NTT Data is building a mainframe cloud for banks

NTT Data is building a mainframe cloud for banks

HomeNews, Other ContentNTT Data is building a mainframe cloud for banks

The mainframe has found a different role, thanks to Japan's IT services giant NTT Data which has decided to build a hybrid cloud service based on the IBM LinuxONE platform.

Digital Horizon: The technology shift in banking from mainframe to AI-driven cloud

The service is called SimpliZCloud, and will currently only be offered to financial services players in India.

NTT Data envisions it will be useful for workloads found in core banking, lending and risk management applications, enabling the consolidation of compute resources and budgets.

“As companies consolidate their workloads, they will be able to reduce their data center footprint, leading to higher sustainability,” NTT Data claimed, trumpeting performance that will beat x86 servers – “especially” in terms of enterprise software license costs and running AI/ ML apps.

NTT Data is building a mainframe cloud for banks.
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