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Primeur weekly 2015-10-26

Special

DZ Bank believes in Cloud computing but has to move with caution ...

Peter Coveney's views on the Virtual Human, the Human Brain Project, the medical practice and curriculum, and the interrelation of supercomputing and data storage ...

Focus

Exascale: not simply a matter of re-writing the applications and more parallelism ...

Exascale supercomputing

New report on energy-efficient computing ...

Photons open the gateway for quantum networks ...

Quantum computing

Loophole-free Bell test TU Delft crowns 80-years-old debate on nature of reality: Einsteins "spooky action" is real ...

Focus on Europe

IBM, UK STFC Hartree Centre, NVIDIA and Mellanox launch high performance computing POWER Acceleration and Design Center for business ...

Middleware

Bright Computing's Panos Labropoulos to speak at Amsterdam Spark Summit ...

Rogue Wave Software acquires enterprise PHP expert Zend ...

SGI exceeds 200 Terabyte milestone in total systems running SAP HANA ...

Hardware

Nor-Tech innovates ruggedized portable custom supercomputer for CAE and other applications ...

Comet: A supercomputer for the 'long tail' of science ...

U.S. Army unveils Excalibur, one of the world's top 20 supercomputers ...

Supermicro's new X11 UP solutions with highest performance and efficiency support latest Intel Xeon processor E3-1200 v5 family ...

New custom-designed storage system by DDN boosts Intel Omni-Path fabric speed in HPC, web and Cloud workflows by 100 percent ...

Department of Energy’s National Nuclear Security Administration selects Penguin Computing's Tundra extreme scale solution for National Labs ...

Applications

IBM expands data discovery and Q&A power of Watson Analytics ...

Cray's high-density GPU system sets new performance standard for ECHELON reservoir simulation software ...

New SDSC award provides easy path to supercomputing for neuroscientists ...

UC San Diego/SDSC study uncovers mechanism to block a cancer pathway ...

Utah researchers develop software to better understand brain's network of neurons ...

DrugDiscovery@TACC portal helps researchers worldwide with drug therapeutics ...

Supercomputing helps ecologists overturn popular theory ...

The Cloud

EMC and VMware reveal new Cloud services business ...

Dell introduces industry-first hybrid Cloud system with bold payment structure to simplify and minimize risks of Cloud adoption ...

DZ Bank believes in Cloud computing but has to move with caution

29 Sep 2015 Frankfurt - At the recent ISC Cloud and Big Data Conference in Frankfurt,Primeur Magazinehad the opportunity to interview Jan Vitt, Head of IT Operations at DZ Bank, on how to approach Cloud computing services in a financial environment. In essence, DZ Bank holds on to a conservative policy driven by regulations of the European banking authorities that are asking to put heavy emphasis on data protection, IT security and very close monitoring of Cloud computing providers or external IT providers in general.

Jan Vitt explained that DZ Bank has to go through a lot of effort that is comparable to producing the IT on its own account. So why should you buy the IT outside and have all the burden of controlling and monitoring activities?

Nevertheless DZ Bank has a few examples where it is performing Cloud computing. The bank has internal Clouds in the infrastructure platform services and some experiments with Software-as-a-Service and external public Cloud offerings. Going from there, the Bank gains experience in how it can extend the portfolio of Cloud services for the consumer.

DZ Bank sees the benefit from Cloud computing, especially in the public Cloud offering in that it helps to improve the bank's cost efficiency and reduce time-to-market. Cloud computing makes the bank more agile so that it is able to cope with first demands on capacity. DZ Bank cannot provide this internally so it is trying to drop more and more Cloud computing services in its portfolio.

This is why DZ Bank has looked at personal Cloud computing offerings, including Microsoft Office from Cloud but also Cloud testing capacities, for example, if you do some tests with mass data that are used only for a few days because the bank cannot provide this kind of computing storage power on such a short notice. This is an area where DZ Bank would like to experiment with Cloud offerings.

DZ Bank believes that it has to integrate that in its value chain. Otherwise it would be left behind in the technological development. The bank can improve in the offering of internal private Clouds but it has a natural limit. Beyond that, it has to look at public Clouds also, concluded Jan Vitt.

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Back to Table of contents

Primeur weekly 2015-10-26

Special

DZ Bank believes in Cloud computing but has to move with caution ...

Peter Coveney's views on the Virtual Human, the Human Brain Project, the medical practice and curriculum, and the interrelation of supercomputing and data storage ...

Focus

Exascale: not simply a matter of re-writing the applications and more parallelism ...

Exascale supercomputing

New report on energy-efficient computing ...

Photons open the gateway for quantum networks ...

Quantum computing

Loophole-free Bell test TU Delft crowns 80-years-old debate on nature of reality: Einsteins "spooky action" is real ...

Focus on Europe

IBM, UK STFC Hartree Centre, NVIDIA and Mellanox launch high performance computing POWER Acceleration and Design Center for business ...

Middleware

Bright Computing's Panos Labropoulos to speak at Amsterdam Spark Summit ...

Rogue Wave Software acquires enterprise PHP expert Zend ...

SGI exceeds 200 Terabyte milestone in total systems running SAP HANA ...

Hardware

Nor-Tech innovates ruggedized portable custom supercomputer for CAE and other applications ...

Comet: A supercomputer for the 'long tail' of science ...

U.S. Army unveils Excalibur, one of the world's top 20 supercomputers ...

Supermicro's new X11 UP solutions with highest performance and efficiency support latest Intel Xeon processor E3-1200 v5 family ...

New custom-designed storage system by DDN boosts Intel Omni-Path fabric speed in HPC, web and Cloud workflows by 100 percent ...

Department of Energy’s National Nuclear Security Administration selects Penguin Computing's Tundra extreme scale solution for National Labs ...

Applications

IBM expands data discovery and Q&A power of Watson Analytics ...

Cray's high-density GPU system sets new performance standard for ECHELON reservoir simulation software ...

New SDSC award provides easy path to supercomputing for neuroscientists ...

UC San Diego/SDSC study uncovers mechanism to block a cancer pathway ...

Utah researchers develop software to better understand brain's network of neurons ...

DrugDiscovery@TACC portal helps researchers worldwide with drug therapeutics ...

Supercomputing helps ecologists overturn popular theory ...

The Cloud

EMC and VMware reveal new Cloud services business ...

Dell introduces industry-first hybrid Cloud system with bold payment structure to simplify and minimize risks of Cloud adoption ...