Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Technology
    3. >DevOps – IS A SUCCESSFUL RECIPE DEPENDENT ON VERSION MANAGEMENT AS AN INGREDIENT?
    Technology

    DevOps – Is a Successful Recipe Dependent on Version Management as an Ingredient?

    Published by Gbaf News

    Posted on December 3, 2013

    11 min read

    Last updated: January 22, 2026

    Add as preferred source on Google
    An image capturing the UK Parliament's debate on proposed changes to the assisted dying law, reflecting ongoing discussions about terminally ill patients' rights. This legislative shift aims to enhance the process of assisted dying in the UK.
    Illustration of UK Parliament discussing assisted dying law changes - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    By Mark Warren, Perforce Software

    Most people who work in and around business technology will probably have heard about DevOps by now.  Basically, it is all about bridging the divide between the software development teams (the guys who build the technology that supports financial services) and the operations teams (the IT guys who then have to make sure that tech supports those products in the real world, every day).  Traditionally, both entities have been very separate and that can hinder the performance or time-to-market of any technology-centric project, hence the rise of the DevOps movement, the basic tenet of which is to ensure smooth collaboration between both parties.

    Problems that DevOps can help with include:

    • Better release management of the software supporting a financial product(visibility of risks, dependencies, release stage gates and compliance)
    • Deployment co-ordination – better management of ‘events’ around this (clear processes, documented tracking and reporting)
    • Deployment automation – there is a trade-off between the benefits of automation and perceived loss of control, so the DevOps movement aims to increase performance and productivity, while the risk that comes with frequent changes to the product being developed is managed and also ensuring better return-on-investment (so, asking quite a lot really).
    Mark Warren

    Mark Warren

    DevOps is a great idea and one that is definitely gaining traction, especially since it is a good fit with the Agile methodology, also being increasingly deployed by all kinds of organisations. In the financial services market in particular, it can face a very practical hurdle, namely that while teams are often small, the people are often in different locations, even countries and timezones, not to mention multiple platforms and tools.  Take for example Perforce user NYSE Euronext’s dynamic platform for trading trillions of dollars is run by a six-person team on 14,000 servers and incorporates applications and processes from multiple companies.

    Version management for DevOps
    This is why an increasing number of organisations are now using version management as one way to make DevOps achievable.   Version management is long established in the software development world and also referred to as source code control or software configuration management.  In the DevOps world, it can become a mechanism for enabling a collaborative environment as all contributors can trust in a “single source of truth.” A good version management environment helps to balance control and flexibility, and should be platform and tool-independent, so it doesn’t matter if teams are using different systems and tools.

    Under the DevOps approach, both teams remain engaged and accountable until code is reliably deployed on a production server and released to customers. We’re talking about a very agile and collaborative environment, one with potentially a lot of room for mistakes to be made, especially under time pressures. The development and operations teams need support to ensure this does not fall apart. For instance, the operations team need to know what versions and operating environments are currently in use.

    The answer is to create an effective way to mutually share information, something that the current generation of version management tools are designed to achieve.  As well as source code, they can store just about everything associated with that particular software build and the developers just need to point the operations team towards a repository containing all that information, easy to download and accountability for different tasks obvious.

    Every action and status can be tracked back: goodbye to just throwing stuff over the wall and hoping for the best.  In other words, who did what and when and where?  Armed with that information, it becomes a lot easier to analyse anything that has gone wrong and then agree a way forward.

    Speed is another issue: the volumes of data created in a software project is massive (and becoming more complex, for instance the amount of smartphone platforms or languages that an app has to support), against which financial services companies have to balance the need to get products into the marketplace more quickly in order to stay a step ahead of the competition and keep customers happy.  The traditional problem has been that when projects are rushed out, the risks around system errors and breakdowns increases.  Again, the right version management can help to ensure that all the correct checks and balances are in place (together of course with automation tools).

    When I say the ‘right’ version management system, I could of course be accused of bias towards my own company’s solution, but there are some fundamental considerations that are the same, regardless of the vendor involved.  If I was a customer in the financial services sector, here are a few things I’d look out for when seeing whether my current version management system is able to support DevOps, or if I was out shopping for a new one:

    • Track record – is there an established base of existing users in this market sector?  Does the vendor understand the particular requirements of this market?
    • Scale and distributed environments – if teams are spread across the world and if numbers of users are likely to increase, will the system be able to match that?  What about extensibility through APIS and integrations with my existing tools and workflows?
    • Support and product road map – I’d definitely look at the bigger picture.  I’d check that this is a company that’s likely to be around for a long time and whether it has a clear future road map and planned investment in product evolution.  Then I’d look at what kind of support is on offer.  I’d also ask for some reference sites to speak to and I’d see what the user community is saying online.

    Version management is not the only piece in the jigsaw towards making DevOps work: a change in cultural attitude is equally important.  However, what it can do is create an environment between the development and operations teams that is a lot more collaborative and accountable, which after all, is at the heart of the DevOps idea.

    About the Author:
    Mark Warren is European Marketing Director for Perforce Software, used by thousands of organisations worldwide includingSalesforce.com, SAP, Deutsche Bank, HSBC and the New York Stock Exchange to manage their most valuable IP. Perforce products help teams work in concert on important digital assets including software code, documents, multimedia, spreadsheets, images and more. The company is headquartered in Alameda, California, with international operations in the United Kingdom, Canada and Australia. For more information, visit www.perforce.com

    By Mark Warren, Perforce Software

    Most people who work in and around business technology will probably have heard about DevOps by now.  Basically, it is all about bridging the divide between the software development teams (the guys who build the technology that supports financial services) and the operations teams (the IT guys who then have to make sure that tech supports those products in the real world, every day).  Traditionally, both entities have been very separate and that can hinder the performance or time-to-market of any technology-centric project, hence the rise of the DevOps movement, the basic tenet of which is to ensure smooth collaboration between both parties.

