How Monzo Bank Built a Cost-Effective, Unorthodox Backup System to Ensure Resilient Banking
Monzo Bank recently revealed Monzo Stand-in, an independent backup system on GCP that ensures essential banking services remain operational during application and AWS infrastructure outages. Unlike traditional replicated backups, it’s a minimal stand-alone system that exclusively supports key operations and features a cost-effective design, resulting in 1% of the operational costs of the primary deployment.