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Our 2025 State of Development Environments research revealed that fewer than 15% of financial services institutions rate highly in governance, developer experience, and speed. Balancing security with a positive developer experience remains a persistent challenge.
Financial institutions must protect sensitive data and comply with regulations like GDPR and DORA, while also empowering developers to innovate safely. Securing development environments is critical, but so is retaining top talent—a lesson Coder’s VP of Enterprise Architecture, Eric Ledyard, knows well. Reflecting on his time as SVP at a major bank, he shared: “When I joined, we had over 40% attrition among new developers before they wrote a line of code because it took 12 weeks to get them onboarded. High-caliber talent didn’t want to wait that long.”
Coder addresses these challenges by providing cloud development environments that strengthen security and improve productivity. With environments hosted on infrastructure organizations control—whether in the cloud or fully air-gapped on-premises—financial institutions minimize risk while enabling teams to work securely and efficiently in a highly regulated, fast-paced industry.
Challenge
A major U.S.-based investment firm struggled with efficiently onboarding developers to new projects. Setting up local development environments often took weeks, delaying projects and inflating operating costs due to the need for high-powered laptops. Developers were also hesitant to give up the control and familiarity of their local environments, making it difficult to standardize environments across teams.
Solution
Coder improved onboarding by delivering cloud-based workspaces that new hires could access in minutes, not weeks. These environments are automatically provisioned as code using Terraform templates created by the platform engineering team, ensuring they are secure, consistent, and tailored to the developers’ needs.
Coder allows developers to keep using their preferred tools, like VS Code and JupyterLab Notebook, but within an environment that includes configuration guardrails for how infrastructure is provisioned, and source code is managed. This balance between freedom and security made Coder an appealing solution for teams.
Results
For more details on this firm’s success, check out their case study and webinar recording with Coder, available on-demand.
Challenge
Another top 10 investment firm faced delays in collaboration between their quantitative analysts and floor traders. Analysts built predictive models, but traders often waited hours—or even days—to test them due to slow pipelines. This lag made it difficult for teams to respond quickly to market changes.
Solution
Using Coder, the firm deployed cloud development environments that allowed quants and traders to access and interact with the same models in real-time. Coder’s port-sharing capabilities enabled direct access to models without relying on time-consuming pipelines. Its IDE-agnostic approach supported familiar tools and languages, allowing teams to work together effectively.
Results
Coder’s platform is designed to help financial institutions meet strict regulatory requirements while providing the flexibility they need to drive innovation. These features make Coder a strong choice for organizations in regulated industries:
For a deeper dive into Coder’s capabilities and how it stacks up against other providers in the cloud development environment space, check out our latest Enterprise Buyer’s Guide to CDEs.
For financial institutions, balancing security with developer productivity is essential.
From reducing delays to ensuring compliance, Coder replaces decentralized local development environments with secure, scalable cloud environments. It’s not just part of the solution—it’s the foundation for secure, compliant, and future-ready development.
Do you want to hear more about how other regulated companies secure their development environments with Coder? Contact us for a demo today.
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