Analyst report

Financial Services

GlobalData Report: Cloud Computing in Banking

Identifying key players in the cloud computing value chain.

GlobalData


17 May 2023

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GlobalData Report: Cloud Computing in Banking

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Navigating the cloud: Choosing the right provider for banks' digital transformation.

Ensuring a smooth, tailored, and targeted cloud migration is essential, especially in a heavily regulated industry like banking.

Key considerations during cloud migration include governance, cybersecurity, vendor lock-in, maintaining interoperability, compliance, and resiliency. This is especially true when using third-party providers offering pre-built solutions.

The traditional IT stack has shifted to the cloud computing stack. Global Data’s report highlights leading vendors and adopters of cloud in banking, categorized by their position in the cloud computing value chain. Offering insights into which banks and which vendors are advancing in the different areas of the cloud computing stack.