Nationwide rolls out cloud-native Speed Layer tech

Nationwide has implemented a cloud-native Speed Layer to provide accurate, real-time data.

The building society is using the technology to provide a foundation for the development of future products and services.

The Speed Layer has been developed in the cloud by Nationwide’s engineers, in partnership with Publicis Sapient.

It has processed more than a third of a billion transactions since its launch, with tens of thousands more being added each day.

The system validates the ongoing accuracy of data, reconciling over 100,000 data items per second. It also makes data available to Nationwide’s banking app users faster than existing systems, with improvements already seen in speed of mobile login.

The Speed Layer has been developed over the course of the last 18 months to scale with increasing demand for Nationwide’s digital services.

David Burke, chief technology officer at Nationwide Building Society, said: “We are always looking for ways to provide a faster, more convenient and more secure experience for our members - the implementation of our cutting edge Speed Layer does just that.

“By harnessing the power of cloud native technologies, we have built a new foundation for our digital services."

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