cloud computing: helping financial institutions leverage the cloud to improve it efficiency

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© 2010 IBM Corporation Anthony Lipp – Global Strategy Leader, Banking & Financial Markets August 2010 Cloud Computing

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IBM's cloud computing solutions improve capital utilization, reducing the excessive infrastructure costs associated with underutilized IT resources. They provide elastic scalability and accelerate time to value. They help increase agility and responsiveness to changing business conditions and foster innovation. IBM provides clear economic value and helps financial institutions work through the right mix of delivery models and choices (by workload) to reap the maximum benefit.

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Page 1: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Anthony Lipp – Global Strategy Leader, Banking & Financial Markets August 2010

Cloud Computing

Page 2: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

2

There are dramatic forces shaping the financial services industry

ClientsRapidly evolving expectations for offerings, service unbiased advice, and convenience

RegulationRadically increased

oversight ushering in a new era of increased

government intervention

TrustRebuilding trust and

confidence across the system is critical to future

growth and stability

CapitalizationMature markets and

emerging markets alike focus on rebuilding their

capital reserves

CompetitionIntensified competition with increased M&A, divestitures and entrance of non-bank service providers

EconomyWeak conditions impact investment decisions and reduce need for financial services

Page 3: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

The global financial system is highly complex with many stakeholders and requires new approaches to create value

1 – Rethinking the Financial Network, Andrew Haldane, Executive Director, Financial Stability, Bank of England3

The global financial system is massively interconnected and interdependent

An adaptive system which is a complex network – evolving organically

The number of intersection points of the financial services networks across the 18 largest countries increased 14x in 20 years1

The system moves more than $74T around the world each day

Digitization of the “real economy” has transformed availability of information and how decisions are made

Anonymity and susceptibility make the system an attractive target for criminal elements

The system intermediates the needs of billions of people in 190 countries — in thousands of languages.

Policy makers

Regulators

Financialinstitutions

Compliance

Laws andrules

Surveillance and monitoring

Standards

SoundnessStability Supervisors

Page 4: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

IntelligentInterconnectedInstrumented

Winners are enabling themselves by a new business infrastructure that is more instrumented, interconnected and intelligent

Real-time capture and view of continuously streaming data of multiple types and from multiple sources enabling quicker insight and, therefore, faster time-to-market and higher margins

Tracking and detecting the requirements of transaction messages in real-time, enabling automatic routing of payments through least-cost channels

Advanced capture, tracking and control of digitized transactions and information

Integrated capabilities

Social networking and online collaboration

Banks systems connecting to governments and regulators in new, smarter ways to identify risk concentrations and, thereby, improve insights around systemic risk issues and global inter-dependencies

Engaging customers as co- developers through social networking and online collaboration to tailor products and services on demand

Predictive client analytics

Real-time alerts

Enterprise view of data, automated modeling and predictive analytics to provide greater client and business insight.

Real-time alerts of performance problems with insights into the source systems and applications as well as analysis of impact on business processes and service levels.

4

Page 5: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

Digital data is projected to grow tenfold from 2007 to 2011

As the planet gets smarter the information explosion and rapid change create new challenges

Global Internet traffic volume expected by 2013

Number of devices will be connected to the Internet by 2011

Percentage of CIOs who expect to face substantial change over the next three years

3

55K PB/Mo10x

1 trillion 83%

Page 6: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

It will reach a breaking point

In distributed computing environments, up to 85 percent of computing capacity sits idle

Percentage of executives who report a security breach and aren’t confident they can prevent future breaches

66 percent is spent on maintaining current IT infrastructures versus adding new capabilities

Percentage of CIOs who want to improve the way they use and manage their data

66%

85% idle78%

82%

6

Today’s IT infrastructure is under tremendous pressure and is finding it difficult to keep up…

Page 7: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

There is a greater need for IT to help address business challenges

Reducing risk Breakthrough agility

Higher quality servicesDoing more with less

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Page 8: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

There are three ways to acquire IT capabilities

Cloud computing is a new delivery and consumption model or methodology spanning all 3 ways.

