Cloud - Long Reads, News, Articles & Research: Finextra

Future of Fintech in Africa 2023: Cloud will open new doors for the African fintech industry

Madhvi Sonia Head of Content at Finextra

Future of Fintech in Africa 2023: Cloud will open new doors for the African fintech industry

This is an excerpt from The Future of Fintech in Africa 2023 report. In recent years, Africa has awoken to a new dawn when it comes to digital transformation and innovation with the cloud. The continent displays numerous promising indicators of a region ripe for fintech investment and development, but the scale, complexity, and the benefits of new...

09 August 2023 /cloud

Madhvi Sonia Head of Content at Finextra

Bridging the cloud migration gap

Financial services sector participants are aware that innovation usually increases at a slow, gradual pace, and as certain technologies mature, this leads to acceleration. This has not been the case in recent years and much of this accelerated adoption of technology has been because of fear, uncertainty, or doubt. Exponential growth has been on th...

23 June 2023 /cloud

What needs to be considered when mapping an European digital banking strategy?

Madhvi Sonia Head of Content at Finextra

What needs to be considered when mapping an European digital banking strategy?

This is an excerpt from The Future of Digital Banking in Europe 2023, a Money 20/20 special edition. Digital transformation is an intimidating project and altering a business’s strategy cannot be done at the flick of a switch. While change is challenging, recent developments across technology have revealed that transformation does not have to be a...

05 June 2023 /cloud

How to migrate legacy applications to cloud-ready container-as-a-service platforms

Madhvi Sonia Head of Content at Finextra

How to migrate legacy applications to cloud-ready container-as-a-service platforms

Incumbent banks that have made long-term commitments to legacy infrastructure are now deciding to build digital customer experiences or omnichannel support applications with the cloud. In addition to this, these financial institutions are also adding an abstraction layer that can interact with applications through an API interface. Why is this occ...

09 May 2023 /cloud

Data: creating a million-dollar opportunity for banks

Madhvi Sonia Head of Content at Finextra

Data: creating a million-dollar opportunity for banks

It is evident that partnerships across the financial services ecosystem can resolve technology challenges from a business-led and a tech-led perspective. While banks have modernised core and digital engagement to meet constantly shifting customer demands, while also reducing cost and risk, process automation has improved resilience, efficiency and...

25 April 2023 /cloud

Cloud Makeover: How has cloud migration changed Deutsche Bank?

Sehrish Alikhan Reporter at Finextra

Cloud Makeover: How has cloud migration changed Deutsche Bank?

In our first Cloud Makeover case study, we spoke with experts from National Australian Bank (NAB) on their developments in the cloud and their migration process. For our second piece in the series, Finextra spoke with Gordon Mackechnie, chief technology officer at Deutsche Bank, to uncover the impacts of their cloud journey. Mackechnie details tha...

23 March 2023 /cloud

Cloud regulation: Resilience and reducing cloud-risk

José Manuel Pérez Bajo Head of Banking Platforms and Cloud Banking at NTT DATA

Cloud regulation: Resilience and reducing cloud-risk

Cloud computing has revolutionised the way almost all businesses operate, and organisations within the banking and financial services industry are no exception. In recent years, more and more banks have begun a journey towards the cloud in order to access its myriad of benefits; such as cost savings, efficiency, innovation, agility and improved da...

14 March 2023 /cloud

Financial Cloud Summit 2023: How to establish a cloud strategy, migrate to the cloud and optimise

Finextra Research Writer at Finextra

Financial Cloud Summit 2023: How to establish a cloud strategy, migrate to the cloud and optimise

Gary Wright, head of research at Finextra, took to the stage to lead a day of sessions focused on the use of cloud in the financial services industry at King’s Place in London on 2nd March 2023. The day was split into three builds: Strategise, Migrate and Optimise and covered how many banks are still at the earliest stages of cloud adoption, and fe...

09 March 2023 /cloud

Cloud Makeover: How has cloud migration changed National Australia Bank?

Sehrish Alikhan Reporter at Finextra

Cloud Makeover: How has cloud migration changed National Australia Bank?

In the lead up to Finextra’s first annual Financial Cloud Summit, Finextra is reaching out to leading companies in the industry to discuss their cloud migration for our Cloud Makeover series. These case studies will explore how banks operated before and after their migration to cloud, and how the transition has impacted their product rollout, cus...

24 January 2023 /cloud

How can cloud migration be leveraged to achieve sustainable goals?

Sehrish Alikhan Reporter at Finextra

How can cloud migration be leveraged to achieve sustainable goals?

Cloud allows businesses to deliver on net-zero goals by creating a space where all forms of the company’s digital ecosystem can be accessed at one point. Sustainability ambitions can be achieved through thorough data analysis, insights into company activities, and collective strategies employed by teams throughout the company. Cloud platforms can ...

24 November 2022 /cloud

Manifesting the benefits of cloud migration

Sehrish Alikhan Reporter at Finextra

Manifesting the benefits of cloud migration

Leading up to Finextra’s Financial Cloud Summit in March 2023, we are focusing on the future of cloud in the financial industry. Cloud migration presents a multitude of advantages for financial institutions which employ it. Cloud, like its light fluffy namesake, is agile, mobile, and creates a secure space for financial service providers. Cloud mi...

15 November 2022 /cloud

Developing the right culture to build digital products at speed

Paige McNamee

Developing the right culture to build digital products at speed

Banks must digitally evolve, and how they approach the building, launching, and managing of their product offerings depends not only on the specific demands of the market, but the idiosyncrasies of each financial institution. Speed to market is one such demand, forcing banks to enhance existing products and perfect their strategy around building co...

15 September 2022 /cloud

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