Finextra Research is set to host its second Financial Cloud Summit conference on March 7th, 2024, at King’s Place in London.
This year’s event will gather a diverse group of leaders from the financial sector to provide actionable insights for decision-makers, helping to accelerate their cloud journeys.
According to recent data, the primary advantage that banks experience through cloud deployments is a simplified IT infrastructure:
- 42%: Simplified IT infrastructure
- 20%: Cost reduction
- 17%: Innovation
- 15%: Increased compliance with security and regulatory standards
- 4%: Wide choice of cloud-native banking solutions
- 2%: Customer centricity
Progressive financial institutions view cloud adoption as a strategy not only to enhance their IT systems but also to drive comprehensive transformation in their business operations. At this year’s Financial Cloud Summit, panelists will explore key themes surrounding the stages of cloud usage: strategy, migration, and optimization.
The conference will also examine how cloud usage has evolved in 2024, particularly in light of rising inflation, recession concerns, and the increasing cost of skills. It will address the impact of these macroeconomic trends on global companies.
For more information about Finextra’s Financial Cloud Summit and to register for attendance, please visit here.