Introduction

Infrastructure monitoring is necessary for finance companies. Whether running a small fintech startup or managing systems for a global bank, having secure, reliable tools to monitor and manage your infrastructure and applications is fundamental for the success and security of your business. This article covers some common monitoring use cases for financial companies and how you can get the metrics you need with an agent.

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Monitoring Matters in the Finance World- Here's Why:

No matter their size, finance companies face unique challenges that require a complete monitoring system. Implementing monitoring solutions is crucial to maintaining operational excellence and compliance.

Common Monitoring Use Cases For Finance Companies

Every company's metrics will look different, but some use cases will be similar for companies in the financial space. A few unique use cases are:

Fintech and financial companies must comply with regulations and laws to protect their users and organizations. Monitoring your applications and infrastructure allows you to:

• Track data patterns for alignment with regulations such as PCI-DSS

• Create detailed audits for all financial transactions

• Demonstrate due diligence in protecting sensitive financial data

It's no secret that financial institutions are primary targets for cyber attacks. Cyber attacks and hacking are the main reason security monitoring is a priority. With a monitoring solution in place, you get:

• Real-time network activity detection

• Insight into login attempts and failure rates

• IP address tracking for devices that have access to your systems

• Early warning systems for security threats

In financial services, user experience can make or break your business. Effective monitoring helps you improve user experiences by:

• Tracking user behavior across all digital touchpoints

• Measure and optimize application load times

• Monitor transaction success rates in real-time

• Quickly identify and resolve payment processing issues

• Ensure smooth money transfer operations

Getting Started with MetricFire

Implementing an all in one monitoring solution is simple. Our platform provides the tools to get detailed dashboards for all your metrics, receive real-time alerts, and more.

To get started, sign up for a free cardless trial. Then, try using an agent like Telegraf to send your metrics easily to one place.

To use Telegraf, you need to run an MQTT broker. Then, connect MQTT to Telegraf to collect and send metrics/events from databases, systems, processes, devices, and applications. After you have installed Telegraf, you then must configure an output. You can configure Telegraf to output to various sources, such as Graphite, Kafka, InfluxDB, SQL, NoSQL, and more. 

Last, you'll need to configure Telegraf's MQTT consumer plugin. All you need to do is search for the inputs.mqtt_consumer section in your telegraf.conf file, uncomment the [[inputs.mqtt_consumer]] line, and uncomment the server line (default is localhost at port 1883). Check out the official GitHub repository for additional configuration options for the mqtt_consumer plugin. 

Conclusion

Infrastructure monitoring is about more than maintaining uptime. Proper monitoring ensures security, compliance, and more for your systems. When you choose MetricFire, you can rest easy knowing that your data is secure and ready for anything.

Ready to improve your infrastructure monitoring? Contact our team today to learn how MetricFire can help you implement these essential monitoring practices in your business.