Banking on the cloud
But done right, a migration to the cloud offers rich pickings.
Finance firms sit on treasure troves of customer information, yet this is often spread around multiple silos. The cloud provides powerful data management tools which can finally help make sense of all that information. Artificial Intelligence can hunt for insurance fraud, create hyper-personalised mortgage offers or recommend investments tailored to the individual.
Opportunities for innovation in the cloud are enormous too. By using more flexible technology, banks, insurers and other FS businesses can play fintech ‘disruptors’ at their own game. With more innovative services, established firms can enter dynamic new markets.
One legacy of the pandemic will almost certainly be a rise in remote working in the industry. And again, cloud tech makes it much easier for staff to work securely and seamlessly wherever they are.
With its enormous potential for FS firms, the cloud simply cannot be ignored. At Cloud Expo 2023, you will hear from industry experts about how your organisation can use the cloud and what strategies you need for a successful migration. You’ll find out how hybrid models work, get a feel for the suppliers who can support your move, and learn how others have already done it.
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