25 June 2017
download the report now

Deutsche Bank scoops best practice cloud technology award

05 December 2011  |  10988 views  |  0 Deutsche Bank

Deutsche Bank's deployment of cloud technology has been lauded as an example of best practice in enterprise computing by the Open Data Centre Alliance (ODCA).

The German bank picked up a $10,000 award after winning the ODCA's 'Conquering the Cloud Challenge', in which organisations were invited to submit examples of leading edge cloud computing deployments in the corporate data centre.

Deutsche Bank's entry Identity management in the new hybrid cloud described how the bank has extended its internal db Cloud environment to support an 'Infrastucture-as-a-Service' mechanism to provide developers across the bank with rapid access to virtual machines. The bank has incorporated identity management tools and cloud-based collaboration suites to offer virtualised environments that can be requested by individuals and teams and rapidly provisioned at a lower cost than any comparable environment.

Ravi Subramaniam, principal engineer at Intel Corporation and a member of the ODCA judging panel says: "Deutsche Bank's entry not only demonstrates true innovation, but also provides a clear and concise approach to deploy and measure cloud success. Most importantly, we feel these practices can be emulated by other organisations looking to implement effective cloud computing solutions."
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

Cloud banking set to go mainstream - Gartner

Cloud banking set to go mainstream - Gartner

01 November 2011  |  14825 views  |  0 comments
ANZ CIO cool on the cloud

ANZ CIO cool on the cloud

07 October 2011  |  8527 views  |  1 comments
Xignite raises $10m to push market data in the cloud

Xignite raises $10m to push market data in the cloud

13 September 2011  |  5871 views  |  0 comments
State Street implements private cloud

State Street implements private cloud

06 June 2011  |  8974 views  |  0 comments
Nyse Euronext to offer trading in the cloud

Nyse Euronext to offer trading in the cloud

01 June 2011  |  10250 views  |  0 comments
Nasdaq expands data-on-demand cloud service

Nasdaq expands data-on-demand cloud service

26 April 2011  |  8731 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  |  10196 views  |  0 comments
UK CFOs still wary of the cloud

UK CFOs still wary of the cloud

02 December 2010  |  6289 views  |  0 comments
Banks take leading role in new cloud alliance

Banks take leading role in new cloud alliance

04 November 2010  |  12216 views  |  0 comments
Disruptive clouds gather over banking technology market

Disruptive clouds gather over banking technology market

25 October 2010  |  9702 views  |  0 comments
WestPac and ANZ tap the cloud for testing

WestPac and ANZ tap the cloud for testing

13 October 2010  |  8694 views  |  0 comments
Deutsche CIO to lead cloud alliance

Deutsche CIO to lead cloud alliance

27 May 2010  |  11553 views  |  0 comments
Banking cloud consortium to take on 'legacy tech' vendors

Banking cloud consortium to take on 'legacy tech' vendors

29 April 2010  |  13897 views  |  1 comments
Deutsche Bank and CBA join cloud computing group

Deutsche Bank and CBA join cloud computing group

15 December 2009  |  10389 views  |  0 comments
Bank of Tokyo-Mitsubishi UFJ adopts IBM desktop cloud service

Bank of Tokyo-Mitsubishi UFJ adopts IBM desktop cloud service

23 October 2009  |  8853 views  |  0 comments | 1 tweets
SunGard targets financial firms with private cloud

SunGard targets financial firms with private cloud

13 October 2009  |  11281 views  |  0 comments
Banks sceptical on cloud computing - survey

Banks sceptical on cloud computing - survey

21 July 2009  |  8781 views  |  0 comments
Wall Street look to cut costs with cloud computing - survey

Wall Street look to cut costs with cloud computing - survey

24 June 2009  |  14970 views  |  1 comments
Merrill Lynch implements IBM iDataPlex 'cloud' servers

Merrill Lynch implements IBM iDataPlex 'cloud' servers

10 October 2008  |  8227 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.finastra.comvisit www.www.fisglobal.comvisit www.response.ncr.com

Top topics

Most viewed Most shared
Live: EBAday 2017, day twoLive: EBAday 2017, day two
9759 views comments | 4 tweets | 5 linkedin
Worldpay pilots app-only mPOS for small retailersWorldpay pilots app-only mPOS for small re...
9260 views comments | 19 tweets | 27 linkedin
Live: EBAday 2017, day oneLive: EBAday 2017, day one
8898 views comments | 3 tweets | 4 linkedin
UK banks will need to change one million sort codes under ring-fencing rulesUK banks will need to change one million s...
8323 views comments | 8 tweets | 25 linkedin
What Banks and their customers can expect for the futureWhat Banks and their customers can expect...
7403 views comments | 7 tweets | 10 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job