This is part one of a two part blog series on open source based private cloud for financial services. This blog describes the need for a cost-effective private cloud to execute a successful hybrid cloud strategy. It also shares a comparison between proprietary and open source based private cloud platforms. In the second part, we will elaborate on the key considerations that financial institutions need to think about when planning to migrate to open source based private cloud platforms, along with the operational benefits of Charmed OpenStack for financial institutions.
To drive business agility, financial institutions are on a journey to fundamentally reshape their IT infrastructure. As their IT estates grow and become more complex, financial institutions are increasingly facing the challenge to optimise their infrastructure spend. Many financial institutions are adopting scalable and agile cloud infrastructure guided by a hybrid multi-cloud…
