Intel? Xeon? Processor E7 Family
Private cloud enhances financial enterprise
ICBC Credit Suisse elevates business vitality with an enterprise private cloud computing platform powered by Intel?
Virtualization Technology (Intel? VT)
As one of the fully licensed companies in China’s fund management industry, ICBC Credit Suisse has
made great achievements since its establishment. Its assets under management (AUM) have now
reached 100 billion Yuan after seven years of rapid development. Its 12-member IT team manages more
than 300 products for over five million customers. As its clientele continues to grow, the IT department
wanted to ensure that the system remains stable and operates normally during trading hours. With
this goal in mind, ICBC Credit Suisse’s IT department aims to constantly use and update information
technology to maintain its operation’s vitality.
? Improve business operation flexibility. Optimize computing resource allocation and shorten
the cycle from development testing to normal business operation.
? Increase computing resource utilization rate. Make full use of computing resources to
improve utilization rate during non-trading hours and when the server’s capacity is greater than the
actual application requirements.
? Reduce cost of IT management. Find a new IT resource management system to reduce the
cost of managing physical servers.
? Build an enterprise private cloud computing platform. Deploy 300 servers running on Intel?
Xeon? processor E7 family to build a cloud-based data center.
? Utilize Intel VT. Implement virtual machine deployment and management based on standardized
templates and allow application not to bind together with the physical servers.
? Improved business operation flexibility. With the computing resource allocation cycle time
sharply reduced, provisioning of development, testing and deployment computing resources are
fulfilled within a few minutes. The application can be transferred to a better-performing server
without business interruption, thus improving business operation vitality.
? Fully utilized data center computing resource. With Intel VT, ICBC Credit Suisse is able to
fully utilize and manage its idle computing resources. Accordingly, the data center has become more
energy-efficient and environment-friendly.
? Reduced IT management costs. Implementing a virtualized platform has unified server management,
providing scheduling flexibility and allowing each IT team member to manage 100 servers with ease.
Improved IT management efficiency has therefore reduced the cost of IT management.
Expanding business puts pressure on IT management
Since its establishment in 2005, ICBC Credit Suisse’s business scope has developed rapidly. From
operating equity and mutual funds, it now offers nearly 300 financial products and services to the
Chinese marketplace. The company owes its continuous expansion to its ability to effectively utilize
information technology to efficiently serve its clientele. It needed to ensure that it was using the
most updated information technology tools to ensure its continuous expansion.
With the growth of ICBC Credit Suisse’s business, the IT Infrastructure needs to be expanded in
tandem. The number of servers in ICBC Credit Suisse had grown from a few, to 300 in 2011. For an
IT team composed of only 12 employees, it became increasingly difficult to manage and maintain so
many servers without compromising normal business operations.
The company has been facing challenges on product development cycle time. The rule of thumb has
always been the shorter the time from the product development to the launch and operation, the
better the company’s business operations.
“The time for the development and testing of our application consumes about 15 days. However,
from server procurement to the installation of the operating system, and to the configuration of the
“By building an enterpris