Cloud - Long Reads, News, Articles & Research: Finextra

Cloud Makeover: How has cloud migration changed National Australia Bank?

In the lead up to Finextra’s first annual Financial Cloud Summit, Finextra is reaching out to leading companies in the industry to discuss their cloud migration for our Cloud Makeover series. These case studies will explore how banks operated before and after their migration to cloud, and how the transition has impacted their product rollout, cus...

24 January 2023 /cloud

How can cloud migration be leveraged to achieve sustainable goals?

Sehrish Alikhan Reporter at Finextra

How can cloud migration be leveraged to achieve sustainable goals?

Cloud allows businesses to deliver on net-zero goals by creating a space where all forms of the company’s digital ecosystem can be accessed at one point. Sustainability ambitions can be achieved through thorough data analysis, insights into company activities, and collective strategies employed by teams throughout the company. Cloud platforms can ...

24 November 2022 /cloud

Manifesting the benefits of cloud migration

Sehrish Alikhan Reporter at Finextra

Manifesting the benefits of cloud migration

Leading up to Finextra’s Financial Cloud Summit in March 2023, we are focusing on the future of cloud in the financial industry. Cloud migration presents a multitude of advantages for financial institutions which employ it. Cloud, like its light fluffy namesake, is agile, mobile, and creates a secure space for financial service providers. Cloud mi...

15 November 2022 /cloud

Developing the right culture to build digital products at speed

Paige McNamee

Developing the right culture to build digital products at speed

Banks must digitally evolve, and how they approach the building, launching, and managing of their product offerings depends not only on the specific demands of the market, but the idiosyncrasies of each financial institution. Speed to market is one such demand, forcing banks to enhance existing products and perfect their strategy around building co...

15 September 2022 /cloud

The Future of Digital Banking in the UK: Digitising to the core with agile fintech players

Paige McNamee

The Future of Digital Banking in the UK: Digitising to the core with agile fintech players

This is an excerpt from Finextra’s report, 'The Future of Digital Banking in the UK 2022'. Beyond the recent Covid-19 pandemic, the world has found itself having to function in a context of rife with unpredictability, with climate change and global geopolitical events marking just the tip of the iceberg. On top of these pressures, the financial ...

16 August 2022 /cloud

Want a stable career? Switch to the cloud

Retired Member

Want a stable career? Switch to the cloud

The term ‘head in the clouds’ is no longer shorthand for those of the dizzy, distracted persuasion. In fact it has become just the opposite. Why? Because the cloud computing space continues to surpass all expectations, resulting in a cohort of IT experts at the top of their profession who are able to secure the highest salaries by looking towards ...

12 August 2022 /cloud

Retired Member

Leveraging cloud connectivity

This is an excerpt from Finextra’s report, 'The Future of Digital Banking in the UK 2022'. When digital banks like Monzo and N26 experienced rapid growth with their neo banking propositions, the financial world was turned on its head. They challenged the traditional notion that banks needed rigid, monolithic infrastructures to prosper in the indust...

28 July 2022 /cloud

Cloud-based banking: regulation is the key to cloud migration

Retired Member

Cloud-based banking: regulation is the key to cloud migration

Earlier this year, the Bank of England’s Prudential Regulation Authority (PRA) revealed its intention to impose more stringent regulations on cloud computing giants. The move came after the PRA had expressed concerns over British banks’ dependency on a handful of cloud service providers, with fears that an outage or cyberattack could severely disr...

18 May 2022 /cloud

Why software engineers will never be replaced With NoOps

Rob Zuber CTO at CircleCI

Why software engineers will never be replaced With NoOps

NoOps (no operations) is the concept that an IT environment can be automated and abstracted enough from the underlying infrastructure that there is no requirement for a dedicated team to manage its software in-house. In 2019, global consultancy Deloitte listed NoOps among its tech trends to watch out for, declaring it the “next state in the evolut...

11 May 2022 /cloud

Madhvi Sonia Head of Content at Finextra

Do you need cloud?

There is no doubt that cloud offers several benefits for banks – better customer experience, increased security, faster processing, greater scalability, regulatory compliance, and lower costs. However, it is also no secret that the financial industry has been slow to adopt cloud technology because of concerns around sacrificing legacy on-premises a...

10 May 2022 /cloud

Madhvi Sonia Head of Content at Finextra

How cloud works

Kicking off the Finextra Financial Cloud Series, we will be stripping back the subject of cloud and answering commonly asked questions. How does the cloud actually work? Vox’s Re/code addressed this question as part of its Too Embarrassed to Ask series, highlighting that the technology industry likes to create and use buzzwords that can be “nebulo...

09 May 2022 /cloud

Cloud, the one stop shop for investment management innovation

Madhvi Sonia Head of Content at Finextra

Cloud, the one stop shop for investment management innovation

Cloud providers are capable of operating technology, infrastructure, and data centres at a massive scale, and building new, sophisticated, and scalable applications at an optimum speed. Realisation of this has led to increased innovation in the investment management sector and, in turn, resulted in some of the largest banks, asset managers and hed...

23 March 2022 /cloud

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