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HSBC has chosen Oracle’s [email protected] service to upgrade and migrate some of its database systems.
The bank will use Oracle’s managed infrastructure service in its own datacentres. The service is part of Oracle Cloud Infrastructure.
The two organisations said the platform will enable HSBC to continue its existing use of the supplier’s databases to support core banking systems in compliance with local data and security regulations.
They said a technical benefit will be that the bank will be able to automate legacy applications in a cloud environment and scale services with more flexibility.
Frank McGrath, chief technology officer at HSBC, said: “Our strategy is to digitise the bank at scale, so that we can innovate faster for customers, and our collaboration with Oracle is important in advancing this transformation agenda.
“We chose Exadata [email protected] primarily for its ability to offer well-known databases, with the benefit of a database-as-a-service platform, giving us the performance and operational agility we need as we continue to grow and diversify our business.”
At Oracle Cloud World in Las Vegas this week, another UK-based company, Vodafone, endorsed the [email protected] service.
Scott Petty, CIO at Vodafone, told a small group of UK press: “Everything to run our core telco business runs on Oracle databases. We are using OCI to modernise our infrastructure.
“Our cloud strategy had been very public cloud, and it took us a while to change our mindset, and convince everyone [internally] that OCI would be a better idea. People can be religious about cloud-native, and forget about why you are doing cloud.
“If you can get scalability, predictabilty, and the ability to horizontally scale the applications with cloud on-prem[ise], and all of your lifecycle management is taken care of, why would you care about what datacentre it’s in?”
Richard Smith, executive vice-president, technology, EMEA at Oracle, said:…
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