Trends Report

Chinese Banks Modernize With Financial Services Clouds On Their Future-Fit Journey

Public Cloud Vendors Are Becoming The Digital Engines Of China’s Banking Industry

October 21st, 2021
With contributors:
Frederic Giron , Tracy Woo , Tianchen Feng , Bill Nagel

Summary

Banks in China are accelerating the adoption of cloud platforms to modernize their systems and address increasingly intense competition. Financial services (FS) cloud offerings from public cloud vendors provide them a platform to continuously deliver adaptive, creative, and resilient customer and business value. This report details three instances of Chinese banks adopting financial services clouds, the applications they are modernizing, the architecture they have put in place, and the key benefits they have recorded so far.

Want to read the full report?

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.