European bank BNP Paribas will deploy Oracle's on-premises solution in its data centers.

BNP announced that it has selected the Oracle Exadata Cloud@Customer offering for its on-premises databases on December 9.

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atNorth's data center in Iceland – atNorth

The Oracle Cloud@Customer platform is a combined hardware and software offering that brings cloud capabilities to a company's own data center.

“Our integration of Oracle Exadata Cloud@Customer fully aligns with BNP Paribas' cloud strategy of deploying the full potential of these technologies in a secure framework. Thanks to optimal data management, this partnership allows the bank to safeguard business continuity, whilst innovating to ensure the best quality of services for our customers,” said Bernard Gavgani, CIO of BNP Paribas.

“Financial organizations are rapidly adopting cloud technologies to reduce costs and accelerate their ability to tap into new market opportunities,” said Juan Loaiza, executive vice president, of mission-critical database technologies, Oracle. “Using Oracle Exadata Cloud@Customer, BNP Paribas will transition its database estate to a modern, agile, cost-effective cloud model that will enable them to innovate at a faster pace while meeting demanding data locality and privacy regulations.”

BNP hopes that the solution will enable it to have better access to Oracle's automation features and reduce latency between applications and data while continuing to keep control over the data hosted in BNP's data centers.

BNP is a customer of atNorth's data centers. In 2023, DCD reported that the company was hosting its IT infrastructure at atNorth's Sweden and Iceland data centers. The Swedish data center is being used for data-intensive applications and high-performance computing.

BNP also has at least one data center in India, as per a current job listing.

Other known customers of Oracle Exadata Cloud@Customer include insurance company Great Eastern, IHH Healthcare, and Swiss telco Sunrise.