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13 Results from /cloud, 2023

Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

How to move to the public cloud and achieve economies of scale

Given perceived risks, the security and cost benefits of moving to a cloud-based system were often overlooked, with some financial institutions believing that cloud deployments will result in more overall risk than traditional systems. However, over the last few years, the more a bank takes the time to understand the cloud services available, the ...

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Dominique Dierks

Dominique Dierks Senior Content Manager at Finextra

How SaaS integration drives payment modernisation

Our latest Finextra webinar, ‘SaaS migration: Why outsourcing to multiple providers is the key to SaaS’, hosted in association with Bottomline, explored the current challenges and benefits of moving to SaaS-based solutions in the race for digital payments transformation. Panellists Edward Ireland, joint head of commercial product management of fin...

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Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

Future of Fintech in Latin America 2023: Local tech industries to gain from increased cloud activity

This is an excerpt from The Future of Fintech in Latin America 2023 report. According to S&P Global Market Intelligence research, Latin America presented itself as a “propitious location for cloud industry developments” before the events of 2020. The article continued to explore how “the underserved status of the region, its large population (...

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Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

Future of Fintech in the Middle East 2023: Cloud connectivity at the centre of fintech innovation

This is an excerpt from The Future of Fintech in the Middle East 2023 report. Alongside Dubai and Bahrain, Saudi Arabia has repeatedly been highlighted as a digital banking leader in the Middle East, with 76% of banking customers using online or mobile applications. According to McKinsey, top Saudi digital banking offerings include loyalty program...

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Madhvi Sonia

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...

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Madhvi Sonia

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...

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Madhvi Sonia

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...

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Madhvi Sonia

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...

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Madhvi Sonia

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...

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Sehrish Alikhan

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...

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José Manuel Pérez Bajo

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...

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Finextra Research

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...

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