The Future of Finance: How Cloud Migration Benefits the Financial Services Industry

The answer to greater agility in the finance industry lies in cloud computing. The cloud provides on-demand access to a shared pool of computing resources that can be provisioned at high speeds with very little management—in other words, the cloud stores data on servers accessed over the Internet, where it is managed by a third party. Since cloud computing enhances the speed of data processing and moves storage from on-site hardware to the Internet, a main benefit the financial services industry will reap from a transition to the cloud is improved adaptability.

But moving to the cloud hasn’t always been a straightforward decision, especially in the financial services industry. Read this white paper to see why moving to the cloud should no longer be faced with skepticism, but rather with an eye towards innovation.