Fidelity Investments Brokerage Is Investing in OpenStack for Private Clouds

Grazed from VirtualizationReview. Author: Jeffrey Swartz.

The large brokerage firm Fidelity Investments is running private clouds based on the OpenStack open source environment with an eye toward eventually bursting to public Infrastructure as a Service (IaaS) clouds. Kevin Finn, group technology VP at Fidelity, on Wednesday gave the nod to the company’s OpenStack initiative at the GigaOM Structure conference during an onstage interview with Rackspace CTO John Engates. Also on the panel was Jim O’Neill, CIO of HubSpot, a marketing services startup that is using OpenStack for private clouds.

While Finn didn’t provide significant detail about Fidelity’s OpenStack implementation, he indicated it was still early on. Finn did say Fidelity has participated in the open source collaboration efforts of the OpenStack Foundation and has attended its summits, the most recent one being held in Portland back in April…

"The OpenStack relationship is important because we like the community behind it and the broad support," Finn said during the panel discussion, which was webcast and is available on demand. "Right now it’s geared more toward the public cloud space but we think there’s an opportunity to possibly collaborate with other enterprises to deliver on these capabilities that we all need, like integration to back end common core systems."…

Read more from the source @ http://virtualizationreview.com/blogs/the-schwartz-cloud-report/2013/06/fidelity-investing-in-openstack.aspx