Optimizing Infrastructure-as-a-Service (IaaS) solutions to achieve agility, scalability, and resilience in financial IT systems

Cloud Computing is a technological revolution impacting a vast cross-section of the world’s economy, especially forms of Information Technology outsourcing. Specifically, Infrastructure-as-a-Service in Financial IT Systems, is the providing virtual computing infrastructure dedicated to facilitate businesses dealing with financial transactions such as government banks, private banks, non-banking financial companies, and online transaction platforms. IaaS empowers financial companies with scalable and flexible choices of infrastructure/devices, lowering costs for organizations with unpredictable usage patterns and at the same time highly enhancing reliability by providing services in a centralized manner, focusing on uptime as well as security of computing resources. Consequently, this paper seeks to outline the optimization process for sizing IaaS infrastructure in Financial IT Systems while dealing with financial projects and business scenarios.