Westpac Bank rolls out first stages of move to cloud

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Westpac move to cloudWestpac, a bank based in Sydney, has moved two core banking processes to the cloud since the end of March, and leaders are planning to move 20 more by early 2018, The Australian Financial Review reported.

The bank’s move to platform as a service on IBM hybrid cloud is a big shift, but Westpac Chief Information Officer Dave Curran said he believes moving its infrastructure to the cloud will save money, boost efficiency and increase flexibility. Curran said he hopes that 40 percent of the company’s business applications will be on the cloud by 2020.

The two applications that have already moved to the cloud are Westpac’s business bank “Deal Tracker” app and its risk decision-making engine.

“I believe we’ll be on the public cloud in less than 10 years, I’m pretty happy where we are in relation to that and moving our core business across,” Curran said.

Read the full story of Westpac’s journey onto the cloud at The Australian Financial Review.


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