Banking in the Cloud – What Lies Ahead
Once a taboo, cloud computing is now mainstream in banking. Temenos have been canvassing banks’ opinions about cloud every year since 2009 and have seen a steady reduction in the number of bankers citing data security as a barrier to cloud adoption.
Financial regulators are also warming to greater cloud adoption – with the FCA stating that the greater use of cloud technology will not only lower upfront IT costs (which typically account for two-thirds of a start-up’s initial costs), but also promote competition and choice in the UK market.
During this webinar, Temenos together with UK Finance and Microsoft will address how banks can navigate the security and regulatory landscape confidently, in order to move swiftly to cloud services. We will also highlight how some of our clients are benefiting from cloud technology, and the operation and cost benefits they are realising through cloud adoption.