blog Just when you thought Australia’s banks and the banking ecosystem in general were making some headway in their acceptance of cloud computing technologies, international regulators throw a spanner in the works. iTNews reports today (we recommend you click through for access to the full article) that the Monetary Authority of Singapore has forced the hand of ANZ Bank when it comes to cloud computing:

“ANZ will move certain businesses off a Salesforce customer relationship management (CRM) system under a group-wide cloud computing policy established late last year.”

It’s this kind of regulatory policy which cloud computing players like Amazon, Salesforce.com and Google will be fighting for the next decade as they continue to push into the financial services and public sectors, which are notoriously anti-public cloud. One can’t help but wonder what Bank of Queensland’s view on this situation would be, given it just last month revealed it’s deploying Salesforce.com.

Image credit: Salesforce.com

Tweet

1. Tinman_au
   Posted 29/11/2012 at 12:32 pm | Permalink | Reply

   It’s difficult to make sure data held in off-shore databases is covered adequately by the foreign laws of where that data is held, and the public sector has a duty of care when it comes to things like privacy and security.

   i think the cloud companies should have looked at initially starting up national level clouds to get people and laws used to the idea, before jumping in “balls and all” with forcing companies/education/medical/etc to deal with things like “How does the Patriot Act effect our data being held in the US cloud?”.

• • Topic
  • Voices
  • Posts
  • Freshness
• • 77TB a month on fibre

    Started by:  Karl in: General telecommunications

  • 1
  • 1
  • 8 hours, 30 minutes ago

     Karl

  • Malcolm Turnbull, Time Traveller

    Started by:  quink in: Everything else

  • 2
  • 4
  • 1 week ago

     Karl

  • Article on 'Ultraviolet'

    Started by:  ray73864 in: Everything else

  • 2
  • 2
  • 1 week, 3 days ago

     Karl

  • Surface sells out … of its tiny amount of stock?

    Started by:  Renai LeMay in: Gadgets

  • 4
  • 4
  • 1 week, 4 days ago

     douglasrose

  • Coalition fraudband plan summary…

    Started by:  Hubert Cumberdale in: National Broadband Network

  • 4
  • 5
  • 2 weeks, 3 days ago

     JamesH1

  • NBN Is A Question Of Reliability

    Started by:  JamesH1 in: National Broadband Network

  • 1
  • 1
  • 2 weeks, 3 days ago

     JamesH1

  • Renai asked:

    Started by:  Tinman_au in: National Broadband Network

  • 1
  • 1
  • 2 weeks, 3 days ago

     Tinman_au

  • What Happened to Whirlpool posts

    Started by:  MikeK101 in: Everything else

  • 2
  • 2
  • 1 month ago

     Bob.H

  • Conroy/Turnbull NBN Debate Next Week

    Started by:  zephram in: National Broadband Network

  • 1
  • 1
  • 1 month ago

     zephram

  • Blocked from posting? Let me know

    Started by:  Renai LeMay in: Everything else

  • 2
  • 2
  • 1 month ago

     Abel Adamski

  • Falsehoods of the day

    Started by:  Karl in: National Broadband Network

  • 4
  • 5
  • 1 month, 2 weeks ago

     Anonymous

  • Is IBM selling its Network Services Division to Telstra?

    Started by:  Renai LeMay in: Everything else

  • 1
  • 1
  • 1 month, 2 weeks ago

     Renai LeMay

  • 10 Terabit NBN plan? Yes please :)

    Started by:  daniel996 in: National Broadband Network

  • 2
  • 2
  • 1 month, 3 weeks ago

     Karl

  • Renai (or anyone else?): List of working tags?

    Started by:  Tinman_au in: Everything else

  • 3
  • 6
  • 2 months ago

     midspace

  • Receiving spam from "OEMSoftware Newsletter"?

    Started by:  Renai LeMay in: Everything else

  • 4
  • 4
  • 2 months ago

     midspace

•