The bank, largest in Europe, transfers IT infrastructure to clouds of Amazon and Google to save

In the middle of July, 2020 it became known that the HSBC bank, largest in Europe, transfers IT infrastructure to clouds of Amazon and Google for the purpose of increase in flexibility, cost reduction and increase in trust to opportunities of cloud computing.

HSBC, as well as most large banks, faced serious problems in the market at the beginning of a year - profit for the first three months of year dropped by 49%. Didzhitalization of bank became a basis of the large-scale restructuring designed to create "more powerful and economic business" as the CEO Noel Quinn said.

For achievement of these purposes of HSBC will use Amazon Web Services, including computing powers, storage, databases, analytically opportunities, machine learning and security aids, "for development of new digital products and support of standards of security to provide with personal banking services millions of clients worldwide".

The bank, largest in Europe, transfers IT infrastructure to clouds of Amazon and Google

Since 2019 the HSBC bank already actively uses cloud services of Google which performed already 6500 operations of extraction, conversions, loadings and submitted more than 2500 reports. The director of technologies and the Chief information officer on digital technologies of HSBC Dinesh Keswani explained that cooperation with cloud services will help bank "to provide quicker to clients the innovative bank solutions". The bank undertook to invest about $17 billion in development of technologies within the next three years.

HSBC will make Amazon Web Services technologies available in all directions of business of bank, starting with the addresses to clients and upgrade of applications in division of Global Wealth & Personal Banking. Kesvani is sure that this step will allow "stimulate innovations, automate key processes and increase operational efficiency".^[1]

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