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Dumping US tech giants within 5 years is realistic for banks, insurers, pension funds, according to the Dutch Central Bank
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Blaze piefed.zip Blaze@piefed.zip
Joined: 2025-06-13
Quote

Banken, verzekeraars en pensioenfondsen zouden beter moeten samenwerken, maar ook moeten de regels voor bijvoorbeeld aanbestedingen worden aangepast.

464   Original
Granbo's Holy Hotrod lemmy.world uberdroog@lemmy.world
Joined: 2023-07-07
#2 · Quote Reply

Where is this crowd sourced list? I don't have time.

3
comrade_twisty feddit.org comrade_twisty@feddit.org
Joined: 2025-03-28
#3 · Quote Reply

It took me 11 months to move away from all US tech and services personally. I have only 2 domains at namecheap and cloudflare for one service left. Everything else is done, I started out with a list that spanned 3 DIN A4 pages last year.

Also switched from Apple to Linux and iOS to Graphene OS.

42
myrmidex belgae.social myrmidex@belgae.social
Joined: 2025-06-22
#4 · Quote Reply

Where is this crowd sourced list? I don't have time.

No list it seems, no study, this guy is just pulling things out of his ass.

-1
Kairos lemmy.today LodeMike@lemmy.today
Joined: 2023-12-26
#5 · Quote Reply

It took me 11 months to move away from all US tech and services personally. I have only 2 domains at namecheap and cloudflare for one service left. Everything else is done, I started out with a list that spanned 3 DIN A4 pages last year. Also switched from Apple to Linux and iOS to Graphene OS.

It's a LOT different when you need uptime garuntees.

-9
Sunshine Moderator Sunshine@piefed.ca
Joined: 2025-06-07
#6 · Quote Reply

Dump all American products and services!

9
unexposedhazard discuss.tchncs.de unexposedhazard@discuss.tchncs.de
Joined: 2023-07-01
#7 · Quote Reply

Even if it were true, that would be no reason not to get started. Every bit of reduced dependency is good.

17
SeductiveTortoise piefed.social SeductiveTortoise@piefed.social
Joined: 2025-07-16
#8 · Quote Reply

It's a LOT different when you need uptime garuntees.

AWS was down a lot more often than my private server in the last few years. And it took half the internet with it each time. Not so sure about guaranteed uptime.

27
PracticalFail feddit.org PracticalFail@feddit.org
Joined: 2025-08-27
#9 · Quote Reply

It's a LOT different when you need uptime garuntees.

Hyperscalers always boast about uptime, fail over, resilience, etc etc. The thing is, the majority of customers using the hyper scalers as is actually do not get those guaranteed at all.
If really wanted to have them, you'd need to pay a hefty premium contractually as well as on how your infra is managed, effectively tripling or more your infra cost, not accounting for additional cost for good SLA response times, getting access to real knowledgeable support staff, ...

15
Kairos lemmy.today LodeMike@lemmy.today
Joined: 2023-12-26
#10 · Quote Reply

Hyperscalers always boast about uptime, fail over, resilience, etc etc. The thing is, the majority of customers using the hyper scalers as is actually do not get those guaranteed at all. If really wanted to have them, you'd need to pay a hefty premium contractually as well as on how your infra is managed, effectively tripling or more your infra cost, not accounting for additional cost for good ...

I think I wasn't specific enough. Uptime being availability of the software or service to the government employees that use it.

2
huppakee piefed.social huppakee@piefed.social
Joined: 2025-06-07
#11 · (edited) Quote Reply

There is also this FD (Financial newspaper) article that covers the press conference:

DNB: financiƫle sector moet binnen vijf jaar minder afhankelijk zijn van VS
(link to archived version: https://archive.is/FsnM7)

It doesn't say that much more than the NOS article, but here is their summary (translated by Deepl):

In brief

  • DNB warns of the risks associated with dependence on American IT service providers.
  • The regulator wants financial institutions to take responsibility.
  • Flexible contracts and joint procurement, among other measures, should help to reduce dependence.
6
JustEnoughDucks feddit.nl JustEnoughDucks@feddit.nl
Joined: 2023-06-12
#12 · Quote Reply

Then stop forcing google play services...

A lot of Benelux banks require magisk and hiding that you aren't using a specific google branded android version if you use a community ROM.

