This paper explores the extent to which public cloud computing is in fact being used in practice by banks operating in the EU, including global banks. It is based primarily on anonymised interviews with banks, cloud providers, advisers, and financial services regulators. This paper describes how...

Adoption of cloud-based systems has been relatively modest — regardless of significant marketing push by major public cloud providers. The cloud-based model utilizes distributed information technology services accessible over networks. The networks can be internal part of organizations'...

Cloud computing adoption by organizations has been minor despite the initial optimism. The primary concerns obstructing adoption of cloud-based services are security, loss of control, and inadequate legislative. In a cloud-based model, information technology services are distributed and accessed...

Even if in a typical organization, where applications are deployed within the organization's perimeter, the "trust boundary" is mostly static and is monitored and controlled by the IT department; with the adoption of cloud services, the organization's trust boundary will become dynamic and will...

Even if in a typical organization, where applications are deployed within the organization’s perimeter, the “trust boundary” is mostly static and is monitored and controlled by the IT department; with the adoption of cloud services, the organization’s trust boundary will become dynamic...

Research into computing resource markets has mainly considered the question of which market mechanism provides a fair resource allocation. It has not been discussed how a large variety of resource types influences the liquidity of resources in the market. Markets containing large numbers of...

Based on the promising developments in Cloud Computing technologies in recent years, commercial computing resource services (e.g. Amazon EC2) or software-as-a-service offerings (e.g. Salesforce.com) came into existence. However, the relatively weak business exploitation, participation, and...

This paper presents the design and implementation of the GridEcon Marketplace. In addition to supporting a market mechanism for trading computing resources on a pay-per-use basis, this marketplace also provides an environment for integrating value-added support services. These value-added...

Within this paper, we present the GridEcon Platform, a testbed for designing and evaluating economics-aware services in a commercial Cloud computing setting. The Platform is based on the idea that the exact working of such services is difficult to predict in the context of a market and,...

Cloud computing aims at allowing customers to utilize computational resources and software hosted by service providers. Thus, it shifts the complex and tedious resource and software management tasks typically done by customers to the service providers. Besides promising to eliminate these...