Traditionally, financial services and the cloud had a relationship that was non-existent. Reasons of security and incompatability with the financial sectors needs did not seem to match what the cloud was offering.
However, as technology rapidly develops, this relationship is blossoming. The cloud is a highly secure and available option and in a recent article for the Global Banking and Finance Review, our CEO Adam Binks makes a convincing case for why the cloud can now offer financial institutions more peace-of-mind and opportunities to grow than an on-premise ecosystem is able to.
He covers areas like PCI-DSS compliance and storage of sensitive data, and explains some significant benefits of cloud hosting, including the ability to scale quickly and remain competitive in a world of high-speed data analysis.
If you're an IT decision maker in a financial services institution, this is a must-read. Is misinformation holding your organisation back from adopting cloud?
Read the full piece on cloud hosting for fintech here.