CLOUD COMPUTING IN A CONSERVATIVE GERMAN BANK – STILL A LONG WAY TO GO?

Tuesday, September 29, 2015, 09:45 am – 10:30 am, Room "Platinum 1"

Dr. Jan Vitt

Dr. Jan Vitt

Head of IT Infrastructure, DZ Bank

In order to address the IT needs of the various business divisions of DZ BANK, the bank's IT division has gradually developed an industrial approach in offering their services. That way economies of scale help to reduce costs, and fixed costs are transformed into variable costs. Cloud Computing as offered by professional providers like Microsoft, Amazon etc. would potentially help to pursue these goals. However, we take a cautious approach to using those services. Data security is an issue. Furthermore, regulatory authorities such as the European Central Bank and the German Bafin have made IT-outsourcing less attractive. This applies especially to cloud computing. Today, DZ BANK internally operates several private cloud services. There are also some public cloud services that the bank uses. These two areas are our starting points to further evaluate next steps and future possibilities in cloud computing.

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Dr. Jan Vitt received a masters degree in computer science at the University of Kiel/Germany in July 1995. In March 1998 in Kiel, he got his doctor's degree in technology management. He started his career as a management consultant with a focus on the telecommunications industry, mostly doing project work at the interface of IT and business divisions. After that he accepted a sales position for an IT solution provider selling to the communications and media industry. For the last seven years, he has been responsible for the internal IT operations activities of DZ BANK. In this position he is in charge of the bank's data center facilities, operations of servers, computing platforms and esp. the infrastructure for desktop services. Not only does his staff support the bank's projects, but also puts emphasis on adopting technological innovations.