BoE seeks partner to build public cloud environment

Central bank prepares for “step change” in IT infrastructure

Bank of England night Getty 174788162

The Bank of England is looking for a partner to help it design and build the systems needed to allow staff to tap into public cloud services.

The BoE says it wants to tap into the flexibility of cloud services in terms of both platforms and infrastructure as a service (PaaS and IaaS).

The public cloud allows services such as processing power and artificial intelligence tools to be delivered over the internet. It allows users to rapidly scale computing power to their needs, but central banks

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