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Lloyds Banking Group Expands Oracle Partnership for Improved Database Management


Database Management

Lloyds Banking Group Expands Oracle Partnership for Improved Database Management

Lloyds enhances customer experience by migrating databases to Oracle Cloud for better management and performance.

To further improve its customer experience, Banking Group Lloyds has increased the scope of its partnership with Oracle. By transferring its Oracle databases, which strengthen its banking services and business operations to Oracle Database, Lloyds is furthering its multicolor strategy under a multi-year contract. Lloyds may now run Oracle databases on Oracle Cloud Infrastructure (OCI) that is set up on Oracle Exadata in Microsoft Azure data centers thanks to this calculated move.

Lloyds also uses Oracle Exadata Cloud Customer to run a number of databases in its data centers. Oracle database services can be implemented on-premises or inside Azure data centers with identical capabilities and a uniform operating model thanks to OCI's distinctive distributed cloud. Lloyds is able to provide its customers with faster and more agile service because of this flexibility.

Joe Soule, the CIO of Enabling Services at Lloyds Banking Group, highlighted the importance of maximizing data usage across the organization to drive growth and business modification. He noted that this is essential for innovating and delivering new services more quickly to customers. By accelerating its cloud migration with Oracle, Lloyds has improved the performance, security, resilience, and availability of its services while accelerating the release of new products and capabilities.

With the security, adaptability, and agility of Microsoft Azure, Oracle Database offers all the benefits of Oracle Database on OCI in terms of performance, scale, and workload availability. Customers no longer need to redesign or rework their systems in order to swiftly migrate their on-premises Oracle databases to the cloud.

They can also use Azure and OCI technologies to safely create new low-latency cloud-native applications. There are currently 14 regions in the world where Oracle Database is generally accessible, and 18 more are scheduled to be added in the upcoming year.


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