Wells Fargo lays foundation for public cloud transformation

The financial firm is poised to launch a 10-year journey to overhaul its operations around a hybrid private and public multicloud architecture powered by Microsoft Azure and Google Cloud Platform.

Wells Fargo lays foundation for public cloud transformation
Magdalena Petrova

Like many top financial firms, Wells Fargo is taking a slow and steady path to the public cloud.

Its ambitious, 10-year transformation to the public cloud will begin in early 2022, a migration that will include a hybrid private and public multicloud architecture powered by Microsoft Azure and Google Cloud Platform, as well as third-party data centers, according to Christopher Marsh-Bourdon, head of hybrid environments and technology infrastructure at Wells Fargo.

“In 2022, we will start deploying applications into the public cloud on US soil,” says Marsh-Bourdon. “We have a private cloud, and a number of flavors of different private clouds based around open source technologies such as Kubernetes.”

Due to concern over the risk of having customers’ monetary assets stolen by hackers, financial companies have been among the last to embrace the public cloud. Thus, a key part of Wells Fargo’s cloud transformation has been an emphasis on security.

“Confidentiality and security is extremely important to us — the basis of our cloud strategy — and baked in from the get go. Security has a huge impact and it’s so important we get that right before we make the move,” Marsh-Bourdon says.

To continue reading this article register now

Download CIO's Roadmap Report: 5G in the Enterprise