Credit Suisse launches DynamicOps

3 June 2008

Credit Suisse has launched DynamicOps, an independent company to market its Virtual Resource Manager (VRM) virtual infrastructure management application. 

The investment bank first deployed a virtual infrastructure in 2005, and realised that while virtualisation improved resource utilisation and business agility, it also increased operational complexity. VRM was initially developed by the Credit Suisse Global Research and Development Group. It has been in production for more than two years and manages thousands of virtual desktops and servers at multiple Credit Suisse data centres in four locations worldwide.

Based on open technologies like Web services, Microsoft .NET 3.0 Framework, and Windows Workflow Foundation, VRM provides out-of-the-box policies, workflows and provisioning templates which can be customised to each company’s unique environments.

“In the case where self-provisioning for virtualised servers has been deployed, VRM enabled us to reduce our provisioning lead times from weeks to minutes,” said Stephen Hilton, managing director for enterprise servers and storage at Credit Suisse. “This has resulted in more efficient server utilisation and lower capital costs. An additional benefit is the dramatic improvement in our ability to respond rapidly to business needs.”

“VRM has made desktop virtualisation a win-win situation for Credit Suisse,” said Brad Novak, managing director of end user platforms, Credit Suisse. “We are able to improve the user experience through rapid service delivery, while maximising the operational return on investment through automation and standardisation.”

“Forming DynamicOps provides Credit Suisse with the opportunity to realise a return on its software investment, as well as properly form and fund a software organisation that can help meet the company’s current and future technology needs while we continue to roll out our dynamic data centre vision,” said Karl Landert, CIO at Credit Suisse.