27 May 2017
Visit EBAday.com

State Street implements private cloud

06 June 2011  |  8939 views  |  0 light bulbs

State Street is rolling out a private cloud environment to provide clients with access to data and analysis in real time.

The US financial services giant outlined plans late last year to introduce a private cloud to help slash its IT costs, which have historically accounted for over 20% of operating expenses.

The cloud environment provides capacity on demand, reusable software and services and enterprise-level security, says State Street. This means customers get real-time data infrastructure, faster time to market, automation and capacity on demand and protected data integrity.

KeywordsCLOUD

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Nyse Euronext to offer trading in the cloud

Nyse Euronext to offer trading in the cloud

01 June 2011  |  10213 views  |  0 comments
UK finance sector CIOs wary of cloud hype

UK finance sector CIOs wary of cloud hype

27 May 2011  |  8691 views  |  1 comments
Nasdaq expands data-on-demand cloud service

Nasdaq expands data-on-demand cloud service

26 April 2011  |  8699 views  |  0 comments
State Street to expand Chinese software and support base

State Street to expand Chinese software and support base

21 March 2011  |  7752 views  |  0 comments
Temenos takes T24 to the cloud with Microsoft Windows Azure

Temenos takes T24 to the cloud with Microsoft Windows Azure

07 February 2011  |  10162 views  |  0 comments
StatPro plans move to pure SaaS provider

StatPro plans move to pure SaaS provider

26 January 2011  |  5813 views  |  0 comments
UK CFOs still wary of the cloud

UK CFOs still wary of the cloud

02 December 2010  |  6266 views  |  0 comments
State Street looks for savings from job cuts and cloud computing

State Street looks for savings from job cuts and cloud computing

01 December 2010  |  7987 views  |  0 comments
Oz finance watchdog warns on cloud computing

Oz finance watchdog warns on cloud computing

16 November 2010  |  8393 views  |  0 comments
Banks take leading role in new cloud alliance

Banks take leading role in new cloud alliance

04 November 2010  |  12192 views  |  0 comments
Deutsche CIO to lead cloud alliance

Deutsche CIO to lead cloud alliance

27 May 2010  |  11532 views  |  0 comments
SunGard targets financial firms with private cloud

SunGard targets financial firms with private cloud

13 October 2009  |  11254 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comDownload the paper nowvisit www.events.sap.com

Top topics

Most viewed Most shared
BBVA launches Open API marketplaceBBVA launches Open API marketplace
13028 views comments | 50 tweets | 79 linkedin
Bank/fintech collaboration can take transaction banking to new heightsBank/fintech collaboration can take transa...
7697 views comments | 12 tweets | 24 linkedin
R3 raises $107mR3 raises $107m
6822 views comments | 16 tweets | 16 linkedin
TransferWise launches multi-currency business bank accountsTransferWise launches multi-currency busin...
6741 views comments | 12 tweets | 20 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job