BNP Paribas is increasing its use of IBM Cloud, and has plans to dedicate a brand new part of its information centres to the platform by 2028.
The transfer builds on a collaboration that started in 2019 when the financial institution started internet hosting IBM Cloud infrastructure on its amenities to assist wider digital transformation efforts.
The upcoming funding is designed so as to add system redundancy and enhance resilience in providers like fee programs, enhance information safety, and adjust to laws.
A part of the financial institution’s technique is aligned with the European Union’s Digital Operational Resilience Act (DORA), which outlines stricter IT danger administration and enterprise continuity necessities for monetary establishments. By strengthening its inside cloud infrastructure and sustaining management over cloud service supplier danger, BNP Paribas is aiming to satisfy requirements extra successfully.
BNP Paribas makes use of a number of information centres, together with low-emission amenities in Sweden and Iceland operated by atNorth. The places are used for data-intensive workloads and high-performance computing. A previous job itemizing additionally indicated that the financial institution operates no less than one information centre in India.
The extension of its partnership with IBM offers BNP Paribas entry to GPUs by way of IBM Cloud, used to check and scale generative AI initiatives. The assets are meant to assist enterprise models experiment with new use instances and speed up the adoption of rising applied sciences equivalent to AI.
The financial institution shifting towards cloud-native growth utilizing Crimson Hat OpenShift, IBM’s Kubernetes-based container platform. By modernising purposes by means of microservices, BNP Paribas goals to extend its agility and assist providers that may scale throughout completely different banking operations – together with fee programs.
Marc Camus, chief data officer at BNP Paribas, mentioned the financial institution is targeted on evolving its infrastructure whereas holding safety and regulatory compliance prime of thoughts. “By combining GPUs as a service, a devoted, state-of-the-art setting in our information centres, and a cloud-native infrastructure, we’re strengthening our technological basis,” he mentioned.
BNP Paribas additionally introduced plans on the finish of 2024 to deploy Oracle’s Exadata Cloud@Buyer for on-premises databases, to enhance entry to automation and cut back latency when processing delicate information.
(Photograph by Unsplash)
See additionally: IBM needs Nvidia GPUs, and AWS could be the reply
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