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Benefiting From Standardized Technology - Lending In Cloud

 

Benefiting From Standardized Technology - Lending In Cloud

Cloud computing has changed the way many people interact with companies – from search and email to music and video. Banks and financial services companies are building on this experience and realizing the cloud’s potential to underpin their growth strategies. Cloud is also becoming a fundamental part of the digital journey and is becoming a more attractive proposition for companies. According to a survey by Finextra Research1, 80% of banks plan to replace their core systems within five years, and 90% of them are in favour of including cloud based services as part of their infrastructures.