Best Practice Report

Best Practices For Financial Services In Cloud

Your Financial Services Peers Are Moving Forward With Advanced Cloud Plans

February 21st, 2023
Tracy Woo, Principal Analyst
Tracy Woo Principal Analyst
Meng Liu, Senior Analyst
Meng Liu Senior Analyst
With contributors:
Lauren Nelson , Lee Sustar , Arthur Ross , Diane Lynch

Summary

As the financial services industry undergoes its major digital transformation, public cloud is not only reaching massive scale and a variety of use cases but is also the preferred primary deployment model. Cloud is changing both business-critical and front-end operations to enable a more customer-focused and digitally engaged organization. Today’s financial services organizations are no longer hesitant to move mission-critical workloads to the public cloud. This report outlines the drivers, challenges, and approaches that financial services institutions are taking to the cloud.

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