Reserve Bank of Australia is gearing up for the migration phase of its core modernisation infrastructure program with work expected to commence this financial year.
The RBA has gone to tender for a migration partner to move its core applications from its head office data centre to a facility run by CDC between June 2025 and December 2026.
iTnews understands the CoreMod program remains on track and is currently in the early stages of establishing the new infrastructure.
According to tender documents, the “project aims to mitigate risks from core infrastructure obsolescence and strengthen the resilience of mission-critical systems”.
Ahead of the migration, the RBA is to establish a new Governance Board will be established, which will have oversight responsibilities of the CoreMod project, among others.
The CoreMod program was first unveiled at the end of last 2023 and sees RBA set up a new head office data centre in a CDC facility, with new IT infrastructure, and then the migration of workloads into it.
CDC Data Centres won the rights to provide the colocation data centre for RBA for a bit over $37 million, with the agreement running until March 2034.
In August, RBA appointed NTT to design and implement the new infrastructure, paying $12.7 million for its services through to October 2025.
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