German investment bank Deutsche Bank has completed the first phase of its migration to the cloud. The firm decided to adopt the new technology as a way of streamlining internal application development.

It is hoped that the cloud computing infrastructure will help the bank’s developers boost the turnaround of software creation. The cornerstone of the move is the ability for developers to create and deploy virtual environments across an array of operating systems – including Microsoft and Linux environments.

Speaking to Computerworld UK, Alistair McLaurin, at Deutsche Bank’s global technology engineering arm, said that the organisation hoped that by creating “radically different” infrastructure and “challenging the assumptions around what centrally provided IT services could be and how much they must cost” the firm could forge ahead with aggressive standardisation.

Recently, a report from the Dell ‘Oro Group showed that businesses were increasingly happy to migrate their IT systems to the cloud and that vendors are continuing to consolidate their infrastructure offerings.