ING Direct bets big on private cloud

Online bank moves all its systems, including the critical core banking applications, to a cloud environment.

Online bank ING Direct has planted its tech operations entirely into a private cloud, transferring hundreds of applications and setting up to use public cloud in the future.

ING Direct has no bricks-and-mortar branches and has built up to 1.5 million customers here by offering cheap-to-maintain savings accounts and ­aggressive loan rates on home mortgages sold through ­brokers.

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