Although financial services companies see significant benefits in cloud-based systems, the adoption of this technology is still slow-paced for the industry. The reason? For highly-regulated institutions there are significant legal and regulatory challenges that must be considered and dealt with before migrating to the cloud.
When thinking about writing this article, I was actually wondering, do I really need to get started on why businesses should prioritize moving to the cloud? By now the majority of business managers and IT administrators have already read many cloud related articles and listened to a large number of talks related to this topic.