IDRBT Community Cloud for Indian Banks

Cloud computing is a promising technology that provides various services to the customers on demand over Internet. The ease of this technology is increasingly expanding in almost all the industries across the globe for its resulting benefits. Several organizations including BFSI Sector, want to adopt Public or Private Cloud services, but due to several security challenges posed by this emerging technology, these organizations hesitate to try Cloud services by external providers. A Community Cloud can possibly be a solution where the Cloud services are meant for organizations having common objectives and security controls. To furnish Cloud services to such likeminded organizations in India, IDRBT (Institute for Development & Research in Banking Technology, established by Reserve Bank of India) has setup a pilot approach in building Community Cloud for the Indian Banks to provide Infrastructure as a Service. In this paper, we present the IDRBT Community Cloud approach for Indian banks along with implementation details, High Level Architecture, Disaster Recovery Plan, Application Assessment before deploying on Cloud, Network Solutions and Future Work.