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JPMorgan Chase Engineering

To enable economic growth through financial services excellence by building secure, scalable platforms that define the future of banking

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To enable economic growth through financial services excellence by building secure, scalable platforms that define the future of banking

Strengths

  • INFRASTRUCTURE: Massive cloud migration (50% complete)
  • TALENT: 50,000+ technologists with deep financial expertise
  • RESOURCES: $12B annual technology investment budget
  • SECURITY: Industry-leading cybersecurity capabilities
  • SCALE: Global technology footprint across 60+ countries

Weaknesses

  • LEGACY: Technical debt from aging mainframe systems
  • COMPLEXITY: Siloed technology across business units
  • AGILITY: Slow software release cycles (avg 3-4 weeks)
  • TALENT: Challenges recruiting top engineering talent
  • INTEGRATION: Post-acquisition technology integrations

Opportunities

  • CLOUD: Full transition to hybrid cloud architecture
  • DATA: Unified data platform across all business lines
  • API: Open banking ecosystem and API marketplace growth
  • AUTOMATION: Expand DevOps and CI/CD implementation
  • BLOCKCHAIN: Expand enterprise blockchain solutions

Threats

  • COMPETITION: Fintech disruptors capturing market share
  • REGULATION: Expanding global tech regulatory requirements
  • SECURITY: Sophisticated cyber threats increasing 40% YoY
  • TALENT: War for tech talent with higher comp expectations
  • INNOVATION: Rapid pace of technology change in financial svcs

Key Priorities

  • MODERNIZATION: Accelerate legacy system replacement
  • AUTOMATION: Implement end-to-end DevOps and CI/CD
  • TALENT: Revamp engineering culture and recruitment
  • SECURITY: Enhance threat intelligence capabilities
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To enable economic growth through financial services excellence by building secure, scalable platforms that define the future of banking

MODERNIZE

Transform legacy systems into cloud-native platforms

  • MIGRATION: Decommission 35% of mainframe workloads by moving to cloud-native platform by Q4
  • ARCHITECTURE: Complete service mesh implementation across all business units by Q3
  • PERFORMANCE: Reduce average transaction latency by 40% across digital banking platforms
  • RELIABILITY: Achieve 99.99% uptime for all tier-1 financial services applications
AUTOMATE

Achieve world-class DevOps and deployment velocity

  • PIPELINE: Implement CI/CD pipelines for 90% of application teams with 99% test automation
  • DEPLOYMENT: Reduce mean time to production from 21 days to 3 days for all code changes
  • EFFICIENCY: Automate 75% of infrastructure provisioning and configuration tasks
  • QUALITY: Reduce production defects by 60% through automated testing and quality gates
TALENT REVOLUTION

Build world's best financial tech engineering culture

  • HIRING: Recruit 5,000 top engineers with 50% increase in diversity metrics
  • RETENTION: Reduce engineering attrition from 18% to 10% through culture initiatives
  • DEVELOPMENT: 100% of engineers complete AI certification program by end of Q3
  • ENGAGEMENT: Improve engineering satisfaction scores from 72% to 85% on quarterly survey
SECURE

Create unbreachable financial technology fortress

  • DEFENSE: Implement zero-trust architecture across 100% of applications and infrastructure
  • DETECTION: Enhance threat intelligence with AI, reducing threat detection time by 75%
  • RESPONSE: Decrease security incident response time from 4 hours to 15 minutes
  • COMPLIANCE: Achieve 100% compliance with global financial security regulations
METRICS
  • SYSTEM RELIABILITY: 99.99% uptime (current), 99.999% target
  • DEPLOYMENT FREQUENCY: 15 deployments per team per month
  • ENGINEERING PRODUCTIVITY: 25% increase in feature delivery velocity
VALUES
  • Client Service Excellence
  • Operational Excellence
  • Integrity
  • Innovation
  • Security First
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Align the learnings

JPMorgan Chase Engineering Retrospective

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To enable economic growth through financial services excellence by building secure, scalable platforms that define the future of banking

What Went Well

  • GROWTH: Technology enabled 15% YoY digital banking user growth
  • EFFICIENCY: Cloud migration reduced infrastructure costs by 22%
  • INNOVATION: Launched new API platform with 350+ endpoints available
  • SECURITY: Zero major security incidents for eight consecutive quarters
  • RELIABILITY: Achieved 99.98% platform uptime across critical systems

Not So Well

  • PERFORMANCE: Three major outages affected mobile banking platform
  • DELIVERY: Key platform upgrades fell behind schedule by 90+ days
  • COST: Technology expenses exceeded budget by 8% ($950M overspend)
  • INTEGRATION: Post-merger tech integration challenges caused delays
  • TALENT: Engineering team attrition rate increased to 18% (4% above target)

Learnings

  • RESILIENCE: Need improved failover capabilities for critical systems
  • VISIBILITY: Implement better project forecasting and risk assessment
  • ARCHITECTURE: Microservice transition creating unexpected complexity
  • CULTURE: Remote work transition affected collaboration effectiveness
  • QUALITY: Test automation coverage must increase from 65% to 90%+

Action Items

  • RESILIENCE: Implement multi-region active-active architecture by Q3
  • AUTOMATION: Increase CI/CD adoption from 60% to 90% of teams by EOY
  • TALENT: Launch enhanced engineering career paths and compensation
  • PRODUCTIVITY: Deploy AI coding assistants to all 50,000 technologists
  • ARCHITECTURE: Complete microservices transformation for core systems
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To enable economic growth through financial services excellence by building secure, scalable platforms that define the future of banking

Strengths

  • INVESTMENT: $1.5B committed to AI initiatives
  • TALENT: 1,000+ ML engineers and data scientists
  • DATA: Massive proprietary financial data for training
  • COMPUTE: Advanced GPU infrastructure investments
  • FOUNDATION: Existing ML models in production

Weaknesses

  • INTEGRATION: Fragmented AI solutions across divisions
  • ADOPTION: Varied AI maturity across engineering teams
  • GOVERNANCE: Inconsistent AI ethics and risk frameworks
  • DATA: Quality issues in legacy data systems
  • TALENT: Limited specialized Gen AI engineering expertise

Opportunities

  • AUTOMATION: AI-powered software development acceleration
  • PRODUCTIVITY: Engineer productivity boost with AI assistants
  • SECURITY: AI-enhanced threat detection and response
  • PLATFORM: Unified AI/ML platform for engineers
  • EFFICIENCY: AI-driven infrastructure optimization

Threats

  • COMPETITION: Tech giants offering superior AI tools
  • REGULATION: Evolving AI compliance requirements
  • SECURITY: Novel AI-based attack vectors emerging
  • TALENT: Losing AI engineering talent to tech firms
  • ETHICS: Reputational risks from AI biases

Key Priorities

  • PLATFORM: Build unified AI platform for engineering
  • AUTOMATION: Deploy AI coding assistants to all engineers
  • GOVERNANCE: Strengthen AI ethics and risk framework
  • TALENT: Upskill entire engineering org on AI capabilities