DBS Bank Partners With Equinix To Launch New Cloud-based Data Centre In Singapore

DBS Bank has collaborated with data centre provider Equinix to launch a new cloud-based data centre in Singapore.

Under the deal, Equinix will convert one of DBS Bank’s traditional data centres into a cloud-optimised centre.

The step will enable the bank to move its main data centre to smaller premises, which will be about quarter of the size of its existing data centre.

The partnership with Equinix will also help DBS to enhance its cloud infrastructure and improve its ability to be more agile and scalable.

DBS is planning to transform 50% of its compute workload to the public cloud by 2018. In 2016, the bank introduced cloud partnerships with Amazon Web Services and Pivotal Cloud Foundry for better services.

The banking is working to digitally transform all of its applications ranging from client facing functions to backend processes.

It also deployed Microsoft’s cloud-based productivity technology, Office 365, in a bid to help its employees to improve efficiency and productivity.

At the starting of this year, DBS introduced Singapore’s first green bond and is the first Asian bank to have its global international express shipments carbon neutral

DBS Group chief information officer and technology and operations head David Gledhill said: “By being a leader in adopting cloud technologies, DBS can deliver more customer value through our ability to experiment and scale quickly.

“Our teams are able to iterate and deliver products to our customers at a much faster rate, while adhering to the highest standards of security and resiliency.”

Image: DBS corporate headquarters at Marina Bay Financial Centre Tower 3 in Singapore. Photo: courtesy of Nicolas Lannuzel.