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

Nice

Where will they get this from?

Data centers?

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

Safety First

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

Private cloud?

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?

Middleware (PPU)

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”