Credit Suisse has launched an independent company to market its Virtual Resource Manager (VRM) virtual machine management application.
The company, DynamicOps LLC, is funded by Credit Suisse's Next II venture group and is located in Burlington, Massachusetts.
Credit Suisse first deployed a virtual infrastructure in 2005, and realised that although virtualisation improved resource utilisation and business agility, it also increased operational complexity.
The VRM platform was initially developed by Credit Suisse's Global Research and Development Group. The software has been in production for more than two years and manages thousands of virtual desktops and servers at multiple Credit Suisse datacentres in four locations worldwide.
The bank says the management software brings a level of product maturity and capability that is not commonly found in many currently available virtual infrastructure management products.
"VRM enabled us to reduce our provisioning lead times from weeks to minutes. This has resulted in more efficient server utilisation and lower capital costs," said Stephen Hilton, managing director for enterprise servers and storage at Credit Suisse.
"An additional benefit is the dramatic improvement in our ability to respond rapidly to business needs," he said.