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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