Cloud adoption special report 2018
If banks had been hesitant to move their data and processes to the cloud, recent regulatory requirements have certainly provided a final nudge in that direction.
Cloud computing has been around for many years as a potential means of expanding the computing capacity of banks, but security concerns had largely kept most firms from taking the plunge.
However, that is about to change – whether the industry likes it or not. The additional strain on resources because of increased competition and regulations such as FRTB means banks are left with no other choice.
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Obstacles and opportunities in adopting cloud computing
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Stricter vendor regulation not ‘magic pill’, banks say
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