Founded 150 years ago, DZ Bank started as a regional cooperative bank in Frankfurt to support the entrepreneurial ventures of its members. Today, it is recognized as an established financial institution, after having demonstrated its bullishness during the 2008 financial crisis.
Jan Vitt has been overseeing the internal IT operations of DZ Bank for the last seven years. He is in charge of the bank's data centre facilities, operations of servers, computing platforms, particularly the infrastructure for desktop services. Under his leadership, the bank's IT division operates several private Cloud services internally and also uses the services of some public Clouds. DZ Bank was reluctant to use the services of professional Cloud providers as they were very concerned about data security. The regulatory authorities such as the European Central Bank and German Bafin - Federal Financial Supervisory Authority - have very strict regulations regarding IT outsourcing making it doubly hard to make the move into Cloud computing.
In his keynote titled "Cloud Computing in a Conservative German Bank - Still a Long Way to Go?" Jan Vitt will be sharing how he and his team surmounted these hurdles to successfully install the bank's own private Clouds. He says that private and public Clouds are just their starting points and they will be evaluating other opportunities to employ Cloud computing in the future.
This year's conference offers a unique programme consisting of business, technology and research tracks. For more information, you can visit http://isc-cloudbigdata.com/ .