Tag Archives: Redgate

Redgate survey identifies key database monitoring challenges businesses should focus on in fast-growing Financial Services sector

A sector analysis of the results from a major database monitoring survey has revealed how and why the growth, complexity, and management of database estates in Financial Services is different to other industry sectors. The results clarify the areas businesses in the sector should consider when including their database estates in digital transformation initiatives.

The global monitoring survey of 2,500 IT professionals and C-level executives was undertaken by Redgate in 2021 to discover the scenarios and challenges organizations face when monitoring their database estates. The large number of responses also provided the opportunity to dig a little deeper and compare the similarities and differences across industry sectors.

Financial Services in particular emerged as an outlier in the newly published sector insights report in four major areas:

  • The size and complexity of database estates is different to other sectors, with a nuanced difference between smaller firms and those with very large database estates.
  • There is a far wider use of monitoring tools and the data gained from those tools is shared with more teams across the business.
  • There is a need to manage people and compliance much more closely, probably prompted by the move to remote working.
  • The sector is ahead of the curve in the requirement to monitor cloud and hybrid database environments.

The insights are even more pertinent, given the recent big increase in investment in the sector. KPMG’s January 2022 Pulse of Fintech report revealed global investment in the fintech market topping $210 billion in 2021, a 173 percent increase on investment activity over 2020. Notable, one of its four trends to watch out for in 2022 is an increasing focus on the modernization of core banking platforms to reduce the reliance legacy infrastructures and facilitate better customer experiences.

While the investment is there, and there is a willingness and an urge to upgrade IT systems and process, issues remain. As Deloitte’s 2022 Banking and Capital Markets Outlook report observes: “Even though digital transformation is going ahead at full speed, these efforts tend to be incremental, localized, and fragmented, resulting in a pervasive and pernicious ‘technology trap.’ This is preventing many banks from realizing the full potential of their investments.”

Hence the value of the Redgate insights report in giving businesses in the sector a deeper understanding of the issues and the challenges they face when monitoring their database estates. By providing a benchmark of results businesses can use to compare their own efforts against those of their peers, future investment in their database estates can be directed more wisely.

Businesses in the sector can gain a full picture by downloading The State of Database Monitoring in Financial Services insights report online.

Redgate launches free online library of PASS Data Community Summit 2021 sessions

Cambridge UK, Thursday, 16 June, 2022 – Ahead of this year’s hybrid PASS Data Community Summit in November 2022, Redgate has continued its commitment to the data community by releasing a free online library of 261 sessions from the 2021 Summit to help data professionals everywhere upskill their knowledge and careers.

Redgate acquired the assets of PASS when the global data community organization ended operations in January of 2021, and pledged to revive the long-standing annual PASS Summit and make the educational content widely available.

The PASS Data Community Summit in November 2021, hosted online because of pandemic restrictions, was a huge success with the largest program ever presented, and the biggest global gathering of data professionals. 321 speakers presented 433 sessions, which were viewed 70,783 times by the 18,292 people from around the world who registered.

The creativity in delivering an engaging event by finding innovative ways to bring the community together in a virtual setting was also recognized when Redgate was presented with the Innovation Award from Rainfocus, the online event platform. As importantly for a community-focused organization, the team worked hard to create an inclusive and diverse event with 44% of those delivering sessions being first-time speakers at the Summit, and 38% of sessions being delivered by speakers from previously underrepresented groups.

The library of sessions from the event is now available online for anyone to access and, if the popularity of the on-demand sessions matches the original event, query performance tuning will be the most searched for topic, along with areas like data security, Azure, database DevOps, and migrating to the cloud.

“This continues Redgate’s longstanding commitment to supporting the data community by extending and enabling access to shared knowledge and learning,” says Jakub Lamik, CEO of Redgate. “It’s something we strongly believe in because it enables data professionals to deal with the more complex but also more exciting challenges that the constantly changing world throws at them. The Summit library is a significant and important resource anyone can draw on for a whole range of learning opportunities.”

The upcoming 2022 PASS Data Community Summit in November will expand those opportunities further. This year has seen a record 863 proposed Summit sessions submitted by 516 speakers, many of whom are some of the most respected names in the global data community. After making positive strides in 2021, there is also a goal to make the Summit one of the most diverse, with at least 40% of the 2022 speakers coming from underrepresented groups.

The final selected sessions will be presented live from November 15-18 when thousands of data professionals will once again meet up in person, in Seattle WA, the traditional home of the Summit. They will be joined online by thousands more attendees from all over the globe, making the Summit the world’s leading worldwide event for data professionals once again.

Until then, anyone who needs to upgrade and enhance their skills can access, search and view the 261 sessions from the PASS Data Community Summit 2021 already available in the new online Summit library.

Redgate Software Adopts Policy-Driven Approach to Data Protection with New Data Catalog Release

Cambridge UK, Thursday, 26 May – In a move to help businesses simplify their data management practices by automating policy decisions, the latest release of Redgate Software’s SQL Data Catalog now provides a simple, policy-driven approach to data protection. As well as automatically scanning columns within databases and using intelligent rules to make recommendations about how they should be classified, it auto-generates static data masking sets from the classification metadata that can be used to protect the databases.

This is a timely move because many organizations, like those in the Financial Services and Healthcare sectors, are now obliged by law to ensure that all sensitive or personal data is identified and removed or protected before databases are made available for use in development, testing, analysis, training or other activities.

This is not a one-off exercise, but an ongoing effort that requires a continuous approach to data protection, typically involving three steps. First, organizations need a data protection plan to identify and classify which databases hold data that needs protecting and how. They then need to implement the plan in a way that guarantees sensitive and personal data is always removed or obfuscated by a method like masking database copies that are used outside secure production environments. And thirdly, the plan has to be maintained on a rolling basis as databases and their data expand and change.

As Bloor states in its Sensitive Data Management Spotlight paper: “This must all be done continuously. When new data enters your system, you should be automatically determining if it is sensitive, anonymising it if it is, and applying access rules as appropriate. This is most easily done via (automated) policy management, thus allowing you to manage incoming sensitive data indefinitely and thereby make sure that your organisation doesn’t relapse into noncompliance.”

This is a big challenge for many organizations, reflected in the scale of the research, resources, planning and time it requires. It’s a hard process to get right first time and impossible, without automation, to get it right every time data is created or refreshed in a non-production system.

SQL Data Catalog v2 marks a step change in this process by significantly reducing the time it takes to go from identification and classification to protection, and making maintenance far simpler. When connected to a SQL Server instance, it automatically examines both the schema and data of each database to determine where personal or sensitive data is stored.

An extensive set of built-in classification rules, which can be customized to align to particular regulatory requirements, then speed up data classification with automatic suggestions and intelligent rules based on automated data scanning. This identifies which columns need to be masked, either manually, or by using a tool like Redgate Data Masker which can sanitize the data using the auto-generated data masking sets provided.

Importantly, as databases are added, and existing databases modified, the data classifications are automatically maintained in SQL Data Catalog, and the data masking sets it creates can be updated on demand.

This policy-driven approach enables organizations to ease and streamline their data management processes by automating and maintaining their security posture. This protects their sensitive data, puts in place an auditable workflow, and ensures they stay compliant with regulatory agencies.