Resources
See latest market commentary »
When it comes to cloud computing SunGard is 'all in'.

When it comes to cloud computing SunGard is 'all in'.

Source:

Finextra recently sat down with Clare Porter, senior vice president of the Infinity unit and Scott Coffing, COO of SunGard's Corporations Business. The video includes excerpts of an interview with Porter and Coffing where they discuss the vendor's 'private cloud' and ecosystem offerings and what 'Software-as-a-service' really means.

SunGard is now positioning itself as a central communications hub between banks, corporations and other trading partners with the launch of a technology 'ecosystem' linking users of its AvantGard treasury management system. Coffing says that SunGard plans to partner with smaller technology firms, sort of like Apple's app store for the iPhone, in order to offer a range of new applications to members of the ecosystem.

SunGard's recently unveiled 'private cloud' service in the UK provides a platform for its Software-as-a-Service offerings. The new service will be delivered on a shared infrastructure operating across SunGard's network of UK technology centres, offering a fully managed enterprise IT infrastructure with an emphasis on resilience and security - both physical and virtual, says the vendor. Porter comments that any efficiencies and cost savings realised by cloud computing have to be viewed in context of long term goals.

Comments: (0)

sponsored

Market Commentary resources
See all Market Commentary resources »
Why big data matters: using smart data and artificial intelligence to enhance FX trading
/market commentary

Why big data matters: using smart data and artificial intelligence to enhance FX trading

CLS provides its view on the importance of big data and AI to FX and FX trading in an era of digital innovation that is transforming the financial services industry.

Transformation and innovation
/market commentary

Transformation and innovation

Santander and TheCityUK, with support from law firm Shearman & Sterling, present a guide to partnerships between banks and fintech firms.

Big tech eyes up banking
/market commentary

Big tech eyes up banking

Mark Rodrigues, senior adviser at New York-based M&A advisory firm Arma Partners, analyses the prospect of Google, Amazon, and other large-cap tech players making acquisitions to establish themselves as dominant forces within the financial services sector