Apex FinTech: How the PostgreSQL landscape has evolved

The market for PostgreSQL DBMS offerings has heated up considerably in the last couple of years, especially as multiple solutions for optimization by leveraging cloud services have emerged. Recently I had the opportunity to talk to Apex Fintech, a provider of services for brokerage and wealth management about their use of Google Cloud AlloyDB. Most commercial workloads have critical requirements for high availability, and in the financial services space, security is also an imperative, especially across diverse workloads that span both transactional and real-time analytical needs.Apex Fintech’s customers also need to be able to migrate data from heterogeneous commercial DBMS sources, and it was important to be able to offer these services at competitive prices. AlloyDB, Google’s PostgreSQL offering, became generally available in 2022, and supports most of the SQL 2023 standard, so it was an excellent choice. Its ability to support deployment in the cloud, on-premises, or both was an attractive path for Apex Fintech and its customers, as was its ability to manage performance and operation across a fleet of deployed instances.My discussion with Antro Peter, Senior Director of Apex Fintech, was a great window into how and why AlloyDB has proved to be the right solution for their needs, and we were joined by Sandhya (Sandy) Ghai, Google Cloud Group Product Manager for AlloyDB, to talk about the present and future of the product as well. You can find a video of the conversation here https://lnkd.in/eFwqZ7rE. Hope you enjoy it.

Author: Merv Adrian