Hybrid

Financial services in the age of hybrid cloud

Share this post:

Financial services hybrid cloudFinding the right cloud deployment option to accommodate your specific workload requirement is not always the easiest task to manage. If your business resides within financial services or a similar regulatory or compliance driven market, application development and management can be even more complex.

Private cloud in financial services

When we first started looking at private cloud, we found over and over again that financial services institutions, whether banking or insurance, were overwhelmingly the most common enterprises that need a private cloud model. Whether driven by internal demands for high data sensitivity and the need for complete control over that data, or external regulatory pressure that dictates down to the server exactly where the data can reside, financial services companies require the highest level of security, protection and auditablility throughout their enterprise IT environments.

Numerous financial services enterprises share another commonality: they want to innovate in their own environments and require the ability to develop in open source tools such as Kubernetes, Cloud Foundry and DevOps toolchains.

Data has gravity, meaning that you can’t just take your tangled applications and instantly lift them to the cloud. Companies must be methodical and require a single platform that ensures apps are correctly placed on the cloud and, in many cases, in a private cloud, safe from the outside world, but with the elasticity and speed that cloud technology offers.

A banking private cloud use case out of the vault

A typical financial services company can have thousands of apps all tied together.

One global banking company was challenged with a cloud infrastructure that was not flexible enough to accommodate the development needs of the many countries and diverseness of situations. IBM Cloud Private enabled the company to not be locked into one application development, deployment or packaging model. Each country is now able to make its own choices but remains bound by its common governance board.

Your private cloud journey at your own pace

View the “Financial Services in the Age of Hybrid Cloud” on demand broadcast, which offers key insights into balancing innovation with the ability to meet strict in a secure, customer controlled environment. We’ll share additional financial use cases, and share the best practices to help your business adopt the right cloud strategy.

View additional webcasts on this topic on our new on demand broadcast page.

Director, IBM Private Cloud Offering Management

More Hybrid stories

Cloud-native application deployment across hybrid multicloud infrastructure: 451 analyst interview

Modern enterprises are quickly adopting a cloud-native approach to speed up the application lifecycle and deliver features quickly and more efficiently to users. Jay Lyman, principal analyst with 451 Research, details the flexibility of cloud-native applications across a hybrid multicloud infrastructure. In the following video interviews he shares how Kubernetes is used to deploy varied […]

Continue reading

National Express signs 8-year cloud deal with Vodafone Business and IBM

National Express has signed an eight-year deal with Vodafone Business and IBM to help the UK-based coach company with its hybrid cloud plans, reports Computer Weekly. Under the agreement, infrastructure for the transportation provider will move to IBM Cloud as part of a larger hybrid cloud strategy. The deal will enable National Express to more […]

Continue reading

Simplify the digital enterprise journey with hybrid multicloud

Organizations are adopting a hybrid multicloud environment to accelerate their journey to becoming digital enterprises. IT leaders are faced with a challenge of demystifying the hybrid multicloud environment to unlock the true value of digital transformation. According to IBM Institute for Business Value, by 2021, 90 percent of the organizations that are already on cloud […]

Continue reading