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Banking Showcases Leading Edge Cloud Server Technology

Cloud ComputingDeutsche Bank recently was recognized for its use of cloud server based Collaboration and Identity Management software to create virtualized environments for developers and individuals. The German bank identified its use of cloud server based technology to develop and deploy identity management tools. These tools were vital to the development of cloud server technologies that safeguard the banking companies business while allowing developers to collaborate in virtual environments.

The judges noted in awarding the recognition that the concepts that Deutsche Bank used could be adapted by others in both the banking industry and other security-conscious businesses. The bank showed in its white paper on the development and deployment of the cloud server based technologies how it fulfilled three objectives:

  1. The end user costs needed to be low.
  2. The cost to support the service needed to be kept to a minimum.
  3. Instead of automated backup the system needed to be able to protect and manage applications by delivering flexible code and core data repositories.

For a full look at the requirements of the cloud server technology award and a link to the white paper by Deutsche Bank that shows the development of the low cost developer service, be sure to follow our link here.

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