Deutsche Börse launches marketplace for trading outsourced storage and computing capacity

Deutsche Börse today announced that it will launch a trading venue for outsourced storage and computing capacity – so called “cloud computing” resources – in the beginning of 2014: Deutsche Börse Cloud Exchange AG is a new joint venture formed together with Berlin-based Zimory GmbH to create the first neutral, secure and transparent trading venue for “cloud computing” resources.

The primary users for the new trading venue will be companies, public sector agencies and also organisations such as research institutes that need additional storage and computing resources, or have excess capacity that they want to offer on the market.

“With its great expertise in operating markets, Deutsche Börse is making it possible for the first time to standardise and trade fully electronically IT capacity in the same way as securities, energy and commodities,” said Michael Osterloh, Member of the Board of Deutsche Börse Cloud Exchange.

As the first international, vendor-neutral marketplace of this type, Deutsche Börse Cloud Exchange will set and monitor standards regarding the product offering, admission procedure, changes of provider and guaranteed purchased capacity. Clients will be able to choose capacity providers freely, as well as select the jurisdiction that will apply to the outsourced data. The product offering will initially include outsourced storage capacity and computing power.

Product standards and technical provision will be developed in close cooperation with potential marketplace participants and related parties. These parties include representatives from the traditional IT environment, national and international SMEs, and large corporations from a wide range of industries, such as CloudSigma, Devoteam, Equinix, Host Europe, Leibniz- Rechenzentrum, PROFI AG, T-Systems and TÜV-Rheinland.

„The cloud marketplace of Deutsche Börse offers companies a further choice to purchase top secure and tested cloud-services from T-Systems. Due to the high level of standardization this will all be done with great speed and efficiency and with up-to-date prices”, said Frank Strecker, responsible for the cloud business of T-Systems.

Founded in May 2013, Deutsche Börse Cloud Exchange AG is a joint venture of Deutsche Börse and Zimory, a Berlin-based specialist in cloud management that ensures that the users connected to the marketplace have easy access to the cloud capacity they have purchased.

You may want to watch the replay of the press conference here www.dbcloudexchange.com/en-uk/infomaterial

About Deutsche Börse Group
Deutsche Börse Group is one of the world’s leading service providers for the financial industry with a product and service offering for issuers, investors, intermediaries and data vendors. The Group covers the entire process chain from trading through clearing to settlement and securities custody. Furthermore, Deutsche Börse offers market data, indices and analyses and is a service provider for the development and operation of IT systems.
The key markets within the Group are the Frankfurt Stock Exchange, one of Europe’s largest stock exchanges, and Eurex Exchange, one of the largest derivatives exchanges in the world.
Deutsche Börse Group includes Deutsche Börse AG, a DAX company, and its wholly-owned subsidiaries Clearstream International S.A. and Eurex Zürich AG. Eurex’s portfolio of markets includes International Securities Exchange (ISE), a leading U.S. options exchange, the European Energy Exchange (EEX) as well as the ECNs Eurex Repo and Eurex Bonds, which round out Eurex’s offering for repo and bond trading. Cash market activities and the market data business are run as business areas of Deutsche Börse AG.

About Zimory
Zimory provides heterogeneous, independent IaaS cloud management software for private, public, hybrid and database clouds. Zimory is working with leading service providers, enterprises and governments due to its proven security and carrier-grade quality. Its software enables enterprises to build a cloud infrastructure that suits their demand, in terms of costs, performance, quality and security. For Cloud Service Providers they offer a competitive IaaS cloud service within a couple of days.
Zimory was founded in 2007 and is headquartered in Berlin, Germany. Zimory also has offices in Erfurt, Germany and Minsk, Belarus.