The Doppler Quarterly Winter 2019 | Page 17

Pelizzoli: The technology is still way out in the front. The regulators have a lot on their plates. We can start moving, as long as we adhere to all the regulations, but the regula- tions between countries and within some countries will con- tinue to have a lagging effect. That being said, you are beginning to see governments understand how sanctions occur, and they want their own networks within their own borders. Those are the types of things that require a full-fledged payments network that predated the public Internet, to begin to gain certain new features, functions and capabili- ties. We are now basically having to redo that pay- ments-grade network. Gardner: Robert, the technology is highly capable. We have a major player like Mastercard interested in solving their new globalization requirements using cloud. What can help close the adoption gap? Does hybrid cloud help solve the logjam? Christiansen: The regionalization issues are upfront, if not the number one requirement, as Paolo has been talking about. I think about South Korea. We just had a meeting with the largest banking folks there. They are planning now for their adoption of public cloud, whether its Microsoft Azure, Amazon Web Services (AWS) or Google Cloud. Prior to January 1, 2019, the laws prohibited public cloud use for financial services compa- nies, so things are changing. So you may see more use of things like OpenShift or Cloud Foundry’s Pivotal platform, and some overlay that allows folks to take advantage of that so that you can push down an appliance, like a piece of equipment, into a specific territory. I’m not certain as to the cost that you incur as a result of adding such an additional local layer. But from a rollout per- spective, this is an upfront conversation. Most financial organizations that globalize want to be able to develop and deploy in one way while also having regional, localized on-premises services. And they want it to get done as if in a public cloud. That is happening in multiple regions. Gardner: Paolo, please tell us more about International Real-Time Payments. Are you set up specifically to solve this type of regional-global deployment problem, or is there a larger mandate? What’s the reason for this organization? Pelizzoli: Mastercard made an acquisition a number of years ago of Vocalink. Vocalink did real-time automated clearing house (ACH) payments for the United Kingdom. Because it’s nationally critical infrastructure, and it’s bank- to-bank ACH, we have extended the capabilities. We can go through and perform the same nationally critical functions for other govern- ments in other countries. Most financial organiza- tions that globalize want to be able to develop and deploy in one way while also have regional, localized on-premises services. And they want to get it done as if in a public cloud. There is lot of that kind of thing going on around the globe. The strategy seems to be very focused on making the compute, network and storage localized and region- alized. And that’s going to require technology grounding in some sort of connectivity across on-premises and public, while still putting the proper security in place. Vocalink has now been inte- grated into Mastercard, and Real-Time Payments will extend the ACH, or the instant check function, alongside the debit/credit loyalty gift kind of mechanisms that Mastercard has been traditionally known for. I absolutely agree that you want to develop one way and then be able to deploy to mul- tiple locations. As hybrid cloud has arrived, with the advent of Microsoft Azure Stack and, more recently, AWS’s Out- posts, it gives you the cloud inside of your data center with the same capabilities, the same consoles and the same scripting and automation, etc. WINTER 2019 | THE DOPPLER | 15