Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Technology > Next-gen HPC Delivers Sustainability, Efficiency, and Lower TCO
    Technology

    Next-gen HPC Delivers Sustainability, Efficiency, and Lower TCO

    Next-gen HPC Delivers Sustainability, Efficiency, and Lower TCO

    Published by Jessica Weisman-Pitts

    Posted on July 15, 2022

    Featured image for article about Technology

    A BNP Paribas, atNorth, and Dell Technologies collaboration deploys HPC with 50% less energy usage, 85% less CO2 output, and lower TCO.

    “BNP Paribas has demonstrated that an environmentally responsible strategy can have both cost benefits and increase solution performance. We are very proud to be a part of the Net Zero journey with them as sustainability is a core mission for the atNorth team”

    Gísli Kr. CCO, atNorth

    Business needs

    To better serve its customers, BNP Paribas faced exponential infrastructure growth. BNP Paribas worked with atNorth and Dell Technologies to expand responsibly and build a “future-proofed” HPC infrastructure. By moving a portion of their data center operations to Iceland and its renewable energy sources, BNP Paribas lowered TCO, with 50% less energy and 85% less CO2 output.

    Solutions at a glance

    • atNorth, in collaboration with Dell Technologies, provides BNP Paribas with a state-of-the-art Infrastructure as a service solution.
    • The infrastructure, including Dell PowerEdge servers, is hosted in atNorth’s ultra-power-efficient data center facilities in Iceland
    • The infrastructure is powered only with renewable energy that dwarfs the carbon effect of the solution

    Business results

    • Reduced energy usage by 50%
    • Decreased CO2 (carbon dioxide) output by 85%
    • Transitioned to 100% renewable energy
    • Increased power efficiency at higher compute density
    • Lowered TCO (total cost of ownership)
    • Adopted “future-proof,” environmentally responsible HPC

    BNP Paribas has a bold purpose: “We are at the service of our clients and the world we live in.” A recent technology pivot shows that BNP Paribas is a vigilant keeper of that mission and its two, often-divergent directions. To deliver more value to its customers and fuel emerging HPC needs, BNP Paribas required exponential infrastructure growth. In keeping with its mission, BNP Paribas sought environmentally responsible options to “future-proof” its technology. Adoption of a novel high performance computing (HPC) approach has reduced energy consumption by 50%, decreased CO2 emissions by 85%, and moved 100% of energy supply to renewable generation.

    BNP Paribas, in collaboration with atNorth and Dell Technologies, tailor-designed an HPC infrastructure using Dell Technologies solutions. The cluster is housed in one of atNorth’s colocation data centers in Iceland and deployed as-a-service for BNP Paribas. Through novel design approaches, the atNorth data centers are very economical, energy-efficient and powered by 100% renewable energy sources.

    Headquartered in France, BNP Paribas serves customers in over 65 countries and is the top bank in the European Union. As a purpose-driven company, BNP Paribas prioritizes its mission as a bank and as a company committed to meeting environmental and social challenges. Its recent data center transition is evidence of BNP Paribas’ commendable commitment.

    “By using only renewable energy sources and decreasing our carbon footprint 85%, BNP Paribas is realizing its dual mission to reduce its environmental impact and better serve our customers.”

    Ricardo Jantarada Global Head of Telecom & Datacenter at BNP Paribas

    Green means cost-efficient: 50% less energy

    The financial services industry is transforming rapidly as HPC ushers in novel capabilities. HPC is a tool that can analyze massive amounts of data to extract insights, expand services for customers, and mitigate security threats. At the same time, HPC requires a large physical footprint and big supply of energy to manage the speed and volume of hefty computations.

    atNorth, however, has recast some of HPC’s traditional parameters. The company has a unique approach to carbon-neutral data centers that reduce energy waste, minimize environmental impact, and operate cost- effectively. The result is high power density compute delivered economically with the least environmental effect.

    atNorth’s three locations deploy three practices to enable future-focused data centers:

    1. Use 100% renewable energy sources to power data centers.
    2. Leverage natural air-cooling systems that optimize

    data center temperature and humidity while minimizing energy costs.

    1. Employ a team of experts on-site to help optimize every customer application.

    85% reduction in carbon emissions

    In addition to saving on energy usage, BNP Paribas’s deployment with atNorth generated an 85% reduction in CO2 emission. Concurrently, this significant decrease bolsters BNP Paribas’ capabilities, enhancing service to its customers, and lowering TCO. The new HPC data center provides increased power efficiency at higher compute density.

    “Having atNorth construct and manage our HPC cluster infrastructure, which is built on Dell Technologies custom- designed infrastructure, has been transformational. Through atNorth’s innovative data center design, we have reduced our energy consumption by 50% due to the transition of our in-house data center to atNorth’s sustainable facility,” shared Ricardo Jantarada, Global Head of Telecom & Datacenter at BNP Paribas CIB. “By using only renewable energy sources and decreasing our carbon footprint 85%, BNP Paribas is realizing its dual mission to reduce its environmental impact and better serve our customers.”

