Australian banks tap cloud tech
(13 October 2010 – Australia) Australia and New Zealand Banking Group (ANZ) and Westpac Banking Corporation (WBC) have both turned to cloud technology for the testing and development of new software.
ANZ has signed up for cloud specialist iTKO's Lisa, an end-to-end testing, validation and virtualisation suite that will be used for software development across the bank's technology division.
iTKO says its technology eliminates the dependencies on constrained systems and provides the necessary visibility into architectural changes that hamper communications between development and testing organisations.
Marcello Martino, head, testing, environments, and change CoE, technology global solution delivery, ANZ, said that after an evaluation process that considered our existing technologies and future IT objectives, ANZ ultimately decided that iTKO's complete Lisa Suite would reduce risk, cycle times and costs across its development and testing cycles.
Westpac’s chief of technology, Bob McKinnon, said that the bank has been working with Cisco, EMC and VMWare to build a local private cloud for testing and development.
The bank says that a major advantage of the cloud is that it enables the quick provision of new processing capacity and the cost savings associated with avoiding capital expenditure for new internal technology projects.
iTKO says its technology eliminates the dependencies on constrained systems and provides the necessary visibility into architectural changes that hamper communications between development and testing organisations.
Marcello Martino, head, testing, environments, and change CoE, technology global solution delivery, ANZ, said that after an evaluation process that considered our existing technologies and future IT objectives, ANZ ultimately decided that iTKO's complete Lisa Suite would reduce risk, cycle times and costs across its development and testing cycles.
Westpac’s chief of technology, Bob McKinnon, said that the bank has been working with Cisco, EMC and VMWare to build a local private cloud for testing and development.
The bank says that a major advantage of the cloud is that it enables the quick provision of new processing capacity and the cost savings associated with avoiding capital expenditure for new internal technology projects.
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