By moving services into the cloud, businesses have enabled disparate divisions to examine, amend and respond to a single set of data, eliminating redundancies and inaccuracies, and develop and scale services without infrastructure. The time has come for financial services to embrace the cloud and its benefits.
The question of whether the cloud will play a major part in our business future has been asked and answered: the cloud has filled niche after niche in our everyday lives, from email and back office functions at work to television and video games in the family home. Even the conservative world of books has been extensively disrupted by cloud-based eBook services like Amazon’s cloud-powered Kindle Whispernet.
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