    “BNP Paribas has demonstrated that environmentally responsible strategy can have both cost benefits and increase solution performance and we are very proud to be a part of that journey to Net Zero with them as sustainability is a core mission for the atNorth team,” shared Gísli Kr. CCO, atNorth.

    atNorth Collaboration with Dell Technologies

    The atNorth and Dell Technologies collaboration is catalyzing powerful outcomes for customers such as BNP Paribas. atNorth helps companies with big compute needs make those deployments future-proof. That “proof” includes economic reasons (costs, regulatory compliance) and also environmental reasons.

    Dell Technologies and atNorth share a commitment to customer-centricity. In the case of BNP Paribas, Dell Technologies conducted a thorough analysis of customer needs and used creative ways to address BNP Paribas’ pain points with infrastructure solutions. Customer- centricity together with proven, innovative approaches to HPC, underpin the success of the atNorth and Dell Technologies collaboration.

    “Dell Technologies’ ability to deeply understand customer needs and then innovatively meet them, is a stand-out quality that is extremely beneficial to our organization and our customers’ organizations. A shining example of that is our shared success in helping BNP Paribas enhance service to its customers via HPC, while also reducing TCO and environmental impact,” said Gísli Kr. CCO, atNorth.

    This is a Sponsored Feature

    Related Posts
    Treasury transformation must be built on accountability and trust
    Treasury transformation must be built on accountability and trust
    Financial services: a human-centric approach to managing risk
    Financial services: a human-centric approach to managing risk
    LakeFusion Secures Seed Funding to Advance AI-Native Master Data Management
    LakeFusion Secures Seed Funding to Advance AI-Native Master Data Management
    Clarity, Context, Confidence: Explainable AI and the New Era of Investor Trust
    Clarity, Context, Confidence: Explainable AI and the New Era of Investor Trust
    Data Intelligence Transforms the Future of Credit Risk Strategy
    Data Intelligence Transforms the Future of Credit Risk Strategy
    Architect of Integration Ushers in a New Era for AI in Regulated Industries
    Architect of Integration Ushers in a New Era for AI in Regulated Industries
    How One Technologist is Building Self-Healing AI Systems that Could Transform Financial Regulation
    How One Technologist is Building Self-Healing AI Systems that Could Transform Financial Regulation
    SBS is Doubling Down on SaaS to Power the Next Wave of Bank Modernization
    SBS is Doubling Down on SaaS to Power the Next Wave of Bank Modernization
    Trust Embedding: Integrating Governance into Next-Generation Data Platforms
    Trust Embedding: Integrating Governance into Next-Generation Data Platforms
    The Guardian of Connectivity: How Rohith Kumar Punithavel Is Redefining Trust in Private Networks
    The Guardian of Connectivity: How Rohith Kumar Punithavel Is Redefining Trust in Private Networks
    BNY Partners With HID and SwiftConnect to Provide Mobile Access to its Offices Around the Globe With Employee Badge in Apple Wallet
    BNY Partners With HID and SwiftConnect to Provide Mobile Access to its Offices Around the Globe With Employee Badge in Apple Wallet
    How Integral’s CTO Chidambaram Bhat is helping to solve  transfer pricing problems through cutting edge AI.
    How Integral’s CTO Chidambaram Bhat is helping to solve transfer pricing problems through cutting edge AI.

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Technology PostHow To Combat The Growing Problem Of Synthetic Identity Fraud
    Next Technology PostHow Combining Task Mining with RPA Can Help Banks Go Digital

    More from Technology

    Explore more articles in the Technology category

    Why Physical Infrastructure Still Matters in a Digital Economy

    Why Physical Infrastructure Still Matters in a Digital Economy

    Why Compliance Has Become an Engineering Problem

    Why Compliance Has Become an Engineering Problem

    Can AI-Powered Security Prevent $4.2 Billion in Banking Fraud?

    Can AI-Powered Security Prevent $4.2 Billion in Banking Fraud?

    Reimagining Human-Technology Interaction: Sagar Kesarpu’s Mission to Humanize Automation

    Reimagining Human-Technology Interaction: Sagar Kesarpu’s Mission to Humanize Automation

    LeapXpert: How financial institutions can turn shadow messaging from a risk into an opportunity

    LeapXpert: How financial institutions can turn shadow messaging from a risk into an opportunity

    Intelligence in Motion: Building Predictive Systems for Global Operations

    Intelligence in Motion: Building Predictive Systems for Global Operations

    Predictive Analytics and Strategic Operations: Strengthening Supply Chain Resilience

    Predictive Analytics and Strategic Operations: Strengthening Supply Chain Resilience

    How Nclude.ai   turned broken portals into completed applications

    How Nclude.ai turned broken portals into completed applications

    The Silent Shift: Rethinking Services for a Digital World?

    The Silent Shift: Rethinking Services for a Digital World?

    Culture as Capital: How Woxa Corporation Is Redefining Fintech Sustainability

    Culture as Capital: How Woxa Corporation Is Redefining Fintech Sustainability

    Securing the Future: We're Fixing Cyber Resilience by Finally Making Compliance Cool

    Securing the Future: We're Fixing Cyber Resilience by Finally Making Compliance Cool

    Supply chain security risks now innumerable and unmanageable for majority of cybersecurity leaders, IO research reveals

    Supply chain security risks now innumerable and unmanageable for majority of cybersecurity leaders, IO research reveals

    View All Technology Posts