Building Audit-Ready Observability for Digital Banking
Blog post from Coralogix
Digital banking is under increasing regulatory scrutiny, demanding robust observability systems capable of providing audit-ready evidence to comply with frameworks like DORA, PCI-DSS, and GDPR. Traditional observability platforms, which often rely heavily on indexing and rehydration, can be inefficient and costly, especially when dealing with compliance data. Coralogix addresses these challenges by transforming observability into a system of record, allowing for real-time querying and storage of both operational signals and long-term compliance data without the need for rehydration. This approach enables banks to maintain comprehensive datasets, manage costs, and provide immediate access to historical data in the required format and integrity. Furthermore, Coralogix enhances service level objectives (SLOs) and service mapping, thereby improving reliability and understanding of complex banking architectures and their dependencies. As AI becomes more integrated into banking systems, Coralogix's AI Center offers real-time monitoring and compliance reporting, ensuring traceability and auditability of AI interactions. The platform also features Olly, an autonomous investigation tool that streamlines post-incident reviews by automatically generating structured incident narratives, shifting the focus from reactive reporting to continuous oversight. Overall, Coralogix promotes observability as a fundamental institutional control, supporting banks in navigating regulatory demands with minimal friction.