Nykredit enters the cloud with Azure
Today, Nykredit has a hybrid Data Warehouse, something on-premise and something in the cloud. But according to Per Vestergaard, the goal is for the whole of Nykredit’s data platform to be in the cloud in the long run. They have decided to move forward with Microsoft Azure as platform, and they will use a large part of the other services that Azure contains.
There are several reasons why Nykredit has chosen Azure as their data platform, Per Vestergaard says:
“Because we are in the financial industry, there are a number of compliance rules and regulatory requirements that we have to live up to. And Azure is the best in the market to handle those requirements. In addition, Microsoft is large in Denmark, so there are strong competencies in the market that can help us develop Azure. Last but not least we tap into an extreme muscle of innovation, where thousands of people work to develop the platform so that it is constantly updated on the latest technologies in for example AI and Machine Learning. ”
Jakob Hyttel-Sørensen continues:
“We get a platform that addresses many of the things we have to deal with in everyday life, if we are to be successful. The goal is ultimately the business gains, but along the way everything from a scalable and reusable data foundation to operational considerations such as access control, version control and model monitoring are something we have to address. It’s all something Azure contains, and therefore we get a future-proof platform. ”