As customer interactions become digital by necessity and as mandatory remote working become “normal,” public cloud adoption and migration has moved to the top of banking institutions’ C-suite agendas. In a world where business disruption is the rule and not the exception, banks need IT environments that are optimized to support change. Public cloud offers a range of cost, agility and efficiency benefits, but it’s not just about technology. Cloud can help banks with both the business and IT transformations needed to lean into the shift to a digital economy and respond to disruptive shocks such as the global coronavirus pandemic. But security, regulatory, and organizational challenges must be overcome to ensure strict compliance frameworks are met.
S&P Global Market Intelligence
S&P Global Market Intelligence integrates financial and industry data, research and news into tools that help track performance, assess credit risk, understand competitive and industry dynamics, generate alpha, identify investment ideas, and perform valuation. S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). For more information, visit www.spglobal.com/marketintelligence. Twitter handle: @SPGMarketIntel
European Banking Federation
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from 45 countries. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.