Welcome back to this new edition of Apac CIO Outlook !!!✖
December 20198 BPAY Group has spent more than two decades at the heart of a digital payment revolution, processing millions of digital, phone and online transactions. That success has been underpinned by trusted technology, but in 2015 we were facing aging infrastructure and the prospect of needing to invest in dated self-managed data centres. It was also a time to overhaul our technology platforms as BPAY Group began developing another innovation: an Australian-first real-time payment system, Osko, which allows Australians to transfer money in seconds with rich data capabilities.We decided against replacing our self-managed data centres and began searching for a private cloud partner, which would save substantial costs and allow us greater business agility and product flexibility.This was no small decision. BPAY provides services to more than 165 financial institutions and service providers and has a reputation for providing seamless, reliable payment services including bill processing. We needed to transform and migrate 117 core business and corporate applications into a private cloud without missing a beat.We ultimately selected a local partner with a proven track record who could meet our current and future requirements. We started our multi-stage project in June 2016, with the first stage comprising a range of technology experiments with the new platforms and transformation/migration of lower risk applications, completing within 12 months. The more complex second stage of our technology overhaul then began, transforming, upgrading and migrating 30 business-critical systems to new technology services, migrating critical bank network links to new services, building a new office continuity site at St Leonards, and decommissioning two data centres. Security and trust are fundamental to our reputation for reliably processing 1.6 million payments daily. We took an unapologetically conservative approach, based on a detailed business case that allowed for extensive testing, ample resourcing, and minimal impact to BPAY services and its customers. Along the way we decided to adopt a hybrid cloud approach with a blend of public and private cloud services as well as directly owned and managed platforms. This approach enabled choice and the ability to operate within BPAY Group's risk tolerance, with a focus on data protection, service availability and software licensing risk management. BY ANGELA DONOHOE, CHIEF INFORMATION OFFICER, BPAY GROUPBUILDING BPAY GROUP'S NEW DIGITAL FOUNDATION ANGELA DONOHOEIN MY V EW < Page 7 | Page 9 >