8

Pre-integrated systems and appliances

Provided as services

Software, hardware and services

Page 9: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

What is different about cloud computing?

With cloud computingWithout cloud computing

Virtualized resources

Automated service management

Standardized services

Location independent

Rapid scalability

Self-service

• Software• Hardware

• Storage• Networking

• Software• Hardware• Storage• Networking

• Software• Hardware• Storage• Networking

9

Service Management Service Management Service Management

Page 10: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

There is a spectrum of deployment options for cloud computing

Private Public

Hybrid

IT capabilities are provided “as a service,” over an intranet, within the enterprise and behind the firewall

Internal and external service delivery methods are integrated

IT activities / functions are provided “as a service,”

over the Internet

Third-party operated

Third-party hosted and operated

Enterprise data center

Enterprise data center

Private cloud Hosted private cloud

Managed private cloud

Enterprise

Shared cloud services

AEnterprise

B

Public cloud services

AUsers

B

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Page 11: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

Public and Private Clouds are preferred for different workloads

Source: IBM Market Insights, Cloud Computing Research, July 2009. n=1,090

Database and application-oriented workloads emerge as most appropriate

Infrastructure workloads emerge as most appropriate

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Page 12: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

Cloud computing framework

Bus

ines

s pl

anni

ng /

lifec

ycle

m

anag

emen

t ser

vice

s

Shared middleware services

Infrastructure services

Industry-specific services

Inte

grat

ed s

ervi

ce

man

agem

ent a

nd s

ecur

ity

Cloud-based business solutions for industry- specific processes

Virtualized and optimized systems

storage and networking

IT services that are integrated with cloud services

Application infrastructure for delivering cloud

services

Business services delivered via the cloud

Integrated capabilities for visibility, control, automation and security of cloud services

Capabilities to define an enterprise architecture for

business planning/alignment and tools for managing the lifecycle of cloud services

Process services

Collaboration services

Analytics services

Existing services and third-party services, partner ecosystems

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Page 13: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

Ready-to-consume cloud services from IBM

IBM Smart Business on the IBM CloudBusiness processes BPM BlueWorks Smart business expense

reporting on the IBM Cloud

Collaboration IBM LotusLive

Desktop and devices IBM Smart Business Desktop on the IBM Cloud IBM Smart Business End User Support

Development and test IBM Smart Business Cloud for development and test

Infrastructure Compute IBM Smart Business Cloud for production workloads

IBM Managed Security Services IBM Tivoli Live

Infrastructure storage IBM Information Protection Services

Software as a Service IBM WebSphere Application Server IBM WebSphere sMash IBM WebSphere Portal

IBM DB2 IBM Informix Dynamic ServerLotus DominoLotus Web Content Mgmt

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Page 14: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

Businesses that implement cloud computing services from IBM are seeing significant results

Risk & Compliance30,000 + employee bank deploying a private cloud from IBM to centralize management of desktops via an enterprise class data center rather than at the user stations.

Gets greater remote flexibility without sacrificing control.

Capitalizing on new efficienciesReduced labor and infrastructure need to develop and deploy new services.

Decreased new application deployment time from 10 weeks to less than 1 week.

Accelerated business transformation.

Smart Business Test CloudCreated a self- service, flexible and secure environment to develop, port, test and validate their software on standard systems and middleware.

Improved time to market, higher quality and reduced costs.

Time to ValueCreates an ecosystem for 3rd Party developers.

Reduces developer effort to deploy a work environment with seamless.

Large Financial Services Provider

in the United States

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Large Financial Services

Provider in Asia

Large Financial Services Provider

in South Africa

Large Global Payments Provider

Page 15: Cloud Computing: Helping Financial Institutions Leverage the Cloud to Improve IT Efficiency

© 2010 IBM Corporation

Building a smarter planet

15

Making cloud computing real

Clear economic

valueIntegrated and open

Secure and ready for business

Designing for

simplicityGlobally relevant

New economics with new trade-offs

Business flexibility

results from IT flexibility

Demanding greater speed, control,

security and transparency

New technology

experiences with faster

time to market

Need solutions that work and are

supported consistently.