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BANKING Celent – 7 Key Considerations of Public Cloud adoption in Financial Services

BANKING Celent – 7 Key Considerations of Public Cloud adoption in Financial Services

IBM
Published by: Research Desk Released: Jul 22, 2021

In the coming years, cloud computing in financial services is expected to grow steadily. In a Celent financial institution survey, 62% of respondents indicated that they expect to run their workloads in a cloud within five years.
Cloud adoption to date and changes in market drivers are making the public cloud more attractive to financial institutions. The public cloud offers significant benefits for the financial services industry including infinite scalability, agility and speed to market, infrastructure cost efficiency, security and resiliency and future proofing.