    Problems that DevOps can help with include:

    • Better release management of the software supporting a financial product(visibility of risks, dependencies, release stage gates and compliance)
    • Deployment co-ordination – better management of ‘events’ around this (clear processes, documented tracking and reporting)
    • Deployment automation – there is a trade-off between the benefits of automation and perceived loss of control, so the DevOps movement aims to increase performance and productivity, while the risk that comes with frequent changes to the product being developed is managed and also ensuring better return-on-investment (so, asking quite a lot really).
    Mark Warren

    Mark Warren

    DevOps is a great idea and one that is definitely gaining traction, especially since it is a good fit with the Agile methodology, also being increasingly deployed by all kinds of organisations. In the financial services market in particular, it can face a very practical hurdle, namely that while teams are often small, the people are often in different locations, even countries and timezones, not to mention multiple platforms and tools.  Take for example Perforce user NYSE Euronext’s dynamic platform for trading trillions of dollars is run by a six-person team on 14,000 servers and incorporates applications and processes from multiple companies.

    Version management for DevOps
    This is why an increasing number of organisations are now using version management as one way to make DevOps achievable.   Version management is long established in the software development world and also referred to as source code control or software configuration management.  In the DevOps world, it can become a mechanism for enabling a collaborative environment as all contributors can trust in a “single source of truth.” A good version management environment helps to balance control and flexibility, and should be platform and tool-independent, so it doesn’t matter if teams are using different systems and tools.

    Under the DevOps approach, both teams remain engaged and accountable until code is reliably deployed on a production server and released to customers. We’re talking about a very agile and collaborative environment, one with potentially a lot of room for mistakes to be made, especially under time pressures. The development and operations teams need support to ensure this does not fall apart. For instance, the operations team need to know what versions and operating environments are currently in use.

    The answer is to create an effective way to mutually share information, something that the current generation of version management tools are designed to achieve.  As well as source code, they can store just about everything associated with that particular software build and the developers just need to point the operations team towards a repository containing all that information, easy to download and accountability for different tasks obvious.

    Every action and status can be tracked back: goodbye to just throwing stuff over the wall and hoping for the best.  In other words, who did what and when and where?  Armed with that information, it becomes a lot easier to analyse anything that has gone wrong and then agree a way forward.

    Speed is another issue: the volumes of data created in a software project is massive (and becoming more complex, for instance the amount of smartphone platforms or languages that an app has to support), against which financial services companies have to balance the need to get products into the marketplace more quickly in order to stay a step ahead of the competition and keep customers happy.  The traditional problem has been that when projects are rushed out, the risks around system errors and breakdowns increases.  Again, the right version management can help to ensure that all the correct checks and balances are in place (together of course with automation tools).

    When I say the ‘right’ version management system, I could of course be accused of bias towards my own company’s solution, but there are some fundamental considerations that are the same, regardless of the vendor involved.  If I was a customer in the financial services sector, here are a few things I’d look out for when seeing whether my current version management system is able to support DevOps, or if I was out shopping for a new one:

    • Track record – is there an established base of existing users in this market sector?  Does the vendor understand the particular requirements of this market?
    • Scale and distributed environments – if teams are spread across the world and if numbers of users are likely to increase, will the system be able to match that?  What about extensibility through APIS and integrations with my existing tools and workflows?
    • Support and product road map – I’d definitely look at the bigger picture.  I’d check that this is a company that’s likely to be around for a long time and whether it has a clear future road map and planned investment in product evolution.  Then I’d look at what kind of support is on offer.  I’d also ask for some reference sites to speak to and I’d see what the user community is saying online.

    Version management is not the only piece in the jigsaw towards making DevOps work: a change in cultural attitude is equally important.  However, what it can do is create an environment between the development and operations teams that is a lot more collaborative and accountable, which after all, is at the heart of the DevOps idea.

    About the Author:
    Mark Warren is European Marketing Director for Perforce Software, used by thousands of organisations worldwide includingSalesforce.com, SAP, Deutsche Bank, HSBC and the New York Stock Exchange to manage their most valuable IP. Perforce products help teams work in concert on important digital assets including software code, documents, multimedia, spreadsheets, images and more. The company is headquartered in Alameda, California, with international operations in the United Kingdom, Canada and Australia. For more information, visit www.perforce.com

    More from Technology

    Explore more articles in the Technology category

    Image for Nominations Open for Technology Awards 2026
    Nominations Open for Technology Awards 2026
    Image for Nominations Open for Innovation Awards 2026
    Nominations Open for Innovation Awards 2026
    Image for Archie earns industry recognition across G2, Capterra, and SoftwareReviews
    Archie Earns Industry Recognition Across G2, Capterra, and SoftwareReviews
    Image for The Bankaool Transformation: How a Regional Mexican Bank Became a Fintech Disruptor
    The Bankaool Transformation: How a Regional Mexican Bank Became a FinTech Disruptor
    Image for Submit Your Entry Today for Digital Banking Awards 2026
    Submit Your Entry Today for Digital Banking Awards 2026
    Image for Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Image for Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Image for Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Image for Entrepreneurial Discipline in the AI Economy: Insights from Dmytro Lavryniuk
    Entrepreneurial Discipline in the AI Economy: Insights From Dmytro Lavryniuk
    Image for Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Image for Call for Entries: Best Digital Wallet 2026
    Call for Entries: Best Digital Wallet 2026
    Image for Nominations Open for Brand of the Year Technology 2026
    Nominations Open for Brand of the Year Technology 2026
    View All Technology Posts
    Previous Technology PostBromium and Forescout Team to Automate Threat Response
    Next Technology PostManaging Apps in the Enterprise