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Virtual Desktops
Due to offshore growth in developing countries, a large international bank needed to regularly get new employees up and running on desktop computers. Because of security and other issues, it typically took this bank about four to six weeks to get an internally configured desktop procured and deployed. And during that time, the employee couldnt work on a computer. Now, using Savvis Symphony Virtual Private Data Center, virtual desktops can be configured and operational in about an hour. In addition, end users now remark positively on the more service-oriented approach they encounter when engaging with their IT teams.
Disaster Recovery
An international financial services company recently found a way to save money using cloud computing to assist with its disaster recovery preparations. Previously, this client paid for active storage at two data center locations. So it was paying for and using space for a duplicate location that would be unused unless there was an emergency. Now, instead of this active-active site setup, the client uses cloud for an active-standby setup; important backup data is stored in a virtual private data center at a separate Savvis location. Should a disaster occur, the backup files go live and mission-critical applications can be accessed. A cloud-based business continuity/disaster recovery solution can be tailored according to the size and sophistication of the individual firm.
Capex to Opex
An IT contact from a financial services firm found he needed increased flexibility for his business unit. Whenever he wanted to buy anything, regardless of cost, he had to go through an extensive procurement process. He would attend monthly expenditure meetings to present his case for making the purchase. However, if he needed a service, he didnt have go through the process and could move forward under his own operating expense approval limits. Now, he not only has quick, self-service access to cloud, he has moved much of his budget to an opex model. He can rapidly spin up environments, develop, test and deploy other applications for financial customers all with low commitment and no capital expenditure.
shared Resources
Due to the nature of computing, a large international bank that was paying for a massive amount of physical IT infrastructure found much of its IT space was unutilized at any given time. Now, the bank uses cloud computing to pool resources and share infrastructure and CPU globally. Internal groups only pay for what they use, with flexibility and elasticity now built into their usage patterns.
separation of Duties
To address potential security issues and comply with separation of duties guidelines, one large investment bank now utilizes a segregated cloud-based development environment for third-party contractors to deploy and test software and applications developed by the firms internal development staff.
seasonal/Peak Bursting
One financial firm decided to spend more of its time, energy and resources developing products and client relationships instead of focusing on its corporate website. Because its website experiences extreme fluctuations in demand driven by factors such as holidays, marketing campaigns and financial earnings releases it needed an IT structure that would support bursts of transactions at key times. A cloud solution from Savvis did the trick. Instead of going down during peak traffic, the website now bursts into a cloud to remain operational.
Industry Groups
The emergence of industry groups and standards reflect the growing acceptance of enterprise-class cloud computing among the financial services industry. For more information, visit the following organizations websites: istributedManagementTaskForce(www.dmtf.org) D nterpriseCloudLeadershipCouncil(http://www.tmforum.org/ E EnablingCloudServices/EnterpriseCloudLeadership/8009/Home.html)
For more information about Savvis cloud solutions and financial services capabilities, visit www.savvisknowscloud.com or www.savvis.net/financial.
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