This conversation about use of cloud is now more important than ever, as firms adjust to new realities, including more remote workforces and more digital interactions with customers.
One example of utilising cloud-based tools to accelerate digital transformation efforts is through processing vast amounts of data to reduce development and roll out of new and innovative financial products. For Atom bank, the UK’s first mobile-only bank, success depends on having agility and scalability to develop new solutions and experiences quickly in response to customer demand, while keeping costs low. By embracing the cloud, the challenger bank has been able to move on from on-premise hosted data centres, becoming more responsive to the needs of its customers through new app features or entirely new products and also building more software-as-a-service (#SaaS) and resilient architectures for future innovation.
Similarly, Revolut turned to the cloud to scale at speed without sacrificing stability. Tapping into cloud technology has allowed the organisation to automate updates and maintenance and redesign its slow and costly backup system, whilst maintaining resilience and control over security.
Read on
Banking on the cloud in the face of COVID-19 and beyond - FinTech Futures
Banking on the cloud in the face of COVID-19 and beyond
No comments:
Post a Comment