25
Nighed feddit.uk Nighed@feddit.uk
Joined: 2024-01-13
#13 · Quote Reply

Even if it were true, that would be no reason not to get started. Every bit of reduced dependency is good.

The feature parity and global distribution isn't there though. Sure you can make it work, but it's going to be a chunk of extra engineering on top of the switch.

Good luck to the exec pushing for that change in most financial institutions!

That said, I could see those trying to do multi cloud picking a European secondary.

4
Squizzy lemmy.world Squizzy@lemmy.world
Joined: 2023-06-16
#14 · Quote Reply

Then stop forcing google play services... A lot of Benelux banks require magisk and hiding that you aren't using a specific google branded android version if you use a community ROM.

I wrote to my country's competition authority but neither of us had required knowledge to fully understand the ask, they just pointed me toward the digital euro and wero whereas I was pushing for mandating alternatives to google and apple services to allow for contactless without their involvement.

8
Leon pawb.social Dojan@pawb.social
Joined: 2025-03-20
#15 · Quote Reply

The feature parity and global distribution isn't there though. Sure you can make it work, but it's going to be a chunk of extra engineering on top of the switch. Good luck to the exec pushing for that change in most financial institutions! That said, I could see those trying to do multi cloud picking a European secondary.

Switching is how you get feature parity. Why would anyone contributing to FOSS be all "Oh I think I'll develop this one feature that no one but a few specific big banks want."

Just deal with it for now, and then put whatever money you previously put towards these expensive closed down services to developing what you need in the FOSS space. It's not complicated.

1
Lucy :3 feddit.org 30p87@feddit.org
Joined: 2024-07-22
#16 · Quote Reply

As a bank, we're currently migrating from on-prem to cloud.

Google and Azure ofc

3
Frank Exchange of Views sh.itjust.works frank_exchange_of_views@sh.itjust.works
Joined: 2025-03-19
#17 · Quote Reply

As a bank, we're currently migrating from on-prem to cloud. Google and Azure ofc

Same in large fintech company...

4
Jax sh.itjust.works Jax@sh.itjust.works
Joined: 2023-08-22
#18 · Quote Reply

5 years seems like a very long time... are these groups not aware of the impending implosion of the AI market?

1
0_o7 lemmy.dbzer0.com 0_o7@lemmy.dbzer0.com
Joined: 2024-12-02
#19 · Quote Reply

Then stop forcing google play services... A lot of Benelux banks require magisk and hiding that you aren't using a specific google branded android version if you use a community ROM.

Fine...

It will be EU Play Services.*

Happy Now??

*EU Play Services is a subsidiary of Alphabet in the EU for attesting apps on your Android smartphone, which is totally not funneling data to the government and USA.

1
ArmchairAce1944 discuss.online ArmchairAce1944@discuss.online
Joined: 2025-07-02
#20 · Quote Reply

They need to make sure there are enough prisons and gallows for the people who caused this shit.

3
rumba lemmy.zip rumba@lemmy.zip
Joined: 2024-09-24
#21 · Quote Reply

Hyperscalers always boast about uptime, fail over, resilience, etc etc. The thing is, the majority of customers using the hyper scalers as is actually do not get those guaranteed at all. If really wanted to have them, you'd need to pay a hefty premium contractually as well as on how your infra is managed, effectively tripling or more your infra cost, not accounting for additional cost for good ...

It's mostly an architectural failure. Only one of the Amazon outages in the past decade was truly platform-wide. If you stood up VM's in US-West, Singapore and Ireland, stood up dedicated HA storage clusters in each zone, you'd be sitting at 5x9s.

You just really need to stay out of managed services, the upside them is you can stand up HA/FT in any provider.

2
lietuva lemmy.world lietuva@lemmy.world
Joined: 2023-07-13
#22 · Quote Reply

Then stop forcing google play services... A lot of Benelux banks require magisk and hiding that you aren't using a specific google branded android version if you use a community ROM.

i hated it so much. I wasn't able to pay few times because my phone couldn't pass integrity checks whenever Google pushed updates

1
Pup Biru aussie.zone pupbiru@aussie.zone
Joined: 2023-12-29
#23 · Quote Reply

Fine... It will be EU Play Services.* Happy Now?? *EU Play Services is a subsidiary of Alphabet in the EU for attesting apps on your Android smartphone, which is totally not funneling data to the government and USA.

thankfully, the EU is a bit better than that at making regulations

1
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