The Indian Banking Community Cloud

Cloud computing provides flexibility and agility to meet growing business needs in a dynamic and competitive landscape. Banking, financial services, and insurance sector organizations are interested in exploring cloud services as a technology, provided that security and privacy are ensured. One solution is a community cloud, in which cloud services are targeted for organizations with common objectives and security controls. The Indian Banking Community Cloud (IBCC) initiative of the Institute for Development and Research in Banking Technology in Hyderabad, India, provides cloud-based services exclusively for Indian banks. In this article, the authors describe the IBCC architecture, along with its implementation details, cloud services offered, security and disaster-recovery aspects, deployment challenges, and future work. This article is part of a special issue on advancing cloud computing.