{"id":16474,"date":"2021-11-26T13:05:02","date_gmt":"2021-11-26T13:05:02","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=16474"},"modified":"2021-11-26T13:08:17","modified_gmt":"2021-11-26T13:08:17","slug":"why-financial-institutions-are-looking-to-the-cloud","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/why-financial-institutions-are-looking-to-the-cloud\/","title":{"rendered":"Why Financial Institutions Are Looking to the Cloud"},"content":{"rendered":"<p>GFT, which has been working with the cloud since its inception, recently commissioned a study (conducted by HTF Research) of how financial institutions view the cloud. This insightful infographic highlights the key findings of the study.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large\" src=\"https:\/\/i.vgy.me\/XMhgSK.png\" width=\"1348\" height=\"1222\"><\/p>\n<p><strong>Why are financial institutions moving to the cloud?<\/strong><\/p>\n<ul>\n<li>Speed to market (95%)<\/li>\n<li>Unlimited scalability (86%)<\/li>\n<li>Cost optimization (81%)<\/li>\n<li>Security assurance (33%)<\/li>\n<\/ul>\n<p><strong>What is hindering the implementation of cloud-related solutions?<\/strong><\/p>\n<ul>\n<li>Corporate culture and inertia (62%)<\/li>\n<li>Complexity and compliance with regulatory requirements (62%)<\/li>\n<li>Lack of experience (38%)<\/li>\n<\/ul>\n<p><strong>How managers assess the process of introducing cloud-related solutions.<\/strong><\/p>\n<ul>\n<li>Very successful (28%)<\/li>\n<li>Fairly successful (48%)<\/li>\n<li>Not yet started (14%)<\/li>\n<\/ul>\n<p><em>Source: <a href=\"https:\/\/www.gft.com\/int\/en\/thought-leadership\/hybrid-and-multicloud\">Hybrid and Multicloud: Think Cloud. Use Cloud. Be Cloud; For a Sustainable, Secure Future&nbsp;<\/a><\/em><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16474 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Financial Regulators Need to Rein In Big Tech'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/financial-regulators-need-to-rein-in-big-tech\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/08\/8c0518a5-d34f-bf88-1ccf-4e9fa78caf161-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-16219\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16219'>\n\t\t\t\tFinancial Regulators Need to Rein In Big Tech\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Video: Ethereal Virtual Summit 2020 discussion on central bank digital currencies'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-ethereal-virtual-summit-2020-discussion-on-central-bank-digital-currencies\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/10\/Talking-CBDCs-Central-Bank-Digital-Currencies-in-the-Age-of-COVID19-Ethereal-Virtual-Summit-2020-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15402\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15402'>\n\t\t\t\tVideo: Ethereal Virtual Summit 2020 discussion on central bank digital currencies\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Airfox using blockchain technology to replace banks in emerging markets'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/airfox-using-blocking-technology-to-replace-banks-in-emerging-markets\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/51072-1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-8862\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8862'>\n\t\t\t\tAirfox using blockchain technology to replace banks in emerging markets\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>GFT, which has been working with the cloud since its inception, recently commissioned a study (conducted by HTF Research) of how financial institutions view the cloud. This insightful infographic highlights the key findings of the study. Why are financial institutions moving to the cloud? Speed to market (95%) Unlimited scalability (86%) Cost optimization (81%) Security &hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"class_list":["post-16474","post","type-post","status-publish","format-standard","","category-fintech","category-international-fintech","bulletin_edition-11_november-fintech-2021","bulletin_edition-fintech-2021","b_post_type-bfc-recommends"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16474"}],"version-history":[{"count":3,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16474\/revisions"}],"predecessor-version":[{"id":16480,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16474\/revisions\/16480"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}