Cloud banking: Innovation without limits?

Study

October 2019

A few years ago, the need to overcome legacy issues and become more efficient whilst reducing costs prompted banks to consider moving to the cloud. It is now clear that the need to innovate and keep up with new entrants has become the key driver in a bank’s strategic decision to adopt the cloud. But how does it help banks meet their goals and ambitions? What are the key banking trends driving the rise of cloud?

A worldwide survey of banking leaders carried out by Efma and Finastra, plus input from experts at Microsoft and KPMG, provides a clearer picture of the needs and motivations of banks; what the cloud offers and some candid advice to those on a mission to move to the cloud.

Keywords : Technology , Transformation , Operations/New processes