Abstract: The finance market closely depends on translation and high-quality software solutions when performing crucial transactions and processing important information and customer services. Thus, systems’ reliability and good performance become crucial when these systems become complicated. This paper aims to focus on the implementation of the observability concept with the DevOps approach in financial services technologies, where its strengths, weaknesses, opportunities, and threats are also discussed with regard to the future. The concept of observability is intertwined with DevOps since, with its help, it is possible to gain deep insights into the system’s inner state and further enhance status monitoring, detect problems in less time, and optimize performance constantly. When organized and analyzed properly, observability data can, therefore, play a critical role in increasing software quality in financial institutions, aligning with regulatory standards, and decreasing development and operations teams’ silos. However, the implementation of observability within an organization using DevOps best practices in the financial services industry has some challenges, which include The issue of security, especially when it comes to data, the Challenge of data overload, the challenging task of encouraging the right organizational culture for continuous and consistent observability. The article presents a guide that discusses how to incorporate observability with DevOps: the step-by-step process of defining observability needs, choosing the most suitable tools, integrating with other tools in the existing DevOps frameworks, laboratory of alarms, and constant enhancement. Furthermore, it considers examples of how some financial organizations have applied observability to reduce risks, improve efficacy, and enrich customers’ interactions. In addition, the article also deliberates on the future perspectives of observability, for instance, artificial intelligence and machine learning are quickly emerging as means through which different tasks of observability can be automated, and there are increasing concerns with security when it comes to the implementation of observability in the financial services industry. By adopting observability and aligning it with DevOps, financial institutions can develop and sustain sound, reliable and high-quality infrastructure and maintain the industry’s leadership.

Ankur Mahida. “Integrating Observability with DevOps Practices in Financial Services Technologies: A Study on Enhancing Software Development and Operational Resilience”. International Journal of Advanced Computer Science and Applications (IJACSA) 15.7 (2024). http://dx.doi.org/10.14569/IJACSA.2024.0150701

@article{Mahida2024,
title = {Integrating Observability with DevOps Practices in Financial Services Technologies: A Study on Enhancing Software Development and Operational Resilience},
journal = {International Journal of Advanced Computer Science and Applications},
doi = {10.14569/IJACSA.2024.0150701},
url = {http://dx.doi.org/10.14569/IJACSA.2024.0150701},
year = {2024},
publisher = {The Science and Information Organization},
volume = {15},
number = {7},
author = {Ankur Mahida}
}