> DNB Director Steven Maijoor announced last October that he intended to “set a good example” and switch to a European cloud, though he acknowledged that it “is not yet as robust or high-quality as the one from the U.S.”

> Last year, the Dutch Central Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM) warned that the Dutch financial sector had become too dependent on foreign IT service providers

I wonder how much if this is a personal choice, and how much is pressure from the government. Banks are famously the first target of politicians, and it's common in China for exec's to publicly choose a national option under pressure from the CPP.

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wolfi1 2 days ago | parent | next [-]

Lidl is German, so, not fully national, IMHO

	▲	graemep 2 days ago \| parent \| next [-]
		If they cannot provide it nationally, Germany seems a good place to have it, especially as they are both EU. At the very least a country dependent cloud services from multiple other countries is less dependent on any one of them than a country predominantly dependent on one (and most of Europe is currently dependent on US cloud providers).
	▲	2 days ago \| parent \| prev [-]
		[deleted]

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Muromec 2 days ago | parent | prev | next [-]

If the DNB says getting our clown computers from Americans is an operational risk, we believe it's an operational risk. Political or not.

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rsynnott a day ago | parent | prev | next [-]

This isn't a bank in the normal sense, it's the central bank.

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tgv 2 days ago | parent | prev | next [-]

AFAIK, the central bank is independent.

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expedition32 2 days ago | parent | prev [-]

For Dutch people money supercedes politics, religion and human life itself.