banking and finance

HKEx hosting data center added founding member Verizon
As part of ecosystem, Verizon will provide other members with low-latency connectivity and on-demand computing solutions and services for HKEx's new data center, due to launch at the Hong Kong Tseung Kwan O Industrial Estate by end of 2012.
by: Asia Cloud Forum editors 15-May-2012
IDC: FSI awaits greater clarity on cloud regulations
Regulation appears to be a major hurdle for widespread adoption of cloud computing in the banking and financial services industry. Survey findings from IDC Financial Insights show that more than 60% of the respondents either stated that regulations have become less clear, or that there has been no change to their understanding of what is or is not allowed by regulators.
by: Asia Cloud Forum editors 08-May-2012

Deloitte on cloud risks II: Standards present and missing

The absence of specific regulatory guidance is one reason why banking and financial institutions are slower cloud adopters. There is also a lack of auditing standards that provide direction and guidance for proper cloud implementation with appropriate security and privacy measures.
by: Carol Ko 08-May-2012
Savvis builds US$100m second data center in Singapore
Scheduled to open in six months, SG2 represents a 53,000-square-foot facility comprising 32,000 square feet of raised floor space and an IT capacity of 3.6 megawatts of power, offering co-location, managed hosting, cloud computing and network services.
by: Asia Cloud Forum editors 01-Mar-2012

Japan's pet insurance company hosts Web on Savvis public cloud

Japan’s largest pet insurance company Anicom Holdings hosts its website with online purchase function on Savvis' public cloud service Symphony Public, which is delivered through Savvis’ data center in Tokyo.
by: Asia Cloud Forum editors 20-Feb-2012

Managing big data in the cloud -- 3 biz scenarios

How can cloud computing help address the big data challenge in these business scenarios: hospitals that store ever-expanding pools of patients' data; governments that process loads of citizen's data, and financial institutions that perform analyses at near-zero network latency?
by: Carol Ko 31-Jan-2012

Oracle advises: 4 paradigm shifts to tap cloud benefits

Oracle APAC's director of Fusion Middleware Albert Tay speaks about Oracle's cloud services deployments for Commonwealth Bank of Australia, Credit Suisse and National Australia Bank, the common pitfalls in enterprise cloud strategy, upcoming cloud trends, and the four "paradigm shifts" to tap the full benefits of cloud.
by: Carol Ko 17-Jan-2012

Data loss prevention for cloud II: How it works in 5 industries

The "vulnerable points" in a cloud computing environment may not be so much in the cloud itself, but the mobile devices and end points used to access data via the Internet. Part II of this Websense interview examines how DLP can help secure classified data in the cloud in five industries.
by: Carol Ko 22-Dec-2011

Ex-CIO of CBA: Cloud is no silver bullet to IT agility trap

Ex-CIO of Commonwealth Bank of Australia David Boyle explains how the organization's core banking modernization project costs AUD1.1billion, plus five steps to get out of the IT Agility Trap -- the downward spiral to even more IT complexities.
by: Carol Ko 09-Dec-2011
Unitas Global expands private cloud hosting to Hong Kong
US-based Unitas Global expands its enterprise private cloud hosting service to Hong Kong to target at the financial sector. The company adds new technical staff to its existing Hong Kong regional headquarter office to support its managed hosting and IT infrastructure services in the region.
by: Asia Cloud Forum staff 11-Oct-2011