two days with customers unable to spend money at all. I suppose had they implemented a similar system, they would have degraded into a minimum viable banking system rather than the total outage that impacted so many brits.
On the last day that tax payments were due
Re: Tolerating full cloud outages with Monzo Stand-in
#4What I wonder is “have they isolated third party dependencies?” If AWS is hard down, those may well be impacted—in some cases, by their own third party dependencies. You can test turning off your AWS environment, but you can’t really test turning off S3 for everyone…
Re: Tolerating full cloud outages with Monzo Stand-in
#5A decent setup which allows you to prove you are not dependent on 1 cloud provider will probably pay for itself when it's time to negotiate discounts.
Re: Tolerating full cloud outages with Monzo Stand-in
#6Unrelated tangent: I was reading the article and suddenly realised that I could not identify the font. After a quick search:
> Our functional typeface is Monzo Sans, a custom cut of Universal Sans, meaning it’s unique to Monzo. We chose it for maximum readability, with generous dots and curled ends.
Intersting choice, but I dig it :)
Re: Tolerating full cloud outages with Monzo Stand-in
#7A decent setup which allows you to prove you are not dependent on 1 cloud provider will probably pay for itself when it's time to negotiate discounts.
I doubt the sales folks you'll be talking to will care about your multi cloud deployment, as they don't have the skills to verify something like that.
Re: Tolerating full cloud outages with Monzo Stand-in
#8These blog posts are why I continue to support Monzo. Their openness is really appreciated.
Re: Tolerating full cloud outages with Monzo Stand-in
#9What I wonder is “have they isolated third party dependencies?” If AWS is hard down, those may well be impacted—in some cases, by their own third party dependencies. You can test turning off your AWS environment, but you can’t really test turning off S3 for everyone…
From what I understand of payment systems this is so that payments through card machines, contactless payments for public transport, cash withdrawals from ATMs, etc. all continue to work. A lot of those systems are surprisingly insulated from AWS simply by virtue of being extremely archaic
Re: Tolerating full cloud outages with Monzo Stand-in
#10Completely unrelated to this blog post but I really dislike Fintech saying "Get paid early" in their promos.
It's clearly marketing at someone too stupid to be able to see right through how utterly useless that is. If you are celebrating getting your paycheck 1 day earlier (every time) then your financial literally and financial health are probably in the toilet. They _must_ know they are preying on people with statements like that.
Then again, 90% of Fintech seems to be just a heavy layer of lipstick over an archaic system. Often with very little care of if any of the tools actually help people and more of a focus on how flashy or how much people think they are being helped.