Tim Bull, Solution Director, Rackspace, speaks to FinextraTV about cloud adoption, some of the challenges the industry has learnt from in 2019, how these challnges can be overcome by the banks, what opportunities we can expect to see in 2020 and how banks can move into production.
In order for banks to survive and compete amidst the ongoing challenges of regulation, new entrants, changing business models and digital transformation, more and more banks are turning to cloud technology. Cloud-based services have come a long way, both in sophistication and industry perception and can deliver far more to banks than cost savings. Data security, management, operational risk management, operational and digital strategy can all be greatly improved through new cloud partnerships and technology. Download this paper to find out how.