Why Investment Banks won’t use Public Clouds
and what we can do about that
Adam Vile
Excelian
There has been a bit of er… trouble
They are back on track
New risk management procedures(IRC)
And where they needed quite a lot of compute
They now need
Xmore
Where will they get this from?
Hmmm…
We are running out of space
And using too much energy
One investment bank runs datacentres that use more data in one
day that the city centre of Manchester
This is a costly way of running compute
Especially since utilisation is < 20%
Grid can drive up utilisation
We are
here
High utilisation during batch run
timesnothing outside
that
100%
00:00 06:00 18:00 24:00
How about sharing resources?
A great use case for cloud?
Can we do HPC Computations on the cloud?
http://www.451group.com
Performance is not the issue
Banks, it seems, don’t like to
share – especially with
each other
They are obsessive about security
And the require strong SLA’s
We CAN overcome this as grid tasks run independently,
and encapsulated
We can run compute in secure virtual containers
There are fantastic opportunities for scale and cost savings
Still, there is nervousness around cloud for compute
And its bad news for storage
There are regulatory issues
But there are possibilities around non critical functions
Banks want to:
Benefit from shared compute
Pay on-demand
Deliver according to strict SLA’s
Protect their data
Can’t benefit from
• Large scale publicly available Shared compute
Pay on-demand
What are the alternatives?
Not SaaS, PaaS or IaaS but Grid As A Service
Dedicated AllocatedOn demand
Infrastructure
On demandMiddleware
Management
Actually it’s a bit like… er… Timeshare!! –
but in a GOOD way
Reserved
100%
00:00 06:00 18:00 24:00
ReservedReserved
On DemandOn Demand
Reserved
On Demand
Wouldn’t it be nice to have a one stop shop?
Reserved and PPU infrastructure
Grid managed service
that exploits cloud technologies, infrastructures
and concepts
And works for the finance industry…
Cloud for the corporate
Grid As A service“I’m cloud and I’m proud”