{"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 decoding=\"async\" loading=\"lazy\" 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='Fintech Predictions for 2024'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/fintech-predictions-for-2024\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/11\/8ed3dbaa-1d02-b2f3-40a1-dc522781b42e1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17326\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17326'>\n\t\t\t\tFintech Predictions for 2024\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='RegTech improves compliance but also increases costs'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/regtech-improves-compliance-but-also-increases-costs\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/business-finance-man-calculating-budget-numbers-invoices-and-financial-adviser-working_1423-120-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9303\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9303'>\n\t\t\t\tRegTech improves compliance but also increases costs\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='State of FinTech in the 2nd Quarter of 2021'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/state-of-fintech-in-the-2nd-quarter-of-2021\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/07\/424e3e8a-1b01-c831-39a9-9c2e430345961-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16192\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16192'>\n\t\t\t\tState of FinTech in the 2nd Quarter of 2021\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":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16474"}],"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}]}}