20 October 2017

Deutsche Börse preps cloud computing exchange

02 July 2013  |  7321 views  |  0 ATM 3 close up

Deutsche Börse has outlined plans to launch the world's first vendor neutral trading venue for outsourced storage and computing capacity.

The German giant is working with Berlin-based Zimory on the Deutsche Börse Cloud Exchange, which is slated to launch early next year, initially offering a marketplace for outsourced storage capacity and computing power.

The platform will be aimed at companies, public sector agencies and organisations such as research institutes that need additional storage and computing resources, or have excess capacity that they want to offer on the market.

The exchange will set and monitor standards for products, admission procedure, changes of provider and guaranteed purchased capacity. Clients will be able to choose capacity providers freely, as well as select the jurisdiction that will apply to the outsourced data.

Several cloud specialists, including CloudSigma, Host Europe and Equinix, have already signed up to the early adopter programme, as the marketplace works to hammer out product and technical provisions.

Michael Osterloh, board member, Deutsche Börse Cloud Exchange, says: "With its great expertise in operating markets, Deutsche Börse is making it possible for the first time to standardise and trade fully electronically IT capacity in the same way as securities, energy and commodities."
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