Regulatory, compliance and security burdens, combined with the pressure to cut capital expenditure, are common problems for financial institutions.
As banks experiment with cloud-based services, data security and fear of regulatory scrutiny are often cited for slow adoption. But are these real impediments to the adoption of cloud-based banking services, or are there other factors at play?
Watch James O’Neill, Senior Analyst at Celent, as he discusses:
- The basics of cloud computing and different ways financial institutions can implement cloud services
- Outcomes at financial institutions that have already implemented a cloud strategy
- How cloud services will impact core banking systems in the long-term
- The current regulatory environment for cloud services
- What the cloud means for security
James Ewing, Senior Cloud Architect for D+H, also answers questions and covers:
- How financial institutions are using the cloud to change the way they do business with their clients
- Cloud impact on branch performance and productivity
- How to determine if the cloud is a good fit for your institution