SBI to in­tro­duce BaaS

Banking Frontiers - - Project Pipeline -

State Bank of In­dia is go­ing to im­ple­ment what it de­scribes as a green­field so­lu­tion - Backup as a Ser­vice (BaaS). The project will be steered by the bank’s Pri­vate Cloud Man­age­ment, which is called SBI Megh­doot Cloud. It will be a cen­tral­ized backup so­lu­tion to cater to the ap­pli­ca­tion team’s data backup, archival and re­ten­tion re­quire­ments. The so­lu­tion will be im­ple­mented in 2 stages - phase 1 will see all the ap­pli­ca­tions hosted in cloud in­fra­struc­ture and phase 2 will see the ex­ten­sion of the fa­cil­ity as a ser­vice to other ap­pli­ca­tions which are de­ployed out­side the bank’s cloud, on phys­i­cal servers, at the group level. The pro­posed so­lu­tion will have en­cryp­tion method­olo­gies to pro­tect the in­tegrity and con­fi­den­tial­ity of data and de-du­pli­ca­tion with com­pres­sion for op­ti­mal uti­liza­tion of space. SBI Megh­doot Cloud has its op­er­a­tions in the bank’s 2 data cen­ters in Mumbai and Hyderabad. It is now us­ing a com­bi­na­tion of snap­shot based im­age backup for all VMs and EMC Net­worker / Data Do­main (DD) So­lu­tion for file level backup and re­cov­ery for few ap­pli­ca­tions.

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