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The acceleration of cloud adoption in financial services

Why acceptance of cloud-based technology and applications is rapidly spreading

As technological innovation connects more people in more places, already competitive global markets are heating up. As a result, many financial services organizations are changing how they operate and deliver value. In the current hypercompetitive business environment, it’s not enough to simply automate business processes to increase productivity.

To succeed, institutions must differentiate themselves from their competitors and drive greater efficiencies through digital transformation. In response, new technologies, such as cloud, are reshaping the industry landscape and demonstrating the power to make a significant impact. As cloud providers demonstrate their ability to meet modern security concerns, leading financial services organizations are quickly and eagerly embracing cloud technology as an agent of change.