Category Archives: BofA
AMAX Helps Financial Services Market Converting Data Centers to OCP Wall Street Rethinking Data Center Hardware
AMAX Centurion is based on the Decathlete spec, but with the option of being configured with NVMe flash storage, high speed networking and high performance CPUs for a risk analysis, financial forecasting and modeling platform, as well as serving as an OpenStack and Hadoop platform. At 2015 OCP Summit, Bank of America along with Capital One and JPMorgan Chase announced their intentions of adopting OCP into their own data centers.
The Open Compute Project, which seeks to create an open source server and switch ecosystem, is still an unproven concept to many enterprise IT managers. But it’s clear after the Open Compute Summit 2015 last week in San Jose that more of the financial industry has been adopting Open Compute than previously indicated. The Bank of America told The Wall Street Journal the day before the conference opened that it wants to convert its data center infrastructure into one like Facebook’s and that of other Web-based giants. Facebook launched the Open Compute Project in 2011 by making its designs for data center servers open source, so that any manufacturer could use them to build products.
Bank of America is taking a cue from Facebook‘s infrastructure playbook with a transition to Open Compute and software-defined technologies, the Wall Street Journal reported. The company is shifting most of its workloads to a software-defined data center setup. This is a perfect example of the widespread change and reform occurring within enterprise IT. The company moved the majority of backend systems to the cloud a few years ago and wants 80 percent of systems running in software-defined data centers within three years.