Oracle Cloud: A discussion about public cloud, dedicated regions and Alloy | Computer Weekly
Summary
It has moved its retail brokerage accounting system to OCI Dedicated Region to scale the offering and help ensure maximum availability. The accounting system provides back-office support to more than 70 brokerage firms and banks that manage hundreds of millions of trades a day. Unlike other public cloud providers, where scale is a measure of the footprint of the regions they operate in, Oracle has a different scalability challenge. When asked about Oracle’s approach to keeping costs down, Vincent says its wants to minimise the overhead, which means running the least number of server racks. • HSBC selects Oracle’s Cloud@Customer service to upgrade and migrate some of its database systems as part of its digital transformation.
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