Singapore’s DBS Bank has teamed up with US-based data centre provider Equinix to transform one of its traditional data centres in Singapore into a cloud-optimised centre.

The bank said that the transformation will allow it to move its main data centre to smaller premises, which is a quarter of the size of the existing facility.

The move will also result in 75% reduction in operational expenses and will boost energy efficiency by at least 10 times, DBS said. The bank intends to shift 50% of its compute workload to the public cloud by next year.

DBS group chief information officer and head of technology and operations 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.

“With the new cloud data centre, we are able to significantly increase our energy efficiency as well as drastically reduce our carbon footprint.”

The latest partnership with Equinix follows on from the bank’s cloud partnerships with Amazon Web Services (AWS) and Pivotal Cloud Foundry last year. The bank also tapped Office 365, Microsoft’s cloud-based productivity technology.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData